Summit Wood, Kansas City MO Real Estate & Homes For Sale

7 homes in Summit Wood · Sorted by Newest Listed

No homes for sale in Summit Wood right now — showing recently sold & under contract.

7 homes in Summit Wood

7725 Breckenridge Avenue, Kansas City, MO

Under Contract 9/6

$460,0002d to contract

3beds|4.5baths|2,993sqft|Under Contract

7725 Breckenridge Avenue, Kansas City, MO

1,338 70 39 13

7703 Breckenridge Avenue, Kansas City, MO

Sold 8/19/26

Listed for

$399,99979d to sale

Sale price not disclosed

3beds|2,516sqft

7703 Breckenridge Avenue, Kansas City, MO

3,607 200 116 45

Sold 7/10/26

Listed for

$549,90043d to sale

Sale price not disclosed

5beds|3,981sqft

15809 E 77th Place, Kansas City, MO

1,574 65 39 13

Sold 5/29/26

Listed for

$449,00057d to sale

Sale price not disclosed

5beds|3,753sqft

15919 E 78th Street, Kansas City, MO

522 5 8 3

Sold 4/3/26

Listed for

$430,00022d to sale

Sale price not disclosed

4beds|3,519sqft

16105 E 76th Street, Kansas City, MO

Sale price not disclosed

4beds|3,114sqft

16104 E 76th Street, Kansas City, MO

212 25 8 3

Sale price not disclosed

4beds|4baths|3,316sqft

15719 E 76th Street, Kansas City, MO

149 11 8 3

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Real estate in Summit Wood, Kansas City, Missouri

Summit Wood, Kansas City has 7 homes for sale right now, with a median list price of $435,000 These homes were built between 1996 and 2006, ranging from 2,516 to 3,981 square feet.

Sources — listings, prices and days on market: Heartland MLS as distributed by MLS GRID, as of September 28, 2026 · analysis and home values: HouseLoop calculations

Housing market trends in Summit Wood, Kansas City, Missouri

Summit Wood, Kansas City: 0 homes for sale.

Homes for sale in Summit Wood

$435,000

Median list price

Measure	Sep 2025	Aug 2025	Sep 2024	Change
Median sale price	$427,500	$427,500	$425,000	+0.6%
Median price per sq ft	$129	$129	$141	−8.5%
Homes sold	6	6	11	−45.5%
New listings	6	7	11	−45.5%
Went under contract	6	7	12	−50%

Aggregate market statistics from Heartland MLS · as of Sep 1, 2026 · per-address sold prices excluded per Heartland §12.3(b). Change compares Sep 2025 with Sep 2024.

Real estate FAQs about Summit Wood

What school district serves Summit Wood?

Summit Wood is primarily served by the Lee's Summit school district.

What high school is Summit Wood zoned for?

Summit Wood is most commonly zoned for Lee's Summit North High School.

What middle school is Summit Wood zoned for?

Summit Wood is most commonly zoned for Bernard Campbell Middle School.

What elementary school is Summit Wood zoned for?

Summit Wood is most commonly zoned for Hazel Grove Elementary.

How many homes are for sale in Summit Wood?

There are 7 homes for sale in Summit Wood, Kansas City, MO on HouseLoop, updated in real time from Heartland MLS.

How long does it take to sell a home in Summit Wood?

Homes in Summit Wood go under contract in a median of 19 days after listing.

Is now a good time to sell my home in Summit Wood?

Summit Wood is currently a strong seller's market — 0.0 months of supply, a median 19 days to go under contract. That favors sellers: well-priced, well-presented homes are still moving. Pricing to the market from day one is what separates a quick sale from a stale listing.

Is now a good time to buy a home in Summit Wood?

With 0.0 months of supply, a median 19 days to go under contract, Summit Wood is a strong seller's market. Move-in-ready homes still go fast, so buyers who are pre-approved and ready to act have the advantage. Homes that linger past the median days on market are where the negotiating room is.

Are home values increasing in Summit Wood?

Demand in Summit Wood is steady with a median of 19 days to go under contract, which points to firm, competitive demand. 6 homes sold here in the last 12 months. For an exact change in value for a specific home, ask us for a comparative market analysis - it is the most reliable read.

Does Summit Wood have good resale value?

Resale strength comes down to liquidity and how close homes sell to asking. Summit Wood had 6 sales in the last 12 months and a median 19 days to contract — signs of a market where well-maintained homes hold their value and resell efficiently.

