Cumby Home Values

For the second consecutive quarter, home sales in Cumby closed at a faster clip than the trailing year typically produced: 23 transactions this period against a pace closer to a dozen a quarter over the twelve-month baseline. Time to close kept compressing too, with the median landing at 81 days, down from 92 across the full year. Based on MLS data for 2026-07 closings in Cumby, price per square foot came in near $140, a discount to the twelve-month figure near $170, even as fewer sales closed below original asking than the year-long average — roughly a third this quarter versus closer to half over the trailing year.

The forward pipeline complicates the picture: pending contracts fell to just a dozen, well below the average pace of pending activity typical over the trailing year, even as new listing flow held roughly steady and active inventory stayed effectively unchanged. Months of supply contracted to a little over six, tightening from a year-long average near eleven, though supply still comfortably favors buyers over sellers. With contract formation lagging well behind the recent tightening in supply, the current pace of absorption may prove difficult to sustain without a rebound in pending activity in the coming weeks.

The negotiation gap between list and sale prices in Cumby narrowed slightly in the most recent quarter, with sellers receiving roughly ninety-five cents on the dollar at closing — a modest improvement from the full-year average. Based on MLS data for 2026-06 closings in Cumby, the trailing three-month median closed in about eighty-three days, reflecting somewhat faster time-to-close than the twelve-month baseline. Roughly four in ten transactions settled below original asking, and about a quarter of closings involved seller concessions averaging near nine thousand dollars. The directional trend suggests sellers have modestly improved their position at the negotiating table, though the limited sample of roughly twenty closings means these signals carry wider-than-usual confidence intervals.

Pending contract activity in Cumby dropped sharply in the recent quarter relative to the twelve-month baseline, with the pending count running well below active supply and months of supply contracting toward five. New listing flow moderated significantly from its prior pace. Active inventory held flat, but with pending formation slowing, the pipeline suggests transaction volume is likely to remain thin near term. Directionally, the data points toward a market where both sides are pulling back, with modest supply contraction offering some stabilizing pressure heading into the second half of the year.

Price per square foot in Cumby tells a divergent story heading into mid-2026. Based on MLS data for 2026-05 closings in Cumby, the trailing three-month median landed near $170 per square foot — roughly a ten percent discount to the twelve-month baseline of $188 — while the year-over-year price shift of more than a quarter signals that the market has repriced substantially from where it stood a year ago. Sellers gave back about six cents on the dollar at closing over the full year, and more than half of all transactions settled below original asking. The limited sample of roughly eighteen closings this quarter means these directional signals carry wider-than-usual confidence intervals.

New listing activity in Cumby has outpaced pending contract formation in the most recent quarter, with new listings running above pending count and active supply holding at roughly three times the pending total. At around six months of supply, the pipeline sits clearly in buyer-favorable territory. The gap between available homes and active buyers suggests downward pressure on negotiated outcomes is likely to persist in the near term, though the modest transaction volume warrants caution in reading the trend as definitive.