May 2026 showed positive year-over-year sales activity across the selected major U.S. metro areas, with all tracked markets recording growth. Phoenix, AZ metro area led the group, with sales volume increasing by 10.0% year-over-year to 5,293 closed sales. Denver, CO metro area followed with a 4.9% increase, reaching 5,608 transactions. Washington, DC metro area also posted steady growth, rising 3.9% year-over-year with 5,514 closed sales. Jacksonville, FL metro area recorded a 3.4% increase, totaling 2,705 transactions, while Portland, OR metro area saw a moderate 1.8% rise, reaching 3,713 closed sales.
For a detailed view of all 30 metro areas that we track and more insights, visit our Interactive Market Insights page. Learn more about the metrics in PropMix Market Insights.