Dundee’s rolling three-month snapshot shows tight inventory but active contract flow. There are only 13 active listings and 1.3 months of supply, reinforcing its status as a seller’s market. Even with limited options, pending sales are up more than 20 percent year over year, and 11 homes went under contract in the latest period.
Pricing is adjusting from earlier highs while still holding substantial value. The typical home value over the rolling period is about $509,000, down roughly 16 percent from a year ago, and the median list price is also lower year over year. At the same time, sellers are still achieving, on average, just over 100 percent of list price, and about 29 percent of recent sales closed above asking.
Pace has slowed compared with prior years, yet homes are still moving for many sellers. The median days on market over this three-month window is 29 days, much longer than last year’s very fast pace but slightly quicker than just one month ago, and nearly half of homes still go off the market within two weeks. Buyers face fewer choices than a year ago, with new listings down more than 30 percent annually, so strategy around timing and pricing matters on both sides. Buyers and sellers in Dundee can benefit from Agent Pronto’s help in connecting with a local agent who understands these dynamics.
