Homes in Hollins-Wildwood are moving at a more measured pace in the latest rolling three-month view, with a median of 23 days on market, up from just 10 days in the same period last year. This slowdown aligns with an increase in months of supply to 3.1, up sharply year over year, signaling more breathing room for shoppers. Compared with the wider Roanoke market, which also sits at 3.1 months of supply, Hollins-Wildwood is tracking similarly on overall balance between buyers and sellers.
Pricing has held firm even as the pace has eased. The typical home value over the past three months is about $239,884, up modestly from a year ago. At the same time, the share of homes selling above list price has fallen to around 4 percent, down significantly from last year’s much higher levels, and the average sale-to-list ratio has dipped slightly to about 97 percent.
Inventory and activity have both cooled compared with a year earlier, with active listings down nearly one fifth and homes sold off by more than 20 percent. New listings and pending sales have also declined year over year, indicating fewer owners putting properties on the market and fewer deals in the pipeline. Yet with 55 active listings, 28 recent sales, and 27 pending contracts, buyers still have options and sellers can still find motivated purchasers. Whether you are buying or selling in Hollins-Wildwood, Agent Pronto can connect you with a local real estate agent who understands these nuanced conditions.
