Homes in Old Everett are taking longer to sell in this rolling three-month view, with the median days on market at 33 days, far above where it was a year ago. Even with this slower pace, a little over 60% of homes are still going under contract within two weeks, showing that well-positioned listings can move quickly. The local market is still tilted toward sellers, reflected in just 1.9 months of supply. Compared with the broader Lansing market, Old Everett has tighter inventory, since Lansing stands at 2.7 months of supply.
Prices have softened compared with last year, with the typical home value down around 8% and the median list price also slightly lower year over year. Fewer homes are selling above asking than a year ago, and the share of sales over list price has dropped to about one-third of transactions. Even with these changes, sellers are still achieving prices very close to their asking amounts, with the average sale-to-list ratio just under 100%.
Activity levels have cooled over the past year, as homes sold, new listings, and pending sales are all down from last year’s rolling three-month period. Yet there has been a recent bump in new listings and active inventory compared with earlier this spring, which can provide buyers with more options. At the same time, Old Everett’s typical sale price now trails the broader Lansing market, where values have been more stable. In this kind of mixed but still seller-leaning environment, both buyers and sellers in Old Everett can benefit from Agent Pronto’s help in finding a local agent who understands these shifting trends.
