Fountainhead-Orchard Hills is currently tilted toward sellers, with the local gauge reading a seller’s market. Inventory sits at 57 active listings and about 3.1 months of supply, which signals conditions still favor sellers overall. Homes are taking longer to sell, with a median of 84 days on the market in this rolling three-month view.
Home prices have softened compared with a year ago, even as asking prices have climbed. The typical sale price over the latest three-month period is down about 19 percent year over year, while the median list price is up roughly 36 percent over the same time, suggesting a wider gap between what sellers hope to get and what buyers are paying.
Sales activity shows more buyers are closing on homes than last year, even amid these pricing dynamics. The number of homes sold is up about 46 percent year over year, and pending sales are also higher, while the share of homes selling above list price has edged up to around 17 percent. At the same time, most properties are selling for just under asking, with an average sale-to-list ratio near 98 percent, so pricing strategy matters. With conditions shifting and data pointing in different directions for prices and demand, both buyers and sellers can benefit from Agent Pronto’s help in finding an agent who understands the Fountainhead-Orchard Hills market.
