New Listings Rise as Summer Comes to a Close

As the summer winds down, we’re seeing a slight uptick in U.S. home listings—up 1.2% to reach a three-month high. Meanwhile, pending sales have dipped 1.3%, marking their lowest point since March. The median asking price has edged down by 0.1%, even as the median sale price remains 1.8% above last year, all in the context of persistent mortgage rate pressures and economic uncertainty. For those navigating the complexities of selling a property—especially in probate or trust situations—timing and market dynamics like these matter. After 35 years guiding administrators, executors, and trustees through these transitions in Los Angeles County, I know how important it is to read the market carefully and protect your interests at every turn.