Hagaman is currently tipped toward sellers, with the market gauge showing a strong seller’s market. Inventory is tight, with just 1.6 months of supply and only 4 active listings in this rolling three-month view. Even with limited choices, the typical home value is slightly lower than a year ago, down a bit over 2 percent.
Looking more closely at pricing and activity, sellers have gained ground on asking prices while buyers are seeing more balance in outcomes. Median list prices are up just over 20 percent year over year, yet the average sale-to-list ratio has edged down to about 99 percent, and the share of homes selling above list has dropped roughly 30 percent from last year. Homes are taking much longer to sell than a year ago, with median days on market jumping to about three weeks from a much shorter timeframe, suggesting buyers have a bit more time to decide.
Sales and new listings both show modest year-over-year declines, but pending sales are up more than 50 percent, pointing to steady buyer interest despite the slower pace. With only 4 homes sold in this rolling three-month period, each transaction can have an outsized effect on local statistics, making on-the-ground expertise especially important. Agent Pronto can connect buyers who want to navigate these shifts and sellers who hope to capitalize on low inventory with a Hagaman agent who knows this market well.
