BAY FOREST Q1 2026 MARKET REPORT

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MEDIAN PRICE and SALES
The pick-up in activity in early 2026 slowed as the Quarter progressed. The 6 Sales that took place ranged from $190,000 to $615,000, a more relevant statistic that the actual median point of such a small number of sales.

As a seasonal market, sales prices in general are higher in the first half than in the second half of the year.

INVENTORY
Both the absolute number of properties for sale and the months of inventory have returned to pre-COVID levels.

SALE PRICE to LIST PRICE
The Sale Price to List Price (at the time of sale – green line) ratio has dropped only slightly from pre-Covid to levels The ratio to the Original List Price (blue line) has recovered from the 2025 lows, suggesting that sellers are being more realistic in their pricing.
Some sales have taken place on properties whose price did not reflect the current market and those sold at a bigger discount. Properties price based on 2026 realities have sold or are under contract at prices closer to their List Price.