Dellwood is currently tilted toward sellers, with the market gauge reading in seller’s market territory. Inventory has risen to 8 active listings and about 6.4 months of supply in this rolling three-month view. Even with that higher supply, homes are moving quickly, spending a median of just 4 days on the market.
Prices have pulled back compared with a year ago, with the typical home value down sharply year over year and the median list price also lower than last year. At the same time, demand is still evident, as homes sold have more than doubled from a year earlier while pending sales are up over 20 percent. More owners are testing the market, with new listings rising slightly year over year, giving buyers a bit more selection than before.
Seller leverage shows up in how homes are selling rather than in headline prices. About half of recent sales closed above their list price, and the average sale-to-list ratio sits just above 101 percent, suggesting buyers are often bidding at or over asking for desirable properties. A large share of homes goes under contract within two weeks, reinforcing how quickly serious buyers must act in this environment. Whether you are a buyer trying to compete effectively or a seller aiming to position your home correctly, Agent Pronto can connect you with an agent who understands these Dellwood trends.