How does Summit Wood (Kansas City, MO) compare to its city?

Summit Wood (Kansas City, MO) has a median sale price of $427,500 (59% above the city median of $268,500); a median 19 days to go under contract (2 days slower than the city median of 17 days). Buyers and sellers can use these benchmarks to gauge how Summit Wood (Kansas City, MO) is performing relative to the surrounding market.

Verify school attendance boundaries before relying on them — boundaries can change year-to-year.

② Its neighborhoods — one step out

Nearby neighborhoods to Summit Wood

Neighborhood	Market (Market type is set by months of supply — how long it would take to sell every home for sale at the current pace. Under ~4 months favors sellers (low inventory, faster sales, homes near or above asking); over ~6 favors buyers (more choice, more negotiating room). 4–6 is balanced.)	Months supply	For sale	Median sale	Sell-to-list	Days to contract	Coming soon	Under contract
Ruskin Heights	Balanced	4.6 mo	22	$152,950	102%	21d	0	13
Marlborough Heights	Balanced ▲	4.3 mo	18	$165,500	101%	36d	0	9
Armour Hills	Strong Seller's	1.2 mo	5	$476,500	105%	12d	1	3
Ruskin Hills	Seller's	2.8 mo	9	$171,500	102%	28d	1	1
Red Bridge	Seller's ▲	3 mo	9	$350,000	101%	15d	0	7
Terrace Lake Gardens	Seller's	3.7 mo	7	$195,000	98%	18d	0	2

How we compute these

Market.: Market type is set by months of supply — how long it would take to sell every home for sale at the current pace. Under ~4 months favors sellers (low inventory, faster sales, homes near or above asking); over ~6 favors buyers (more choice, more negotiating room). 4–6 is balanced.
Months supply.: How many months it would take to sell every home now for sale at the pace of the last 90 days: homes for sale ÷ (closings in the last 90 days ÷ 3).
For sale.: Homes listed as active right now. A live count, not a monthly average.
Days to contract.: The middle number of days between a home being listed and going under contract, over the last 90 days of closings. It is not days-to-close, and it is not how long today's listings have been sitting. Newly built homes are excluded, because a build finishing is not a market moving.
Coming soon.: Homes announced but not yet accepting showings. A live count.
Under contract.: Homes with an accepted contract that have not closed yet. A live count.

③ Nearby cities — two steps out

Search homes nearby Summit Wood

Place	Market (Market type is set by months of supply — how long it would take to sell every home for sale at the current pace. Under ~4 months favors sellers (low inventory, faster sales, homes near or above asking); over ~6 favors buyers (more choice, more negotiating room). 4–6 is balanced.)	Months supply	Median list	Sell-to-list	Days to contract	For sale	Coming soon	Under contract
Kansas City	—	—	$260,000	—	—	2,153	109	871
Independence	—	—	$226,950	—	—	392	18	177
Lee's Summit	Seller's	2.9 mo	$525,000	100%	14d	395	29	249
Blue Springs	Seller's	3 mo	$397,450	101%	14d	212	12	128
Raytown	Seller's	2.5 mo	$238,000	100%	20d	88	4	48
Grandview	Seller's	2.3 mo	$260,000	101%	18d	60	3	30

How we compute these

Market.: Market type is set by months of supply — how long it would take to sell every home for sale at the current pace. Under ~4 months favors sellers (low inventory, faster sales, homes near or above asking); over ~6 favors buyers (more choice, more negotiating room). 4–6 is balanced.
Months supply.: How many months it would take to sell every home now for sale at the pace of the last 90 days: homes for sale ÷ (closings in the last 90 days ÷ 3).
Median list.: The middle asking price among the homes for sale right now. Half are listed above it, half below.
Days to contract.: The middle number of days between a home being listed and going under contract, over the last 90 days of closings. It is not days-to-close, and it is not how long today's listings have been sitting. Newly built homes are excluded, because a build finishing is not a market moving.
For sale.: Homes listed as active right now. A live count, not a monthly average.
Coming soon.: Homes announced but not yet accepting showings. A live count.
Under contract.: Homes with an accepted contract that have not closed yet. A live count.

