Highland Terrace currently tilts toward sellers, with the market gauge at 30 indicating they still have an edge. Months of supply sits at 4.1, a bit higher than Oakland overall at 3 months, suggesting slightly more breathing room for buyers. Even so, an average sale-to-list ratio of 106.34 percent shows that many homes are still commanding prices above asking.
Looking at this rolling three-month view, prices have moved up notably compared with a year ago. The typical home value is nearly 30 percent higher year over year, even as the median list price is down more than 12 percent from last year, hinting that sellers may be pricing more cautiously while closed sales reflect strong demand. New listings have surged by over 50 percent year over year, and homes sold are up almost 19 percent, indicating more activity on both sides of the table.
Conditions have also sped up, with the median days on market dropping to 48 days, about one-third faster than a year earlier. At the same time, months of supply has risen by more than 50 percent year over year, so buyers have more options even as sellers still benefit from upward price pressure. Whether you are a buyer trying to navigate these mixed signals or a seller aiming to capture current demand, Agent Pronto can connect you with a local agent who understands Highland Terrace today.
