Inventory in Twin Lakes has expanded notably in this rolling three-month view, with active listings up more than 70 percent year over year and months of supply rising to 4.8 from just 1.1 a year ago. Even with more choices, contract activity has cooled, as homes sold are down about one-third and pending sales have fallen more than 50 percent compared with last year. Buyers now have more time and leverage than they did in recent peak periods, yet properties are still moving quickly when they are well positioned.
Prices are adjusting to these shifting conditions. The typical home value is down nearly 18 percent from a year ago, while the median list price is only slightly lower than last year, suggesting sellers are still testing higher price points and then meeting the market as negotiations unfold. At the same time, the share of homes selling above list has dropped to zero in the latest period, and the average sale-to-list price ratio is hovering around 100 percent, indicating that final sale prices are lining up very closely with asking prices.
Speed in the Twin Lakes market tells a nuanced story. Median days on market have fallen sharply over the past year, from around 11 days to just 4, even as supply has grown and sales volumes have eased. This combination of faster sales, more inventory, and lower prices points to motivated sellers and selective buyers who are taking their time to find the right fit. Whether you are buying or selling, Agent Pronto can connect you with a Twin Lakes agent who understands these dynamics and can guide you through your next move.
