Inventory in Philipsburg is building while sales have slowed in this rolling three-month view through September 2026. Active listings are up slightly year over year, yet homes sold are down sharply over the same period and pending sales have also pulled back compared with last year. Months of supply has more than tripled year over year to 7.2 months, indicating buyers have far more options than they did a year ago even though the market gauge still points to a seller’s market overall.
Prices have been moving higher despite this extra inventory. The typical home value is up nearly 15% year over year, while the median list price has climbed more than 25%, showing that sellers are testing higher price points and many buyers are still willing to meet them. Half of recent sales closed above the list price in this rolling period, and the average sale-to-list ratio has nudged upward to just under 99%, signaling limited discounting even as conditions ease for buyers.
Speed of sale is moderating compared with past years, with homes taking a median of 29 days to go under contract in the latest three-month window, up from single-digit days on market at times over the past couple of years. At the same time, more than half of listings still go off the market within two weeks, so desirable homes can move quickly. With inventory, pricing, and timing all pulling the market in different directions, Agent Pronto can connect both buyers and sellers with an agent who understands how to navigate Philipsburg’s current dynamics.
