Ashley currently leans toward sellers, with the market gauge at 24 on the seller’s side. Months of supply sit at 3.2 in this rolling three-month view, which is still relatively tight for buyers. Homes are taking longer to sell, with a median of 48 days on the market.
Prices have moved up sharply over the past year. The typical home value is about $284,900, up more than 30 percent year over year in this rolling three-month period, while the median list price has risen even faster, climbing nearly 84 percent. Activity has also increased, with homes sold up around 28 percent compared with a year ago, and active listings higher by roughly 21 percent.
Even with higher prices and more inventory, competition has not disappeared. Just over 40 percent of recent sales closed above the list price, and the average sale-to-list ratio is essentially 100 percent, indicating sellers are still getting what they ask. New listings are only slightly above last year, so fresh options are appearing but not flooding the market. With these shifting conditions, both buyers and sellers in Ashley can benefit from Agent Pronto’s help in finding an agent who understands the local trends and can guide them through their next move.
