Inventory in Shrub Oak is limited in this rolling three-month view, with only 5 active listings and 4 new listings coming to market. Homes sold have slowed to just 2 closings, down sharply from a year ago. Pending sales are also lower year over year, indicating a softer contract flow even as some new properties continue to appear.
Pricing has moved noticeably higher despite the cooler pace of sales. The typical home value over the latest three months is up more than 60 percent from a year earlier, while the median list price is also higher year over year, though down from early spring. At the same time, homes that do sell are moving faster, with median days on market cut by about 40 percent compared with last year, showing that well-priced properties still find buyers quickly.
Conditions have shifted from very tight to more balanced, as months of supply climbed from about 1 a year ago to 4.8, yet sellers still hold the advantage. Nearly all recent sales closed above asking, and the average sale-to-list ratio is above 105 percent, underscoring strong pricing power when deals happen. With fewer transactions but intense competition around the best listings, buyers and sellers in Shrub Oak can both benefit from Agent Pronto’s help connecting with an experienced local agent who knows how to navigate this nuanced market.
