Inventory in New Prague is moderate in this rolling three-month view, with 66 active listings and 2.6 months of supply. Compared with a year ago, active listings are up slightly, while months of supply is down sharply, indicating tighter conditions. Contract activity is solid, with 35 pending sales and 32 homes sold over the period.
Pricing has been moving upward over the past year. The typical home value is about $370,000, up roughly 13% year over year in this rolling window, even as the median list price has slipped slightly from last year. Sellers are still achieving nearly full asking price, with the average sale-to-list ratio near 99.5%, and about 29% of homes closing above their list price.
Homes are taking longer to sell than they did a year ago, with the median days on market now around 25 days, though that is a bit quicker than just a few months ago. New listings have fallen nearly 19% year over year, which may be contributing to the lower months of supply despite the uptick in sales. Roughly one in three homes goes off the market within two weeks, showing that well-priced properties can still move quickly. In this kind of seller-leaning environment with nuanced pricing trends, both buyers and sellers can benefit from Agent Pronto’s help connecting with a New Prague agent who knows the numbers and the local dynamics.
