We’ve seen home prices across the US continue to rise—about 0.3% month-over-month on a seasonally adjusted basis in Mid-Q3. While that’s a slight slowdown compared to the previous two months, the year-over-year growth still sits at around 4%, marking the fastest pace we’ve seen in a year. Even as the monthly momentum has cooled, values have held firm across the nation.
This Mid-Q3 stretch has shaped up to be the strongest buyer’s market on record, with higher housing costs and some economic uncertainty tempering demand, while the number of homes for sale keeps growing. Many homeowners are standing firm, supported by substantial equity, and they aren’t under much pressure to make big price cuts.
If you’re buying, the slower pace means you can take the time to explore, compare, and negotiate—patience can pay off. For sellers, setting a realistic price from the start is more important than ever to stand out. In the Willamette Valley, I’m seeing these same trends play out: steady values, more choice for buyers, and a market that rewards thoughtful strategy on both sides.
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