Steiner Ranch | Monthly Market Report
June's median price jumped 35 percent. Home values didn't.
The two most important numbers in Steiner Ranch this month point in opposite directions, and the gap between them tells you more than either one alone. Here is what actually happened in June, drawn from every closed sale in the neighborhood.
June 2026 data, published July 2026. Source: ABOR.
Median sale price
+35%
vs June 2025
and yet
Price per square foot
−6%
vs June 2025
When the median rises this sharply while price per foot slips, the explanation is the mix of what sold. Larger homes made up more of June's closings and pulled the median up with them. That is a change in what traded, not a 35 percent change in what your home is worth.
The story this month
A median tells you what the middle sale looked like among the homes that happened to close, not what homes are worth. In June, the closings skewed toward larger homes and higher price bands, which is why the median climbed 35 percent while price per square foot fell 6. If you are trying to read your own home's value off the neighborhood median this month, it is the least useful number on the page.
The market underneath that headline was quick and disciplined. The median home sold in 26 days, faster than last June and a different world from January's 148. Sellers closed at 98 percent of list price, the strongest reading in two and a half years of data, and that ratio has firmed every month since March. Accurately priced homes are being met, not negotiated down.
Supply stayed in balance. Thirty-four new listings arrived, 17 percent more than last June, and buyers absorbed them as fast as they came on: total inventory barely moved. That leaves the market at exactly 3.0 months of supply, the precise line between a seller's market and a balanced one. Call it edging into balanced, and remember the label matters less than the behavior underneath it.
These numbers describe the neighborhood. They don't describe your home.
In a month where the mix moved this much, the difference matters more than usual. Find out where your home actually sits in this data before you make any decision, not after.
See what your home is worth
