Inventory in Firthcliffe has expanded in the latest rolling three-month view, with active listings up slightly from a year ago and months of supply climbing about two-thirds to 3.7. Homes are taking much longer to sell, with the median days on market soaring compared with last June, now at 107 days. Even with slower pace, homes sold and new listings are both modestly higher than a year earlier, suggesting steady turnover rather than a standstill.
Pricing is adjusting to these looser conditions. The typical home value over the past three months is down roughly 9 percent year over year, and the median list price is only slightly higher than a year ago despite the softer demand picture. Sellers are also giving more ground at the negotiation table, as the average sale-to-list ratio has edged lower to about 96 percent and the share of homes selling above asking has fallen by roughly a quarter compared with last year.
Short-term shifts also matter in Firthcliffe’s recent data. From the prior three-month period, active listings and new listings both increased, while pending sales dropped more than 20 percent, pointing to more choices but fewer deals going under contract. Longer days on market and fewer bidding wars give buyers more leverage, yet limited months of supply still support sellers who price carefully. In this nuanced environment, both buyers and sellers can benefit from Agent Pronto connecting them with a local agent who understands these trends.
