Pemberton Heights is currently tilted toward sellers, with the market gauge at 20 indicating a seller’s market. Homes are spending a median of 31 days on the market in this rolling three-month view. Supply is relatively limited at about 2 months of inventory, which helps support prices.
Prices have pushed higher over the past year, with the typical home value up about 14 percent and the median list price rising nearly 21 percent year over year. Even with this upward pressure, the average sale-to-list ratio sits just above 100 percent, and about 38 percent of recent sales closed above asking, showing that buyers are still willing to pay close to list when they find the right home.
Sales activity tells a story of tighter inventory and fewer completed deals compared with last year. Homes sold over the rolling three-month period are down by about 26 percent year over year, while pending sales have fallen roughly 36 percent, even as new listings edged up around 11 percent. Months of supply nearly doubled from a year ago, yet conditions still favor sellers given low overall inventory. With these crosscurrents in prices, speed, and sales volume, both buyers and sellers can benefit from an Agent Pronto–recommended real estate professional who understands the Pemberton Heights market and can guide their next move.
