Siena Market Update – March 2026

Momentum Is Building as the Spring Market Picks Up — But Patience Still Matters

March Snapshots

Market Snapshot:

Active Listings: 20
Pending Listings: 12
Homes Sold: 11
Average Sold Price: $383,091
Days to Sell: 100
Average Price per Sq. Ft.: $171.05
Close Price to Original List Price Ratio: 92.64%
Average Days on Market for Active Listings: 43
Average Price per Sq. Ft. for Active Listings: $179.89

What We’re Seeing

After a quiet start to the year, Siena is showing real signs of life as we enter the spring buying season. Activity is picking up with more homes selling and a solid pipeline of pending contracts, yet the market remains balanced and measured.

March delivered the strongest month of 2026 so far: 11 closed sales and 12 homes under contract. That combination points to genuine momentum building.

Activity Is Accelerating

The first quarter tells a clear story of improvement:

January was quiet on closings but built the pending pipeline
February began converting that activity
March delivered strong results on both closed sales and new pendings

Buyers are more engaged now, and that energy is finally showing up in the numbers.

Homes Are Moving Faster — But Still Require Patience

One of the most encouraging shifts this month is the pace. Active listings are now averaging just 43 days on market — a significant improvement from the 95+ days we saw earlier in the year.

Closed sales still averaged 100 days, which reminds us this is not yet a fast-moving market. Buyers continue to have options and are taking their time to evaluate properties carefully. Properly priced, well-presented homes are gaining traction more quickly, but patience remains important on both sides.

Inventory Is Stabilizing

After several months of declining inventory, March saw a modest increase to 20 active listings (up from 17 in February). This suggests new sellers are testing the market as spring arrives, keeping supply relatively steady rather than tightening further.

At this level, Siena feels more balanced than constrained — buyers have choices, but not an overwhelming amount.

Pricing: Holding Steady with Normal Variation

Pricing in Siena continues to reflect the mix of homes selling rather than a broad market shift.

Active listings are averaging $179.89 per square foot
Closed sales came in at $171.05 per square foot

This spread is healthy and consistent with recent months. There are no clear signs of declining values — just the normal month-to-month movement we expect in a neighborhood of this size. The 92.64% close-to-list ratio shows buyers still have some negotiating room, but motivated sellers are getting deals done.

The Big Picture for Spring 2026

Siena is transitioning into a more active spring market. Compared to the first quarter of 2025, we’re seeing stronger closing activity and a healthier pipeline, even though the overall pace remains more measured than in tighter neighborhoods. Demand is improving without overwhelming the available supply.

The Takeaway

The Siena market is gaining momentum with more sales, a strong pending pipeline, and faster movement on active listings. At the same time, buyers still have options and time on their side, which means realistic pricing, strong presentation, and patience continue to be key for sellers.

This feels like a healthy, normalizing spring market rather than a heated one.

📍One Last Thought

Real estate is hyper-local — and in Siena, conditions can vary noticeably from street to street and even within the same section. If you’re thinking about buying or selling this spring, or just want a clear, data-driven read on what current conditions mean for your specific home, I’m here to help you make smart, informed decisions.

Feel free to reach out anytime.