Market Intelligence Report — PR-720

Lares, PR

Monthly housing intelligence, market trends, and trusted local expertise.

Ref. No: 2026-PR-08
As of the latest 2026 data
Very Competitive

Median Listing

$250K
-41.2% YoY

Pending Ratio

1.17
+102.4% YoY

Active Inventory

6
-14.3% YoY

Median DOM

104 Days
+215.2% YoY

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The Lares market exhibits very competitive conditions, driven by a pending ratio of 1.17, indicating demand significantly outstripping available supply. This market dynamic persists despite a substantial year-over-year decrease in the median listing price of 41.2%.

Local Market Signals

Source: FRED (St. Louis Fed)

Local economic trends can influence how quickly homes sell and how much competition sellers may face.

Local economic indicators are not yet available for this metro. Check back soon.
Market Analysis

What's moving the Lares market right now.

Active listings have contracted by 14.3% over the past year, with no new listings entering the market in the most recent period, representing a 100.0% year-over-year decline. Concurrently, the pending ratio has increased by 102.4% year-over-year, reflecting heightened buyer activity relative to the limited inventory. Median days on market have extended significantly, rising 215.2% over the past year, even as prices have retreated.

Historical Analysis

Market Trends

Median Price

$250K+3.2% MoM

Active Inventory

6-14.3% YoY

Days on Market

104+215.2% YoY

Pending Ratio

1.17+102.4% YoY

Sold Score™ Over Time

Market liquidity index • 5 months

Apr 26Aug 26

Price & Days on Market

Median listing vs market velocity

Price DOM
Apr 26Aug 26

Inventory Dynamics

Total active listings vs new monthly supply

Active New listings
Apr 26May 26Jun 26Jul 26Aug 26

Sourced from Realtor.com RDC Inventory Core Metrics, supplemented by the Primpted research desk. Updated As of the latest 2026 data.

Market Signals & Indicators

Negotiating Leverage

The elevated pending ratio suggests significant inventory pressure, with properties being absorbed rapidly. While median days on market have increased, the strong demand-to-supply imbalance indicates that pricing discipline remains crucial for sellers to optimize market absorption. Purchasers may face an accelerated decision-making process due to limited available stock.

Luxury Segment

No distinct luxury-segment signal in this dataset.

Supply Dynamics

6 active listings represent the current floor, with new supply arriving at roughly 0 per month.

Pricing Pressure
0.0%

of active listings carry a price reduction, +0.0% from prior period.

$/Sq Ft
$0K

Median price per square foot has moved -20.3% year-over-year.

Absorption
1.17

Pending-to-active ratio — Very Competitive.

Recommended For This Market

Very Competitive

Selling in Lares, PR? Homes here are taking 71 days longer to sell than last year.

Demand in Lares, PR is outpacing supply. Well-prepared listings are still clearing quickly — pricing to the current pace matters more than waiting.

Buyer Demand Index
117%
Median Days on Market
104 days
Inventory YoY
−14%

Demand is strong in Lares, PR. Check your Sold Score before you price — conditions this favorable don't hold forever.

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Metro Demographics

Metro Area
Lares, PR
CBSA Code
29720
State
PR
Analysis FAQ
  • What is the current market condition in Lares?+

    As of the latest 2026 data, the Lares metro is classified as Very Competitive. Pending ratio is 1.17 with median days on market at 104.

  • Are home prices dropping in Lares?+

    Median listing price is $250K, -41.2% year over year. 0.0% of active listings carry a price reduction.

  • How fast are homes selling in Lares?+

    The typical listing sits 104 days on market, a +215.2% change YoY. New listings are arriving at 0 per month.

  • What's happening in the Lares luxury market?+

    No distinct luxury-segment signal in this dataset.

  • Where can I find a trusted Lares real estate expert?+

    Primpted maintains a vetted registry of Lares agents with verified credentials, Google reviews, and neighborhood specialization. See the Featured Experts section above.

Data & Methodology

Primary data sourced via Realtor.com's RDC Inventory Core Metrics (CBSA-level), supplemented by editorial analysis and the Primpted local expert registry. Historical trends calculated on a rolling 12-month basis. Past direction is not a forecast.

As of the latest 2026 data · CBSA 29720 · 5mo history