Beacon Square currently leans toward sellers, with the market gauge reading 25 out of 100. Inventory has expanded to about 8.9 months of supply in this rolling three-month view, which is much higher than a year ago. Homes are also taking longer to sell, with the median days on market up to 62.
Prices have eased compared to last year, with the typical home value down more than 15 percent year over year. At the same time, new listings have surged over 40 percent from a year ago, and active listings are modestly higher. Despite more choices, only about 4 percent of recent sales closed above the list price, and the average sale-to-list ratio is just over 95 percent.
Buyer activity shows some resilience, with pending sales running nearly 24 percent higher year over year even as closed sales are down about 12 percent. This mix of softer prices, longer marketing times, and increased supply gives buyers more room to negotiate while still leaving opportunities for sellers who price strategically. Whether you are a buyer trying to sort through growing options or a seller aiming to stand out in a changing market, Agent Pronto can connect you with a Beacon Square agent who understands these trends and can guide your next move.
