Wenonah currently leans toward a seller’s market, with the local gauge reading in sellers’ favor. Months of supply sit at 3.7 in the latest rolling three-month view, up from tighter conditions a year ago. A typical home value of about $612,000 reflects solid price strength.
This rolling three-month period shows typical home values up roughly 25% compared with a year earlier, while median list prices have risen more moderately. Inventory has expanded, with active listings more than doubling year over year and new listings up strongly, giving buyers more options than they had last year. Homes are taking longer to sell, with median days on market climbing to 43 days, an increase of about one-third from a year ago, which signals slightly less urgency than in past seasons.
Buyer and seller behavior has also shifted. The share of homes selling above list price has dropped to about one-third of sales, down notably from last year, and the average sale-to-list ratio has edged just below 100%, suggesting prices are closer to asking and bidding wars are less frequent. Even with these cooler signals, sales and pending contracts are still running higher than a year ago, indicating steady buyer interest. In a market where conditions favor sellers but offer improving choices for buyers, Agent Pronto can connect both sides with a local Wenonah agent who understands these trends and can guide each step with confidence.
