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Sales to active ratio:
- May 2026 = 17%
- Detached homes = 15%
- Condos = 14%
- Townhomes = 29%
- Lower than last month = 19%
- Lower than May 2025 = 21%
- Lower than 5yr May average = 30%
- Lower than 10yr May average = 31%
- **Buyer’s market = <12% / Balanced market = 12%-20% / Seller’s market = >20%**
Sales:
- May 2026 = 50
- Lower than last month = 52
- Lower than May 2025 = 55
- Lower than the 5 yr avg = 59
- 15% Lower than 10 yr avg
- Lower than the 10 yr avg = 61
- 18% Lower than 10 yr avg
Inventory:
- May 2026 = 291
- Higher than last month =276
- Higher than May 2025 = 256
- Higher than the 5 yr avg = 212
- Higher than the 10 yr avg = 218
In a nutshell
Balanced market. About 20% less than “average” (5+10yr May averages) for sales, and about 1/3 more inventory than average.