Inventory in Tigerton is relatively limited, with a rolling three-month view showing just 4 active listings. New listings are up sharply year over year, rising more than 50 percent, and pending sales have roughly doubled over the same period. Months of supply has expanded to about 6.4 months, up substantially from a year ago, signaling that buyers have more options than they did previously.
Contract and closing activity has cooled compared with last year. Only 1 home sold in the latest three-month window, down about half from a year earlier, and the market gauge still classifies conditions as a seller’s market despite that slower pace. Homes are taking a bit longer to sell, with median days on market at 42 days, roughly a one-week increase from last year.
Pricing is reacting in different ways across asking and selling sides. The typical home value is up more than 16 percent year over year, while the median list price has surged much faster, nearly tripling compared with the same period last year. Sellers are having to price realistically to get deals done, as the average sale-to-list ratio has slipped to about 97.8 percent and no recent sales have closed above list price. With these shifting dynamics, both buyers and sellers can benefit from Agent Pronto’s help in finding an experienced local agent to guide their decisions.
