Inventory in Little Silver is still tight in this rolling three-month view, with about 2.2 months of supply, more than double levels from a year ago but still favoring sellers. Active listings are roughly steady year over year, while homes sold are down sharply, pointing to fewer completed transactions. At the same time, pending sales have fallen compared with last year, though they have picked up recently from the prior three-month period, suggesting some renewed buyer activity.
Pricing has pushed higher even as sales volume has cooled. The typical home value over the latest rolling three months is up more than 13 percent from a year earlier, and the median list price has climbed by over 10 percent year over year, indicating that sellers are still testing higher price points and buyers are accepting them. Homes are taking longer to go under contract than they did a year ago, with median days on market more than doubling, yet more than half of recent sales still close above the list price and the average sale-to-list ratio sits over 105 percent.
Taken together, Little Silver shows a seller-leaning market where pricing power remains strong but buyers have a bit more time and slightly more options than last year. Anyone planning to navigate these shifting conditions can benefit from a knowledgeable local agent, and Agent Pronto can connect both buyers and sellers with someone who knows this market well.