④ Zip codes, every city, then wider — widest

Nearby ZIP codes

Place	Market (Market type is set by months of supply — how long it would take to sell every home for sale at the current pace. Under ~4 months favors sellers (low inventory, faster sales, homes near or above asking); over ~6 favors buyers (more choice, more negotiating room). 4–6 is balanced.)	Months supply	Median list	Sell-to-list	Days to contract	For sale	Coming soon	Under contract
64119	Seller's	2.5 mo	$244,200	100%	12d	99	9	50
64114	Seller's	2.6 mo	$299,900	102%	6d	93	9	61
64131	Seller's	2.5 mo	$222,500	102%	14d	61	2	37
64134	Seller's	3.8 mo	$179,000	100%	22d	94	3	43
64113	Strong Seller's	2 mo	$499,450	103%	4d	35	9	17
64111	—	—	$327,950	—	—	127	4	23
64110	—	—	$259,000	—	—	81	3	18
64130	—	—	$115,000	—	—	131	2	31
64156	Buyer's	6.3 mo	$508,080	100%	36d	93	2	31
64117	Strong Seller's	1.7 mo	$251,000	100%	10d	24	3	25
64112	—	—	$439,500	—	—	60	2	26
64132	Balanced	4.7 mo	$120,000	97%	35d	54	1	18
64137	Seller's	2.7 mo	$252,450	100%	15d	29	1	17
64108	Strong Buyer's	9.5 mo	$380,000	101%	32d	63	4	12
64128	Strong Buyer's	8.2 mo	$142,000	97%	45d	56	0	17
64127	Buyer's ▲	7 mo	$140,000	89%	51d	64	1	14
64109	Strong Buyer's	8.5 mo	$275,000	95%	40d	70	1	18
64123	Buyer's ▲	7.6 mo	$164,900	97%	39d	45	2	6
64145	Seller's ▼	3.1 mo	$354,900	99%	15d	21	1	8
64129	Balanced	4.3 mo	$180,000	100%	28d	34	0	6
64124	Strong Buyer's	11.4 mo	$222,500	99%	35d	53	2	8
64105	Strong Buyer's	8.2 mo	$182,500	96%	56d	36	2	4
64106	Strong Buyer's ▲	12.8 mo	$212,500	96%	65d	50	0	6
64146	Strong Seller's	1.4 mo	$225,000	98%	19d	5	0	1
64126	Balanced ▲	5.7 mo	$189,425	95%	52d	9	0	2
64139	Seller's	3.3 mo	$484,875	98%	12d	6	0	1
64136	Strong Buyer's	18 mo	$375,000	95%	18d	24	0	2
64125	Buyer's	8 mo	$59,900	110%	30d	10	0	2
64149	Strong Buyer's	36 mo	$1,005,000	90%	258d	6	1	2
64118	Strong Seller's	1.9 mo	$305,000	100%	10d	75	13	60
64120	Strong Buyer's	36 mo	$435,000	102%	1d	3	0	1
64101	—	—	$1,975,000	—	0d	0	0	0
66134	—	—	$159,000	—	0d	1	0	0
64172	—	—	$85,000	—	0d	1	0	0

How we compute these

Market.: Market type is set by months of supply — how long it would take to sell every home for sale at the current pace. Under ~4 months favors sellers (low inventory, faster sales, homes near or above asking); over ~6 favors buyers (more choice, more negotiating room). 4–6 is balanced.
Months supply.: How many months it would take to sell every home now for sale at the pace of the last 90 days: homes for sale ÷ (closings in the last 90 days ÷ 3).
Median list.: The middle asking price among the homes for sale right now. Half are listed above it, half below.
Days to contract.: The middle number of days between a home being listed and going under contract, over the last 90 days of closings. It is not days-to-close, and it is not how long today's listings have been sitting. Newly built homes are excluded, because a build finishing is not a market moving.
For sale.: Homes listed as active right now. A live count, not a monthly average.
Coming soon.: Homes announced but not yet accepting showings. A live count.
Under contract.: Homes with an accepted contract that have not closed yet. A live count.

