Home prices are sticky to the upside, which is why homes can linger for months while prices stay firm. The mechanism: an owner who doesn't have to sell will list at the price they want, anchored to the highest recent comparable sale in the neighborhood, and then simply wait. They'd rather sit on the market than accept less than their neighbor got, because nothing is forcing their hand. The listing ages; the price doesn't move. The sellers who actually cut to whatever the market will bear are the genuinely motivated ones: a death in the family, a divorce, a job relocation. Everyone else holds the line. That's why slow sales don't automatically produce falling prices. Prices generally give way only when enough sellers are forced to transact at once, or when affordability improves enough to change the standoff. Absent one of those, you get exactly what you're describing: light volume and firm asking prices. We don't follow the Modesto and Turlock area's specific local drivers closely beyond the general Central Valley agriculture economy, so a market-expert agent there can tell you what's happening block by block. But the broad pattern you're seeing is what the sticky-price model predicts.