Inventory in Edneyville has expanded in this rolling three-month view, with active listings up more than 70% year over year. New listings have surged even faster, rising about 191% from a year ago and bringing more options to the market. At the same time, pending sales have climbed sharply, up more than 370% year over year, indicating that more homes are going under contract despite the higher inventory.
Pricing is adjusting to these changing conditions. The typical home value over the latest three months is down roughly 24% compared with a year earlier, while the median list price has fallen nearly 30% year over year. Even with those declines, sellers are still achieving close to asking price, with the average sale-to-list ratio just under 100%, suggesting buyers and sellers are finding common ground on value.
Supply levels have shifted notably, with months of supply jumping to about 19.9, more than ten times higher than a year ago and signaling a much looser environment than the seller’s market label might suggest. Homes are moving more quickly, though, as median days on market dropped to about 45 days in this period, down significantly from earlier in the year. With more inventory, softer prices, and faster contract times, both buyers and sellers in Edneyville can benefit from having an Agent Pronto–recommended real estate agent to navigate their next move.
