Inventory in South Boardman has stayed lean in the latest rolling three-month view, with just 6 active listings and 4 new listings coming to market. Both new listings and pending sales are down more than 30 percent compared with a year ago, signaling slower contract activity. Homes are taking longer to move, with the median days on market jumping to 44, up sharply year over year.
Prices have adjusted noticeably during this period. The typical home value over the last three months is down more than 65 percent compared with a year earlier, and the median list price has fallen by about 15 percent year over year. At the same time, the average sale-to-list ratio has slipped to around 90 percent, and no recent sales have closed above the list price, suggesting buyers have more room to negotiate than they did last year.
Supply conditions have shifted from very tight to more balanced, with months of supply rising to about 3.2, up dramatically from a year ago but still consistent with a seller-leaning environment. Despite this, the market gauge still classifies South Boardman as a seller’s market, reflecting limited inventory and modest sales volumes. With slower pace, softer prices, and changing leverage between both sides of the table, buyers and sellers in South Boardman can benefit from Agent Pronto’s help in connecting with a local agent who understands these evolving dynamics.
