Published October 11, 2026 in Market Update

More homes are coming on in Primary market, and buyers are still writing offers

By Jorge & Angela

Real estate, Primary market

Here is the one thing that matters most right now. The Real Estate Data Aggregator counted 919 new listings across Primary market in the three months ending August 31, 2026. At the same time, 744 homes went pending. More supply is arriving, but buyers are still writing offers. That balance is what shapes your decision, whether you are buying or selling.

The National Association of Realtors put national supply at 4.9 months, the highest level in over ten years. That is the country. Primary market is its own story, and the ZIP codes here tell different tales. Some are moving faster than the national picture. Some are slower. Knowing which one your home sits in makes all the difference.

Rates are higher. Buyers are still moving.

Freddie Mac put the 30-year fixed rate at 7.40% as of October 8, 2026. The 15-year rate sat at 6.73%. Realtor.com noted rates climbed above 7% for the first time since January 2025, rising nearly 40 basis points over four weeks. That is real. And yet 744 pending sales across Primary market shows buyers have not stopped. They are being careful. Pricing and prep still determine who gets an offer and who waits.

How each ZIP code is reading right now

Not every part of Primary market looks the same. The Real Estate Data Aggregator breaks it down by ZIP. Here is the median sale price and months of supply for each one, for the three months ending August 31, 2026.

Look at 90232. The Real Estate Data Aggregator counted a median sale price of $2,325,000 there, up 34% from a year ago. Homes sold for 104.4% of list price. Two in three homes sold above asking. Median days on market was just 28. That is a very different story from 90047, where supply sat at 6.7 months and median days on market reached 70.

Where supply is tight and where it is looser

The Real Estate Data Aggregator put 90304 at 8.4 months of supply. That is the loosest in the market. Buyers there have more options and more time. On the other end, 90248 sat at just 2 months. Homes in 90248 sold in a median of 27 days, and half sold above list price. Same market, very different conditions.

Pending sales show buyers are still active

Pending sales tell you what is happening right now, not what sold months ago. The Real Estate Data Aggregator counted strong pending numbers in several ZIPs for the three months ending August 31, 2026.

In 90302, pending sales were up 95% from a year ago, according to the Real Estate Data Aggregator. In 90301, they were up 38.9%. Those are real signals. Buyers in those ZIPs are more active than they were twelve months back. Not every ZIP moved the same way, though. 90305 saw pending sales down 12%. One neighborhood can read very differently from the next.

Prices are a mixed picture, and that is honest

Some ZIPs saw prices climb. Some dipped a little. The Real Estate Data Aggregator counted a median sale price of $1,050,000 in 90230, up 41.7% from the same three months in 2025. In 90305, the median came in at $699,000, down 17.9%. More homes sold in 90305, but at a lower price. That tells you the mix of what traded, not just the direction of values.

Realtor.com reported that active listings nationally are up 6.7% from a year ago, the fastest pace since February. Primary market is adding listings too. But the Real Estate Data Aggregator counted 744 pending sales here in the same period. Supply is growing, and so is buyer activity. That is the balance sellers need to understand when they pick a price.

How fast homes are moving, ZIP by ZIP

Not every home sold fast. In 90302, the median was 97 days on market. That is a long time to wait. In 90248 and 90232, homes moved in 27 and 28 days. The difference comes down to pricing, condition and location within the market. Realtor.com noted that nationally, homes are spending one fewer day on market than a year ago. In some Primary market ZIPs, the improvement is sharper. In others, it went the other way.

What this means if you are selling

More listings are coming. The Real Estate Data Aggregator counted 919 new listings across Primary market in the three months ending August 31, 2026. Your home is competing with more options than it was a year ago in many ZIPs. Pricing matters more, not less. Homes priced well are still getting offers. The Real Estate Data Aggregator shows sale-to-list ratios above 100% in 90232, 90260, 90248, 90230 and 90220. Those sellers priced right and got paid.

What this means if you are buying

You have more to look at than you did a year ago. The Real Estate Data Aggregator counted 881 homes for sale across Primary market. That is real choice. Freddie Mac put the 30-year rate at 7.40% as of October 8, 2026. That is the cost of waiting, too. In tight ZIPs like 90248 and 90249, supply is under 2.5 months. Homes there are not sitting long. In looser ZIPs like 90304 and 90047, you have more time and more room to negotiate.