How competitive is the Farmington housing market?

Farmington is competitive as of July 2026, with a Sold Score of 71/100 (Good Chance of Selling). **Pending ratio** is 0.63 (contracts vs. active inventory) — anything above 0.40 is healthy demand, below 0.20 is slow. **Inventory change YoY** is +6.1% — more choices for buyers than a year ago. **Median days on market** is 49. Faster than 30 days means buyers are deciding quickly. **Price-reduction share** is 32.1% of active listings — above 25% signals sellers are widely overshooting list price. — Live indicators (July 2026): Sold Score: 71/100 (Good Chance of Selling) · Pending ratio: 0.63 · Inventory YoY: +6.1% · Median days on market: 49 · Sellers cutting price: 32.1% · Median listing price: $377,363 (-4.3% YoY)