Harmony currently leans toward sellers, with the market gauge indicating a seller's market. Months of supply sit at 3.2 in this rolling three-month view, pointing to limited inventory. With only 6 active listings and 3 homes sold, buyers are working with a relatively small pool of options.
Over the past year, the number of active listings has surged, rising more than fivefold, which gives buyers a bit more to choose from than before. Even with that increase, new listings in the latest three-month period are up about two-thirds year over year, showing more owners are putting homes on the market. Typical home values in this rolling window are down compared with last year, while the median list price is up nearly 10 percent, suggesting sellers are aiming higher even as closed prices soften.
Demand still appears strong, as roughly two-thirds of recent sales closed above list price and the average sale-to-list ratio has climbed to more than 110 percent. Homes are also moving faster, with median days on market dropping sharply over the past year to about a month, which reinforces the advantage for well-priced listings. In this kind of mixed but still seller-tilted environment, both buyers and sellers can benefit from an Agent Pronto–recommended real estate agent who understands Harmony’s latest trends.
