Published November 1, 2026 in Market Update

Granite Bay prices held steady while more buyers got into contract

Nationally, the Federal Housing Finance Agency reported U.S. house prices rose 2.4% year over year through August 2026. Granite Bay held its own. The Real Estate Data Aggregator counted a median sale price of $1,250,000 for the three months ending August 31, 2026. That is unchanged from the same period a year before.

Flat pricing is not the same as a soft market. Pending sales in Granite Bay rose 8.8% year over year, according to the Real Estate Data Aggregator. That means more buyers are getting into contract, not fewer. Demand is still there.

Homes are taking a little longer to sell

The Real Estate Data Aggregator shows the median home in Granite Bay spent 26 days on market. That is 5 days longer than the same period in 2025. Not a dramatic shift, but worth knowing if you are planning a timeline.

Homes are still selling close to asking price. The Real Estate Data Aggregator put the average sale-to-list ratio at 98.5%, down just 0.1 points from a year before. That is a small dip, not a signal that sellers are giving ground.

Fewer homes sold above asking, but some still did

About 22.2% of Granite Bay homes sold above list price in the three months ending August 31, 2026, according to the Real Estate Data Aggregator. That is down 3.1 points from a year before. So bidding wars are less common, but they have not disappeared.

On the supply side, new listings rose 4.3% year over year, while homes for sale slipped 2.5%. The Real Estate Data Aggregator counted 78 active listings and 98 new listings over the period. More homes are coming to market, and buyers are absorbing them.

The national picture adds some context

Mortgage rates climbed above 7% for the first time since January 2025, according to Realtor.com. Nationally, Realtor.com also reported that 20.8% of listings took a price cut in September 2026, the highest share since October 2022. Granite Bay did not follow that pattern. Prices held flat and sales volume grew.

The Federal Housing Finance Agency also noted U.S. house prices rose 0.3% from July to August 2026 on a seasonally adjusted basis. Granite Bay's stability fits that broader trend, even at a price point well above the national median.

One thing to keep in mind: these numbers cover all of Granite Bay. One street, one price range, or one home style can read very differently from the ZIP code as a whole. The story for your specific home may not match the overall picture.