Northeast Ohio

Real Estate

February 20, 2026

Edition 108

Happy Friday!

Hope you're doing well and enjoying some warmer weather.



Thank you for checking out this email. If you have any questions, please don't hesitate to reach out. Enjoy the weekend :)



-Pat

February Market Update

February is showing meaningful shifts in our local real estate market.

At Barmann Homes, we are seeing a significant increase in both buyers and sellers preparing to make a move in 2026. The common theme is planning. Many clients are starting the process now with the goal of buying or selling in the spring, summer, or fall. That kind of early preparation leads to better decisions and stronger outcomes. Most clients do not buy or sell the day we meet (it does happen!), but when they plan ahead, they win.


On the seller side, many homeowners are preparing their properties while securing their next step, whether that is purchasing, renting, relocating, or navigating another life transition. Buyers are becoming more active as well and are watching inventory closely. We are seeing more homes come to market, and well priced, move in ready properties are still moving quickly, often at or very near asking price.


Two data points stand out this month:

  • The number of homes going under contract has dropped compared to earlier periods.
  • Inventory has risen to approximately six months of supply.

Six months of inventory is typically considered a balanced market. In a balanced market, neither buyers nor sellers hold a clear advantage. We have not seen supply approach this level in several years, making this an important shift to watch.


Listing prices are up 13 percent month to date. As we move into spring, we would expect numbers closer to 9 percent, so current pricing is slightly above typical seasonal trends.


Overall, there are strong opportunities for both buyers and sellers in this market. Strategy and preparation are becoming more important than ever. If you or someone you know is considering a move in 2026, now is the time to start the conversation. I am actively working with clients to build smart plans for the year ahead and would be happy to help.

Newsletter Archive


Did you know that this is the 108th edition of the Barmann Homes Northeast Ohio Newsletter?


I'm thankful for all of my clients who read this on a bi-weekly basis. Thank you! I personally write all of these and it's one of my favorite things to do on Thursdays. Growing from 142 emails in 2021 to 1,719 at the moment, I love the ability to connect with so many clients and friends twice a month.


If you want to check out an older edition, click the link below. If you have any ideas of things you'd like to read about, please share your feedback.

Listing of the Week


108 Morse Ave


Painesville, OH 44077


$185,000



Thrilled for my buyers who were able to secure a wonderful home in the last few weeks! Not only were they able to get the home for well UNDER the asking price, they were able to negotiate a very healthy seller credit post-inspection. Also, we were able to negotiate to have the seller pay for a home warranty to enable peace of mind for my clients. Huge win!


This unique and beautifully updated home, lovingly refreshed throughout in 2025. Enjoy peace of mind with a new roof, windows, updated kitchen featuring a double sink and modern appliances, and stylishly updated baths.



The first floor offers a cozy primary bedroom with a convenient half bath just off the kitchen — or use this flexible space any way you need. Upstairs, you’ll find three adorable bedrooms and a charming full bath with tub, perfect for relaxing at the end of the day.

Pat Barmann
216.990.5719