Wellington is currently tilted toward sellers, with the market gauge signaling a seller’s market. Months of supply sit at a lean 1.6, indicating limited inventory relative to demand. With only 3 active listings in this rolling three-month view, buyers have relatively few options to choose from.
Looking at prices, the typical home value over the latest three months is about $180,900, down roughly 17% from a year ago. Median list prices, however, are slightly higher than last year, edging up about 3%, which suggests sellers are still aiming high even as closed sale prices ease. Homes are spending a median of 9 days on the market in this period, more than triple the time from a year earlier, showing that properties are not moving quite as frenetically as before. The share of homes selling above list has dropped to zero, and the average sale-to-list ratio is near 99%, pointing to buyers having a bit more room to negotiate.
Sales activity has cooled notably. Homes sold in this rolling three-month window are down around 59% year over year, and pending sales are off by about 66%, while inventory has been cut by more than half compared with last year. For both buyers and sellers who want to navigate these shifting conditions with confidence, Agent Pronto can connect them with a Wellington real estate agent who understands the local trends.
