In Gans, this rolling three-month view shows a small but more active market than a year ago. Active listings have climbed to four, more than triple last year’s level, and new listings are up sharply as well. Pending sales have also roughly doubled year over year, indicating that more homes are moving into contract even with the added inventory.
Pricing is adjusting amid this increased activity. The typical home value over the period is about $41,980, up nearly 5 percent from a year earlier, while the median list price has been mostly flat year over year despite a recent month-to-month jump. Homes are moving faster than last year, with the median days on market at 12, about half the level from a year ago, suggesting buyers are acting more quickly when they see something they like.
Several indicators show some negotiation room and a market that still leans toward sellers. Months of supply sits around 3.2, consistent with a seller’s market, but the average sale-to-list ratio is about 76 percent and no recent sales closed above list price, so buyers may have leverage on final terms. With such a small number of sales, every listing has an outsized impact on the data, making local expertise especially important, and Agent Pronto can connect both buyers and sellers with an agent who understands these trends on the ground.
