The neighborhood's market value and recent transaction activity are best represented by the median sold price of 1,638,000, which indicates realized pricing that buyers are currently accepting versus asking expectations; with a median listing price of 1,749,000 this gap suggests some pricing friction between seller expectations and closed transactions. hot market

Despite the hot market designation, liquidity shows signs of slower velocity: the median days on market of 189 points to extended time-to-contract relative to rapid-turn markets and may indicate that buyers are selective or pricing needs adjustment; sellers should price competitively and be prepared for longer marketing periods.

Per-unit valuation is high: the median price per square foot of 691 confirms strong per-area pricing in the ZIP, so investors and pricing strategists should prioritize price-per-foot benchmarking when comparing comparable SFR and condominium listings.

Macro and demand context creates mixed signals: overall price momentum is up and market temperature is hot, but rent trends are down and interest rate pressure is elevated (current local 30-year fixed mortgage rate reported at 6.52% vs a 6.09% January 2026 average), so sellers may continue to see demand but should monitor finance cost sensitivity that could temper buyer pools. elevated interest rate pressure

$678,000 is the primary indicator of market value based on recent transactions; this median sold price, together with a median listing price of $625,000, suggests sellers are achieving transaction prices above typical asking levels and price momentum appears to be intact given the market temperature is hot and the price year-over-year trend is up.

281 median days on market points to extended time-to-sale relative to classic hot-market expectations and may indicate pricing friction or selective buyer participation despite strong headline pricing; interpret this as slower sales velocity rather than outright market weakness.

$565 median price per square foot and $2,325 median market rent indicate premium pricing in the SFR/condo segment; investors and owner-occupiers should weigh the high per-square-foot basis against the rent environment, which shows a down year-over-year rent trend (down).

Sample-level supply appears as a relatively constrained active supply versus recent closed transactions, which, combined with elevated interest rate pressure and reported mortgage rates of 6.52% versus a 6.09% average in January 2026, suggests buyers face higher financing costs that may temper demand even as the market temperature remains hot; price resilience may continue, but expect selective buyer activity and potential negotiation around terms.