Inventory in Olive Hill has tightened in this rolling three-month view, with active listings down about 30 percent from a year ago and new listings falling by a similar share. Even with fewer homes coming on the market, pending sales are up more than 15 percent year over year, suggesting steady buyer interest. Homes sold have inched slightly higher compared with last year, even though the total number remains small.
Pricing has shifted notably over the past year. The typical home value is down more than a third year over year, while the median list price has climbed about 30 percent, indicating a wider gap between what recent sellers are asking and what buyers have been paying. Sellers are still achieving strong outcomes relative to their list price, with the average sale-to-list ratio near 98 percent and no recent sales closing above list.
Time on market has moved in different directions over longer and shorter horizons. Compared with a year ago, the median days on market has dropped from roughly four months to about two and a half, but it has lengthened considerably since early summer. Months of supply has fallen sharply from around nine months a year ago to just over three months now, consistent with the current seller’s market reading. Buyers and sellers who want to understand these cross-currents can turn to Agent Pronto to connect with an agent who knows how to navigate Olive Hill’s conditions for both sides.
