Inventory in Central has tightened slightly in this rolling three-month view, with about 219 active listings and 3.2 months of supply. New listings are down notably from a year ago, and pending sales are also lower year over year. Even with fewer homes coming on the market, closed sales in the latest period are only modestly below last year’s level.
Home values have edged up over the past year, with the typical home value now a bit higher than last June. List prices are also slightly above year-ago levels, while the average sale-to-list ratio has inched up to just under 99 percent, signaling limited discounting. A rising share of homes, now about 17 percent, is selling above list price compared with last year, showing that well-priced homes can still attract strong offers.
Pace of sale has shifted, with median days on market near seven weeks in this rolling three-month period, up from much shorter times seen in some past years. However, months of supply is down compared with last year, which lines up with the seller-leaning market gauge. In this environment of fewer new listings, firm pricing, and selective buyer competition, local expertise can make a real difference. Agent Pronto can connect buyers with agents who understand how to compete effectively and help sellers find agents skilled at pricing and marketing homes in Central.
