Inventory in Montreat is tight in this rolling three-month view, with just 6 active listings and only 1.2 months of supply. Homes sold have increased dramatically compared with a year ago, with closed sales up more than fourfold and pending sales roughly doubling. New listings are also higher than last year, yet low overall, which keeps options limited for buyers.
Contract activity has shifted alongside a notable change in time on market. Typical homes are now spending about 54 days on the market, which is far quicker than a year ago, signaling that serious buyers are still moving when they see the right property.
Pricing shows a mix of higher values over the year and some recent softening. The typical home value over the period is about $850,000, up moderately year over year, while the median list price has climbed sharply compared with last year. At the same time, list prices have edged down slightly month to month, and the average sale-to-list ratio sits just under 97 percent, with about one in five homes selling above list. These patterns point to a clear seller’s edge but also give buyers a bit more negotiating room than in the past. Whether you are a buyer trying to compete in this low-inventory environment or a seller aiming to price correctly, Agent Pronto can connect you with a Montreat agent who knows how to navigate these conditions.