Search homes for sale in every city we cover

City	Market (Market type is set by months of supply — how long it would take to sell every home for sale at the current pace. Under ~4 months favors sellers (low inventory, faster sales, homes near or above asking); over ~6 favors buyers (more choice, more negotiating room). 4–6 is balanced.)	Months supply	Median list	Sell-to-list	Days to contract	For sale	Coming soon	Under contract
Archie	Seller's	3.6 mo	$275,000	100%	45d	17	2	4
Avondale	Strong Buyer's	12 mo	Median—	102%	7d	3	0	0
Basehor	Balanced	4.5 mo	$470,700	99%	33d	95	2	49
Belton	Seller's	2.4 mo	$364,900	101%	19d	71	8	44
Birmingham	Strong Buyer's	12 mo	Median—	101%	8d	2	0	0
Blue Springs	Seller's	3 mo	$397,450	101%	14d	212	12	128
Bonner Springs	Balanced	4.5 mo	$159,950	98%	19d	45	8	19
Buckner	Seller's	3.3 mo	$251,400	98%	27d	14	1	7
Bucyrus	Strong Buyer's	9.7 mo	$550,000	96%	15d	17	0	3
Camden Point	Seller's	3.4 mo	$210,000	101%	7d	2	0	0
Claycomo	Strong Buyer's	10 mo	Median—	99%	2d	5	0	0
Cleveland	Seller's	4 mo	$308,900	97%	31d	9	0	4
Creighton	Balanced	5.2 mo	$250,000	100%	71d	10	0	2
De Soto	Buyer's	6.1 mo	$585,000	99%	14d	49	1	9
Dearborn	Seller's	2.3 mo	$434,000	100%	33d	4	0	1
Drexel	Buyer's	7.3 mo	$271,950	96%	48d	22	1	6
East Lynne	Strong Buyer's	12 mo	$45,000	101%	55d	11	0	1
Easton	Strong Buyer's	8.8 mo	$195,000	101%	19d	11	0	1
Edgerton	Strong Buyer's	11.1 mo	$272,000	92%	32d	13	0	3
Edgerton	Balanced	5.9 mo	$329,990	100%	32d	38	1	7
Edwardsville	Buyer's	6.7 mo	$314,950	97%	26d	14	2	7
Eudora	Strong Seller's	0.2 mo	$330,000	98%	14d	1	1	9
Excelsior Springs	Seller's	2.4 mo	$304,250	100%	19d	44	1	33
Fairway	Strong Seller's	1.4 mo	$525,000	103%	4d	10	1	5
Farley	Strong Buyer's	12 mo	$159,000	100%	5d	2	1	1
Ferrelview	Strong Buyer's	12 mo	Median—	96%	16d	1	0	0
Fontana	Strong Seller's	1.7 mo	$750,000	100%	33d	1	0	3
Freeman	Buyer's	7.2 mo	$359,750	93%	38d	12	0	1
Gallatin	Strong Seller's	0.1 mo	$35,000	97%	31d	1	1	6
Garden City	Balanced	5.1 mo	$249,900	98%	28d	27	0	5
Gardner	Seller's	2.8 mo	$429,355	101%	17d	99	3	57
Gladstone	Seller's	2.1 mo	$205,000	99%	11d	44	8	30
Grain Valley	Seller's	2.6 mo	$355,000	100%	17d	58	11	28
Grandview	Seller's	2.3 mo	$260,000	101%	18d	60	3	30
Greenwood	Seller's	2.4 mo	$580,000	100%	17d	25	3	13
Harrisonville	Balanced	4.1 mo	$297,000	97%	27d	75	4	19
Holt	Balanced ▼	4.5 mo	$450,000	102%	30d	18	3	6
Houston Lake	Seller's	3 mo	$329,000	108%	2d	1	0	0
Independence	—	—	$226,950	—	—	392	18	177
Kansas City, MO	—	—	$260,000	—	—	2,153	109	871
Kansas City	Seller's	4 mo	$247,500	98%	21d	478	21	192
Kearney	Balanced	4.6 mo	$459,000	101%	22d	105	5	37
Kingsville	Strong Buyer's ▼	13 mo	$357,000	90%	33d	53	3	9
Lacygne	Strong Seller's	0.8 mo	$169,000	95%	81d	2	0	3
Lake Lotawana	Balanced	5.1 mo	$492,500	97%	31d	25	1	4
Lake Quivira	Buyer's ▼	6.5 mo	$939,000	92%	57d	7	0	0
Lake Tapawingo	Strong Seller's	1.4 mo	$235,000	98%	14d	2	0	3
Lake Waukomis	Strong Seller's	1.3 mo	$490,000	99%	21d	2	0	3
Lake Winnebago	Strong Buyer's	13.1 mo	$1,255,000	97%	59d	23	2	7
Lane	Strong Buyer's	16.3 mo	$109,900	97%	44d	19	0	3
Lansing	Seller's	3.5 mo	$369,500	99%	11d	26	2	5
