Centerville currently leans toward sellers, with a low 1.4 months of supply and a seller’s market gauge reading. Homes are not sitting long, with a median of 24 days on market in this rolling three-month view. Tight inventory combined with steady demand is keeping conditions tilted in favor of those listing their homes.
Over the past year, home values have risen, with the typical home value up about 9 percent compared with the same period last year. Buyer activity has also strengthened, as homes sold in this rolling three-month window increased more than 20 percent year over year. At the same time, active listings and new listings are only up modestly, growing by roughly 5 percent, which helps explain why supply has tightened.
Pricing dynamics show both firm buyer demand and strong seller expectations. Nearly 35 percent of sales closed above list price over the last three months, an increase of about 12 percent from a year ago, and the average sale-to-list ratio is just under 100 percent. Even with slightly shorter market times than last year, buyers still need to move decisively, while sellers must price carefully to capture interest. Agent Pronto can connect both buyers and sellers with a knowledgeable Centerville agent who understands these trends and can guide them through each step of the process.
