Orangetown home values have climbed over the past year, with the typical home value rising about 5% in this rolling three-month window. Median list prices are up roughly 7% year over year, signaling sellers are testing higher price points. Homes sold also increased by about 17% compared with the same period a year ago, showing stronger buyer activity.
Current conditions reflect a still-firm seller’s market, with a market gauge reading in seller territory and months of supply at 3.4. Roughly 55% of recent sales closed above list price, and the average sale-to-list ratio sits just above 102%, indicating buyers are often bidding slightly over asking.
Inventory has expanded, giving buyers more options, as active listings are up about 15% year over year and new listings have grown around 13%. Even with more homes available, properties are spending a median of 29 days on the market in this rolling three-month view, longer than last year but still relatively brisk for many buyers’ timelines. Pending sales are also higher than a year ago, suggesting a steady flow of deals moving toward closing. With shifting prices, rising inventory, and sustained competition, both buyers and sellers in Orangetown can benefit from Agent Pronto’s help in finding an agent who understands these local dynamics.
