Published October 4, 2026 in Market Update

Primary market inventory is up while sales stay nearly flat

The one fact that changes what a homeowner should do: the Real Estate Data Aggregator counted 2,082 homes for sale across the Primary market in the three months ending July 31, 2026. That is up 3% from a year before. More competition is on your street now.

At the same time, the Real Estate Data Aggregator counted 1,513 homes sold, down just 0.6% from a year ago. Demand has barely moved. Supply is growing faster than buyers are leaving.

What the national picture adds

The National Association of Realtors reported 4.9 months of supply nationally, the highest in over ten years. The Primary market is running close to that. The Real Estate Data Aggregator puts 89011 at 4.8 months, 89052 at 4.6 months, and 89012 at 4.1 months.

Realtor.com reported that mortgage rates crossed 7% in late September for the first time since January 2025. Freddie Mac put the 30-year fixed rate at 7.28% as of October 1, 2026. That slows buyers down. Realtor.com also reported that homes under contract nationally fell 4.1% year over year. So far, the Primary market has held up better than that.

How each ZIP code read in the three months ending July 31, 2026

Not every ZIP moved the same way. Here is what the Real Estate Data Aggregator counted for each one.

Where prices moved

89052 and 89044 saw the strongest price growth. The Real Estate Data Aggregator put 89052 up 8.3% year over year, to $650,000. 89044 rose 7.7%, to $559,833. That is a real gain for sellers in those ZIPs.

89074 is the honest exception. The Real Estate Data Aggregator shows the median there fell 11.6%, to $441,500. Sales volume rose 10%, so buyers came. But they paid less. Pricing carefully matters more there right now.

How fast homes are moving

Days on market crept up in most ZIPs. The Real Estate Data Aggregator shows 89014 took 62 days at the median, up 14 days from a year ago. 89044 took 65 days, up 10 days. Not every home is sitting, but sellers should expect more time than last year.

89012 was the fastest at 51 days. 89015 came in at 53 days, and actually fell 4 days from a year ago. Those two ZIPs are moving a bit quicker than the rest.

Are sellers still getting close to list price?

Yes, mostly. The Real Estate Data Aggregator shows sale-to-list ratios between 97.4% and 98.6% across all seven ZIPs. Sellers are not giving large discounts. But the share of homes selling above list has slipped in most ZIPs.

89074 had the highest share above list: 14.2%, per the Real Estate Data Aggregator. 89012 had the lowest at 8.3%. Most ZIPs saw that share fall a little from a year ago.

Pending sales point to what comes next

The Real Estate Data Aggregator counted 1,622 pending sales across the Primary market, up 3.5% from a year ago. That is a quiet positive sign. More homes are going under contract, even as rates sit above 7%.

89044 and 89074 led the way. The Real Estate Data Aggregator shows pending sales in 89044 up 17%, and in 89074 up 14.7%, both from a year before. Buyers in those ZIPs are still committing.

Quick contract rate: which ZIPs move fastest

The Real Estate Data Aggregator tracks how many homes go under contract within two weeks of listing. 89074 led at 27.7%. 89011 was next at 25.4%. 89044 was lowest at 19%, and fell 6.5 points from a year ago.

One last thing: these numbers cover a whole ZIP code. One street can read very differently from the ZIP around it. A block with newer builds, a different school boundary, or a busier road can shift the story entirely.