The primary market indicator is the $3,800,000 median sold price, which establishes recent transaction-level value; this level, alongside a $4,372,500 median listing price, suggests a meaningful gap between asking and realized prices and pricing friction may be present in negotiations.

Despite a market temperature labeled hot, the 396 days median days on market indicates slower sales velocity for some listings, which may reflect selective buyer behavior or longer marketing timelines rather than weak demand — interpret liquidity as tempered rather than uniformly brisk and moderate.

Supply dynamics in the analyzed sample point to relatively constrained active supply versus recent sales activity, reinforcing the role of the $3,800,000 median sold price as representative of recent closed transactions; sellers should be cautious when pricing above the median listing level given this dynamic and hot headline conditions.

Market fundamentals show price and rent momentum—price year-over-year is up and rent year-over-year is up—with a high median price per square foot of $2,134 and median market rent of $5,495; combine these signals with moderate interest rate pressure (interest rate pressure: moderate) when evaluating hold versus sell decisions.

The primary market indicator is the $3,800,000 median sold price, which signals realized market value and supports a hot market temperature given current trends.

Despite a higher $4,250,000 median listing price relative to the median sold price, recent transaction activity and a price-up year-over-year trend suggest sellers are achieving strong outcome levels; this gap may indicate persistent seller optimism rather than immediate market repricing.

Liquidity shows slower turnover with a 395 median days on market, which may indicate pricing friction or longer decision cycles even as the market temperature is hot; expect more selective buyer activity and negotiation around pricing and concessions.

Market fundamentals include a $2,128 median price per square foot and $5,500 median market rent, with rents trending up and interest rate pressure labeled moderate; this combination supports continued investor and renter interest but warrants caution on financing sensitivity.