Inventory in Palermo has expanded in this rolling three-month view, with active listings up strongly from a year ago and months of supply doubling to 2.4. Buyer activity is also more robust, as homes sold and pending sales have both surged compared with the same period last year. New listings have grown even faster, indicating more homeowners are testing the market.
Pricing has moved up sharply alongside this higher level of activity. The typical home value over the latest three months is about 53 percent higher than a year ago, while the median list price is up nearly 25 percent year over year.
Homes are still moving quickly, with a median of just 6 days on market in the latest period and about two-thirds going off the market within two weeks. Even with more choices for buyers, 75 percent of recent sales closed above the asking price, and the average sale-to-list ratio remains above 107 percent, underscoring strong seller leverage. At the same time, the rising number of listings and longer-term increase in supply give buyers a bit more room to compare options than in prior years. Whether you are a buyer navigating these fast-moving conditions or a seller aiming to price correctly in a rising market, Agent Pronto can connect you with a Palermo agent who understands these trends.
