Use the recent numbers to decide whether to buy now, sell now, or wait
If you are torn between making a move now and waiting for more clarity, I would start with the balance between supply, pricing, and pace. In Monterey Park, CA, supply stood at 2.5 months last month, the typical sold price was $792,500, and a typical sale took 25 days.
That combination tells me the market was active enough to reward preparation, but measured enough to support strategy. Monterey Park, CA also had 60 active listings and 16 sales last month, so I would not read this as a market that forces every decision immediately.
The more useful question is which side of the move you are on first. Sellers had support from low supply and closings near asking at 99.7%, while buyers still had enough choices to compare listings, especially once homes moved beyond the first burst of attention.
Decide which decision comes first for you price, timing, or flexibility. Build the next step from that priority instead of trying to solve every part at once. In Monterey Park, CA, I would also compare your move against the recent closing pace so your timeline stays realistic.
