02/07/2026
W06 Market Reality Check 📊
If you want to understand where prices are going, stop watching prices 👀❌
Historic data in W06 shows the same pattern before every market shift ⏳
• Inventory rises 📈
• Homes take longer to sell ⏱️
• Sales slow 📉
• Prices move last 💰➡️
Right now in W06:
• Months of Inventory is ~4.6–5.4 🧱
• Sales volume is declining 📉
• Days on Market is pushing ~79 🕰️
• Sale-to-list ratios are slipping into the mid-90s ⚖️
• Prices are choppy, not trending 🌊
There has been no historical period in W06 where prices rose sustainably while inventory stayed high and liquidity weakened 🚫📈
Detached Homes – W06 🏠
What the charts show
• MOI has structurally shifted higher since 2022 and is now frequently above 4.5 📊
• Days on Market are rising and more volatile than the 2015–2021 period ⏱️
• Prices are reacting to liquidity, not momentum ⚖️
What this means
• Detached is no longer a scarcity-driven market in W06
• Buyer decision time is increasing, which historically precedes price pressure
• Prior cycles show prices stall or soften when MOI stays elevated for multiple months
Client takeaway
• Sellers: pricing precision matters more than timing 🎯
• Buyers: negotiation leverage has returned, especially on listings over 30 days 🤝
Condo Apartments – W06 🏢
What the charts show
• MOI is the highest and most volatile of all property types 📈
• Days on Market has climbed meaningfully after years of compression ⏳
• Prices peaked earlier than other segments and remain choppy 🌊
What this means
• Condos are the most rate-sensitive segment 📉
• Investor participation amplified both the upside and the current slowdown
• Historically, condos lead both downturns and recoveries 🔄
Client takeaway
• Sellers: overpricing is punished quickly ⚠️
• Buyers: patience and selectivity matter. Quality units still trade, mediocre ones stall 🧠
Bottom line 🔍
Until we see:
• Sales improving year over year 📊
• Inventory dropping below 4 months 📉
• Days on Market consistently falling ⬇️
Any rally remains fragile ⚠️
Data over headlines 📚
Liquidity over emotion 🧠
Buyers look for deals and don't overpay.