In Knollwood, the rolling three-month view shows a small pool of listings and modest sales activity. There are 9 active listings, with 6 new listings and 3 homes sold, while 8 properties have gone under contract. Months of supply is at 5.3, noticeably higher than a year ago, and points to more balance even though the market is still labeled a seller’s market.
Pricing has shifted upward over the past year. The typical home value is about $610,000, up slightly year over year, while the median list price has climbed much more strongly, rising nearly 28% compared to the same period last year.
Speed and negotiation patterns are also evolving. Homes are taking a median of 54 days to sell in this rolling three-month period, yet that is significantly faster than a year ago, and nearly 62% of homes are going under contract within two weeks. About one-third of recent sales closed above list price, and sellers are still receiving close to asking, with an average sale-to-list ratio just under 98%. With these shifting conditions, both buyers and sellers in Knollwood can benefit from Agent Pronto’s help connecting them with a skilled local agent who understands the latest trends.