Lawrence	Strong Seller's	0.2 mo	$340,000	98%	17d	7	3	53
Lawson	Strong Seller's	1.4 mo	$192,450	100%	30d	9	1	15
Leavenworth	Balanced	4.4 mo	$220,000	100%	25d	165	17	53
Leawood	Seller's	3.1 mo	$950,000	102%	4d	131	18	60
Lee's Summit	Seller's	2.9 mo	$525,000	100%	14d	395	29	249
Lenexa	Seller's	3.3 mo	$651,475	100%	12d	196	18	73
Levasy	—	—	$9,950	—	0d	1	0	0
Liberty	Seller's	2.7 mo	$389,450	99%	16d	100	9	40
Linwood	Balanced	6 mo	$355,000	96%	39d	28	1	4
Loch Lloyd	Buyer's	6.9 mo	$1,685,000	95%	50d	15	1	5
Lone Jack	Balanced	5.6 mo	$387,000	98%	38d	28	2	15
Louisburg	Buyer's	6.5 mo	$292,728	99%	22d	67	4	34
McLouth	Strong Seller's	1 mo	$343,000	105%	48d	4	0	5
Merriam	Strong Seller's	1.9 mo	$355,000	105%	3d	15	1	7
Mission	Strong Seller's	1.1 mo	$468,450	101%	3d	15	3	17
Mission Hills	Seller's	2.2 mo	$2,267,000	105%	3d	8	2	1
Mission Woods	Strong Buyer's	12 mo	Median—	99%	1d	2	0	1
Missouri City	Strong Buyer's	16 mo	Median—	100%	4d	4	0	0
Napoleon	Strong Buyer's	15 mo	Median—	94%	129d	5	0	0
None/County	Strong Buyer's	18 mo	$1,951,000	87%	292d	3	1	0
North Kansas City	Strong Seller's ▲	1.9 mo	$275,500	96%	29d	6	1	4
Northmoor	Seller's	3.4 mo	$50,000	111%	23d	2	0	1
Oak Grove	Seller's	3.9 mo	$325,000	100%	27d	66	3	41
Oakview	Balanced	6 mo	Median—	102%	20d	1	0	0
Olathe	Seller's	3.2 mo	$629,970	102%	8d	517	39	311
Osawatomie	Balanced ▼	4.7 mo	$204,975	100%	39d	37	1	9
Overland Park	Seller's	2.6 mo	$737,640	101%	5d	498	61	325
Paola	Balanced	4.6 mo	$340,000	95%	44d	86	3	31
Parker	Strong Seller's	1 mo	$375,000	95%	22d	1	0	3
Parkville	Balanced	4.2 mo	$599,000	98%	28d	95	8	37
Peculiar	Balanced	5.1 mo	$385,000	99%	36d	78	2	28
Platte City	Balanced	4.7 mo	$550,000	99%	26d	85	7	18
Platte Woods	Seller's	4 mo	$479,900	93%	3d	1	0	1
Pleasant Hill	Balanced	4.8 mo	$269,950	97%	22d	82	4	24
Pleasant Valley	Strong Seller's	0.8 mo	$372,500	100%	11d	3	0	5
Prairie Village	Strong Seller's	1.7 mo	$1,002,500	102%	2d	56	12	50
Prathersville	Strong Buyer's	12 mo	$100,000	103%	6d	1	0	0
Raymore	Balanced	4.8 mo	$405,990	99%	27d	173	6	119
Raytown	Seller's	2.5 mo	$238,000	100%	20d	88	4	48
Riverside	Balanced	5.7 mo	$752,000	94%	40d	25	1	12
Roeland Park	Seller's ▲	2.3 mo	$324,750	102%	3d	26	3	16
Rushville	Seller's	4 mo	$169,278	100%	33d	3	0	3
Shawnee	Seller's	2.8 mo	$549,975	101%	5d	178	22	115
Sibley	Seller's	3 mo	$237,450	99%	45d	4	0	1
Smithville	Balanced	4.2 mo	$329,900	99%	28d	80	5	29
Spring Hill	Balanced	4.6 mo	$474,900	98%	30d	156	6	90
Stilwell	Strong Buyer's ▲	8.9 mo	$637,500	96%	9d	57	0	7
Strasburg	Strong Buyer's	24 mo	Median—	95%	0d	2	0	1
Sugar Creek	Balanced	5.2 mo	$170,000	100%	31d	17	1	1
Tonganoxie	Buyer's	6.4 mo	$214,500	100%	21d	111	4	29
Tracy	Strong Buyer's	12 mo	Median—	80%	76d	1	0	0
Trimble	Strong Seller's	1.1 mo	$562,500	98%	15d	3	1	5
Village Of Loch Lloyd	—	—	Median—	—	0d	0	0	0
Village Of Oaks	—	—	Median—	—	0d	0	0	0
Weatherby Lake	Seller's	2.3 mo	$675,000	100%	20d	6	1	3
Wellsville	Strong Seller's	0.7 mo	$428,500	100%	38d	3	1	8
Weston	Buyer's ▲	6.2 mo	$414,500	100%	33d	15	0	4
Westwood	Seller's	2.1 mo	$1,300,000	101%	6d	7	2	2
Westwood Hills	Strong Buyer's	14.4 mo	Median—	96%	4d	6	0	0

