Recent rolling three-month data for Glenview-Pinegrove shows some sharp short-term shifts, with the typical home value rising month over month while listing prices pulled back. The typical home value climbed about 14 percent from the prior period, yet the median list price dropped nearly 47 percent, suggesting sellers are adjusting asking prices even as closed values move higher. Active listings edged up compared with the previous period, while new listings dipped and homes sold held steady at a low level.
Looking back a year, the typical home value in Glenview-Pinegrove is up dramatically, with an increase of nearly 65 percent. In contrast, the median list price is down substantially year over year, and homes sold have fallen by more than half. Months of supply has surged more than 170 percent over the past year, reinforcing the current buyer’s market reading.
Homes are taking longer to sell, with the median days on market up about 23 percent from a year ago to 79 days in this rolling three-month view. The average sale-to-list ratio has improved to just under 100 percent and is up almost 10 percent year over year, even though none of the recent sales closed above list price. Compared with Tallahassee overall, Glenview-Pinegrove has slightly more months of supply, adding to buyers’ leverage. Whether you are trying to time a purchase or price a sale in these shifting conditions, Agent Pronto can connect both buyers and sellers with a local agent who understands this neighborhood’s trends.
