Inventory in Hilldale has been tight in the latest rolling three-month view, with just 5 active listings and 4 new listings coming to market. Even with limited supply, contract activity has been steady, as 4 homes went under contract and 4 closed. Months of supply sits at 0.8, which lines up with its classification as a strong seller’s market.
Pricing has inched upward over the past year, with the typical home value up about 5 percent and the median list price rising more than 10 percent year over year. Homes are also selling very close to asking, as the average sale-to-list ratio is a bit above 100 percent and roughly a quarter of sales are closing above the list price.
Conditions have sped up dramatically compared with last year, with the median days on market dropping to just 6 days in this rolling three-month period. At the same time, the number of homes sold over the period is down from a year ago, suggesting that limited options rather than low demand may be holding back sales counts. With quick-moving listings, rising prices, and low supply shaping decisions on both sides of the table, buyers and sellers in Hilldale can benefit from Agent Pronto’s help in finding an experienced local real estate agent.
