Inventory in Deposit has grown in this rolling three-month view, with active listings up sharply from a year ago while new listings have barely increased. Months of supply has expanded significantly year over year, now sitting close to double-digit months and signaling slower turnover. Even with more choices, closed sales over the period are down compared with last year, and pending sales are only slightly higher.
Pricing has moved differently than sales volume. The typical home value over the latest three months is up more than 30 percent compared with a year ago, while the median list price has risen even faster, jumping by around 80 percent year over year. At the same time, the average sale-to-list ratio has declined compared with last year, showing that buyers are negotiating more relative to asking prices.
Market pace has shifted as well, with median days on market stretching dramatically higher than a year ago, now around 81 days in this rolling window. Fewer homes are selling above list price than last year, even though roughly half still close over asking, which underscores the importance of smart pricing and negotiation. With more inventory, slower sales, and rapidly changing prices, buyers and sellers in Deposit can both benefit from an experienced local agent, and Agent Pronto can help them find the right one.
