Year-over-year, Lake Mohawk’s rolling three-month data shows prices edging higher while listing trends shift. The typical home value is up about 5% compared with last year, and the median list price has climbed nearly 14%. At the same time, homes are spending far less time on the market than a year ago, signaling stronger buyer engagement than last September.
Recent activity highlights that balance between rising demand and more options for shoppers. Active listings are up roughly 17% year over year, yet homes sold over the same rolling period have surged by more than 200%, and pending sales are up nearly 68%. With months of supply at 3.4 and a market gauge pointing to a seller’s market, inventory is limited enough to support sellers but not so tight that buyers lack choices.
Current pricing and pace tell a more nuanced story for negotiations. The average sale-to-list ratio sits just above 96%, and only about 7% of recent sales closed above the asking price, suggesting many sellers are adjusting to realistic market values. A median of 37 days on market, with more than a quarter of homes going off-market within two weeks, means well-priced homes can still move quickly. Whether buyers want to interpret these trends or sellers hope to time their listing well, Agent Pronto can connect both with a Lake Mohawk agent who knows this data inside and out.
