May added volume but not clarity. Eighteen sales across the Preserve. Sixty-two new listings came on. Forty-four of those new listings went nowhere. April had thirteen sales against fifty-six listings. The count went up on both sides but the ratio barely moved.

Freehold carried everything again. Twelve of the eighteen sales were freehold. Eight detached homes sold averaging $1,666,500 in thirty-four days. Three townhouses sold averaging $993,000 in fourteen days. Detached moved slower than April. Townhouses moved faster. Both are down roughly ten to fourteen percent from where they were in May of last year.

Condos showed more activity but not better pricing. Six condo apartment sales in May after four in April and zero in March. Average price was $498,000 over thirty-two days. May 2025 had one sale at $563,000. A year later, six times the volume, sixty-five thousand dollars less per unit. That's not recovery. That's buyers setting a lower floor each time they show up.

Twelve freehold listings out of thirty-six found buyers. Six condo apartments out of twenty did. The rest of those new listings are still waiting. Eighteen sales against sixty-two new listings is a twenty-nine percent ratio. That's a buyer's market and has been for a while now.

The homes that sold in May shared one thing. Their pricing didn't give buyers a reason to keep looking. At every price point, in every product type, that's still the only variable sellers actually control.

Sixty-two new listings came to market in May. More will follow in June. For buyers, more fresh options every month means more negotiating power. Every week a new listing sits without an offer, the seller loses a little more of the leverage they thought they had when they listed.