How competitive is the Farmington housing market?

Farmington is competitive as of May 2026, with a Sold Score of 81/100 (Excellent Chance of Selling). **Pending ratio** is 0.98 (contracts vs. active inventory) — anything above 0.40 is healthy demand, below 0.20 is slow. **Inventory change YoY** is -10.7% — fewer choices for buyers than a year ago. **Median days on market** is 48. Faster than 30 days means buyers are deciding quickly. **Price-reduction share** is 34.2% of active listings — above 25% signals sellers are widely overshooting list price. — Live indicators (May 2026): Sold Score: 81/100 (Excellent Chance of Selling) · Pending ratio: 0.98 · Inventory YoY: -10.7% · Median days on market: 48 · Sellers cutting price: 34.2% · Median listing price: $390,500 (+0.1% YoY)