Inventory in Bryans Road has expanded in this rolling three-month view, with active listings up sharply from a year ago and sitting at 96 homes. Even with more options, homes sold jumped more than 60% year over year to 45, and pending sales are also higher than a year ago. New listings, however, are slightly below last year, which suggests much of the increased activity is coming from existing inventory turning over more quickly.
Pricing has been adjusting as buyers and sellers react to these shifts. The typical home value over the latest three months is about 417,000, down compared with a year earlier, while the median list price has inched up slightly year over year. That mix of slightly softer sale prices and modestly higher asking prices hints that sellers are still testing the market, but buyers have a bit more room to negotiate than they did at peak levels.
Tempo in the Bryans Road market has changed noticeably over the past year. The median days on market is 69 in the latest period, considerably higher than last year’s pace, even as the sale-to-list price ratio has ticked above 100%, and nearly one-third of homes are still selling above list. Months of supply has fallen year over year to 3.2, and the area is categorized as a seller’s market, showing that demand continues to meet or exceed available homes. Buyers and sellers who want to navigate these evolving dynamics can use Agent Pronto to connect with a local agent who understands this market.
