Garrett Park currently leans toward sellers, with the market gauge indicating a seller’s market. Months of supply sits around 3.2, suggesting inventory is limited but not extremely tight. Buyers still have some options, yet sellers hold a modest advantage in negotiations.
Looking at prices over the latest rolling three-month period through August 2026, the typical home value is about $1.15 million, up a few percent from a year earlier. Median list prices, however, are down sharply year over year, indicating that sellers may be adjusting expectations to align with buyer demand. Pending sales have surged more than triple compared with last year, even as the number of homes sold has changed only slightly, which points to growing activity moving through the pipeline.
Inventory trends help explain this balance. Active listings have roughly doubled versus a year ago, while months of supply has also increased compared with last year, easing some of the pressure on buyers. Homes are taking longer to sell, with median days on market up year over year, and none of the recent sales closed above list price, even though the average sale-to-list ratio is essentially at 100 percent. With these mixed signals around pricing and pace, both buyers and sellers in Garrett Park can benefit from Agent Pronto’s help in finding the right real estate agent to navigate the local market.
