Pantops currently leans toward a seller’s market, with the market gauge reading 19 out of 100. Inventory is still relatively tight at 2.4 months of supply in the latest rolling three-month period. Homes typically spend a median of 17 days on the market, showing that well-priced properties are still moving at a reasonable pace.
Looking at prices, the typical home value over this rolling three-month window is about $457,700, down a bit from a year ago. Sellers are receiving an average of 98.8 percent of their list price, and about 17 percent of homes are closing above asking, which points to solid but not overheated demand. Compared with a year earlier, active listings have climbed more than 50 percent while homes sold are up over 17 percent, giving buyers more options even as sales activity strengthens.
New and pending listings have grown sharply year over year, with new listings nearly doubling and pending sales up more than 60 percent, indicating more owners are entering the market and more buyers are committing. At the same time, the share of homes going off the market within two weeks sits around 24 percent, showing that a meaningful portion of listings still draw quick attention. With these mixed signals of rising inventory, steady prices, and faster sales for desirable homes, both buyers and sellers can benefit from having an Agent Pronto–recommended real estate agent to navigate their next move in Pantops.
