Hillside currently leans toward sellers, but many indicators point to softer conditions underneath that label. Months of supply has surged to about 15.8 in this rolling three-month view, up sharply from roughly 1.5 a year earlier. Homes are also taking much longer to sell, with the median days on market climbing to about 222 days compared with around 56 days last June.
Prices have moved higher even as the pace has slowed. The typical home value over the latest three months is up strongly year over year, rising about 59 percent compared with the same period last year. At the same time, the share of homes selling above list has dropped to zero, and the average sale-to-list price ratio has fallen to roughly 83 percent, signaling buyers have more room to negotiate.
Listing activity and closed sales show how the Hillside market is shifting. Active listings have roughly doubled from a year ago while homes sold over the period are down by nearly half, and new listings are only slightly higher year over year. Pending sales have inched up compared with last year, but with more inventory and longer selling times, strategy matters for both sides of the transaction. Buyers can benefit from increased leverage and careful pricing analysis, while sellers need smart positioning and expectations, and Agent Pronto can help both buyers and sellers connect with a local agent who understands these dynamics.
