Year over year, Montauk’s rolling three-month data shows softer prices but growing inventory. Typical home values are down about one-third from last year, while months of supply has climbed more than 70 percent, reinforcing its current status as a buyer’s market.
In the latest rolling period through September 2026, the typical home value sits around $1.55 million with a median list price near $2.77 million, highlighting a meaningful gap between asking and achieved values. Homes now spend a median of 151 days on the market, yet the share of properties selling above list has increased compared with a year ago, indicating selective strong demand for well-positioned listings.
Listing activity has accelerated, with new listings more than doubling from a year earlier and active listings up nearly 50 percent over that time. Even with homes sold edging higher year over year, pending sales have slipped, and an average sale-to-list ratio below 90 percent underscores buyers’ leverage, so both buyers and sellers can benefit from Agent Pronto’s help in finding an agent who understands these dynamics.
