JON & JESS | MARKET INTELLIGENCE
Eagle Point Real Estate Market: More Closings. Fewer Pendings. A Closer Look.
August 2026 data · Updated October 9, 2026
Eagle Point's August closings rose from a year earlier and the homes that sold moved quickly. But pending sales declined. The next decision depends on the home, its competition, and whether you are looking at existing homes or new construction.
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21 a year earlier
Down 28% year over year
Among August closed sales
98 active listings
Completed sales and new contracts diverged
August recorded 23 closings versus 21 a year earlier, a 9.5% increase. Pending sales moved the other way: 18 versus 25, down 28%. New listings eased from 28 to 26. Inventory was slightly lower at 98, compared with 102 a year earlier.
Closings reflect transactions reaching the finish line, while pending sales describe a different stage of activity. The higher closing count and lower pending count do not cancel each other out. Together, they suggest watching the next flow of contracts rather than assuming August's fast closings will continue unchanged.
The summer was uneven
| Measure | Apr | May | Jun | Jul | Aug |
|---|---|---|---|---|---|
| Closed sales | 23 | 18 | 18 | 26 | 23 |
| Pending sales | 15 | 14 | 28 | 22 | 18 |
| Active listings | 81 | 91 | 94 | 101 | 98 |
| Months of supply | 3.5 | 5.1 | 5.2 | 3.9 | 4.3 |
| Median days on market | 73 | 26 | 36 | 43 | 10 |
Pending sales stepped down after June's 28, while supply moved back up from July's 3.9 months to 4.3. August's 10-day median stands out, but it describes the sales that closed—not the age of every home still available.
Price changes need a property-mix check
The August median sale price was $440,000, down 5.2% from $464,000 a year earlier. Yet reported price per square foot was $258, up 0.4%. List-price realization eased from 98.7% to 97.7%. Those different directions are a reason to inspect comparable properties before concluding that a particular home has lost 5.2% of its value.
In the separate RVAR existing-home view, June–August produced 45 sales versus 43 a year earlier. The $440,000 median was unchanged year over year, median cumulative days on market fell from 35 to 28, and inventory was unchanged at 68. This rolling existing-home series has a different scope from the DOMUS monthly snapshot.
Existing homes and new construction are different markets
The RVAR new-construction sample contained eight sales versus five a year earlier. Its median was $527,360, compared with $557,762, and cumulative days on market was 177 versus 102. With a small, project-sensitive sample, those figures should inform questions about available projects and incentives rather than a sweeping conclusion about all new homes.
Health is stronger in the existing-home view
DOMUS health
Mixed health; seller leaning in the report's T13 model.
RVAR existing-home health
Healthy; seller favored in its separate T13 population.
These are model summaries for different populations, not competing estimates of the same group of homes. The report does not provide a comparable T12 overall momentum series. No missing momentum score has been inferred from the health model.
Make the next decision at property level
Selling
Check competing inventory, recent comparable sales, and the pace of new contracts in your segment. Price and presentation still matter when the market's closing and pending signals diverge.
Request a seller's timing briefBuying
Separate existing-home choices from builder offerings. Compare total cost, condition, incentives, and timing, and evaluate negotiating room on the actual listing.
Share your buying prioritiesSelling and buying
Plan for both a quick sale and a slower one. Align financing and replacement-home options before using a single monthly statistic to set your schedule.
Discuss your next moveCommon questions
Does a 10-day median mean I need to rush?
No. It describes the middle of the August closed-sale group. Some homes took longer, some sold faster, and unsold inventory is outside that measure. Preparation helps; the specific property should drive the decision.
Does the pending decline predict a price decline?
No. Pending activity is one signal to monitor. It is not a price forecast, and monthly counts are not a tracked conversion cohort.
Is the report available without an email?
Yes. The full report is openly available, and monthly email updates remain optional.
Read the full evidence
View / download the Eagle Point report All community reportsSource: Eagle Point Market Intelligence, August 2026, prepared September 12, 2026; DOMUS and RVAR extracts reproduced in that report. Snapshot p.3; summer comparisons p.7; existing-home and new-construction context pp.8–10; health p.15. Analysis through August 2026. Prepared by Jon Barrows & Jessica Blackwell, Full Circle Real Estate. A specific property deserves its own comparison.
