Inventory in Wheatland has tightened in the latest rolling three-month view. Active listings are down slightly from a year ago, and only about a month of supply is available, a sharp drop compared with last year. Fewer homes are closing, with sales over the past three months down more than 20 percent year over year, even as new listings are roughly flat.
Contract activity shows a mixed but generally brisk pace. Pending sales are up year over year, suggesting buyers are still writing offers even as closed sales lag, and homes are moving off the market much faster, with median days on market falling from well over a month last year to just about two weeks now.
Pricing has adjusted from last year’s highs, with the typical home value down double digits year over year, yet the median list price is higher than a year ago, reflecting sellers’ continued confidence. Most homes are selling very close to asking, with an average sale-to-list ratio just under 100 percent, and about one in three properties still closing above list price, even though that share is lower than last year. With more than half of homes going off the market within two weeks, conditions can feel fast-moving for both sides, and Agent Pronto can help both buyers and sellers connect with an agent who understands Wheatland’s current dynamics.
