The primary indicator of recent market value is the median sold price of $4,749,000, which represents the most reliable signal of transaction-level pricing in the period analyzed and should be prioritized over asking prices when valuing comparable SFR and condo assets.

There is a wide gap between the median listing price of $12,197,500 and the median sold price, which suggests meaningful pricing friction and seller expectation mismatch; combined with down price year-over-year trend, this may indicate sellers will need to reprice to transact.

Transaction velocity is slow: the median days on market of 517 points to extended marketing times and slower sales velocity, and the sample shows elevated inventory relative to sales activity which may prolong time-to-contract for both SFRs and condos.

Market fundamentals show mixed signals: the median price per square foot of $1,635 and median market rent of $2,900 coexist with rental momentum (up rent year-over-year trend) while broader conditions are moderate for interest rate pressure and the market temperature is neutral, implying a balanced but cautious negotiation environment for buyers and sellers.

The primary market indicator is the 690,500 median sold price, which anchors recent transaction values and suggests this ZIP's realized market value remains above asking expectations in parts of the sample; this should be treated as the representative recent sale benchmark when valuing SFR and condo listings.

Despite the higher median sold price, the 487 median days on market points to materially slower sales velocity and pricing friction, which may indicate that sellers need greater time or pricing concessions to reach closed transactions.

The gap between the 520,000 median listing price and the median sold price highlights divergent seller expectations versus closed outcomes and suggests pricing mismatch dynamics that agents should explicitly manage during negotiations.

The 619 median price per square foot and 3,000 median market rent, together with a down price year-over-year trend and moderate interest rate pressure, imply price-sensitive buyers while rental rates remain up, supporting rental demand as an alternative strategy for owners and investors.