July Market Pulse in Big Canoe: Momentum Returns

This Week’s Uptick May Signal an August Rebound

As we approach the end of July, we’re beginning to see signs that the market is regaining some traction.

In the past seven days alone, five homes have gone under contract—a noticeable shift from the slower pace we saw during the first half of the month. This uptick is encouraging, especially for sellers who’ve been waiting for activity to pick back up.

So far this month, five homes have closed, including:

• A $1,415,000 sale on Ridgeview

• A home in the Wildcat neighborhood

• A property with long-range mountain views

• A sale under $475,000

• And one in Choctaw

Another closing is expected before the end of the month. Even with that additional sale, July is on pace to be the slowest month for closings since 2020—but the forward-looking data tells a more optimistic story.

At the time of writing, nine homes are currently under contract and set to close in August—and with time left in July, that number could still grow.

Thinking of Selling? Now’s the Time to Plan Ahead

If you're considering listing, the current momentum could work in your favor. The early signs of a late-summer rebound suggest that well-priced, well-marketed homes are starting to move again.

Curious how your home compares in today’s market?
I’m happy to offer a no-pressure, professional evaluation—along with insight into the full-service marketing strategy I provide, including premium exposure through Zillow Showcase. It’s a simple, strategic way to understand where your home stands and what it could be worth.