How we compute these

Market.: Market type is set by months of supply — how long it would take to sell every home for sale at the current pace. Under ~4 months favors sellers (low inventory, faster sales, homes near or above asking); over ~6 favors buyers (more choice, more negotiating room). 4–6 is balanced.
Months supply.: How many months it would take to sell every home now for sale at the pace of the last 90 days: homes for sale ÷ (closings in the last 90 days ÷ 3).
Median list.: The middle asking price among the homes for sale right now. Half are listed above it, half below.
Days to contract.: The middle number of days between a home being listed and going under contract, over the last 90 days of closings. It is not days-to-close, and it is not how long today's listings have been sitting. Newly built homes are excluded, because a build finishing is not a market moving.
For sale.: Homes listed as active right now. A live count, not a monthly average.
Coming soon.: Homes announced but not yet accepting showings. A live count.
Under contract.: Homes with an accepted contract that have not closed yet. A live count.

Search for homes in popular markets

Market	For sale
Heritage Ranch	29
Canyon Lakes	27
Seven Bridges	24
Garrett Ranch	24
Tomahawk Valley	22
Ruskin Heights	22

How we compute these

Market.: Market type is set by months of supply — how long it would take to sell every home for sale at the current pace. Under ~4 months favors sellers (low inventory, faster sales, homes near or above asking); over ~6 favors buyers (more choice, more negotiating room). 4–6 is balanced.
For sale.: Homes listed as active right now. A live count, not a monthly average.

Or go wider still county, metro and state

Place	Market (Market type is set by months of supply — how long it would take to sell every home for sale at the current pace. Under ~4 months favors sellers (low inventory, faster sales, homes near or above asking); over ~6 favors buyers (more choice, more negotiating room). 4–6 is balanced.)	Months supply	Median list	Sell-to-list	Days to contract	For sale	Coming soon	Under contract
Jackson County, MO	—	—	$275,000	—	—	2,914	144	1,193
Clay County, MO	Seller's	2.9 mo	$380,000	100%	15d	869	68	462
Cass County, MO	Balanced	4.5 mo	$369,900	99%	27d	635	30	270
Platte County, MO	Seller's	3.8 mo	$499,900	101%	21d	462	34	213
Johnson County, KS	Seller's	2.8 mo	$615,000	101%	7d	1,887	192	1,141
Wyandotte County, KS	Balanced	4.1 mo	$249,000	100%	20d	527	29	213
Leavenworth County, KS	Balanced	4.9 mo	$281,250	100%	26d	462	28	147
Miami County, KS	Balanced	5.2 mo	$327,500	99%	34d	249	9	94
Kansas City metro	—	—	Median—	—	—	7,542	—	—

How we compute these

Market.: Market type is set by months of supply — how long it would take to sell every home for sale at the current pace. Under ~4 months favors sellers (low inventory, faster sales, homes near or above asking); over ~6 favors buyers (more choice, more negotiating room). 4–6 is balanced.
Months supply.: How many months it would take to sell every home now for sale at the pace of the last 90 days: homes for sale ÷ (closings in the last 90 days ÷ 3).
Median list.: The middle asking price among the homes for sale right now. Half are listed above it, half below.
Days to contract.: The middle number of days between a home being listed and going under contract, over the last 90 days of closings. It is not days-to-close, and it is not how long today's listings have been sitting. Newly built homes are excluded, because a build finishing is not a market moving.
For sale.: Homes listed as active right now. A live count, not a monthly average.
Coming soon.: Homes announced but not yet accepting showings. A live count.
Under contract.: Homes with an accepted contract that have not closed yet. A live count.