Inventory in Two Rivers has expanded in this rolling three-month view, with active listings up more than 10 percent from a year ago. Buyer activity has accelerated even faster, as homes sold are up over 35 percent year over year and pending sales are more than 20 percent higher. New listings have also climbed nearly 30 percent compared with last year, helping to keep options available for shoppers even as more properties go under contract.
Prices are adjusting to these shifts in supply and demand. The typical home value is down slightly, falling a few percent compared with the same period last year, even as the median list price has risen modestly year over year.
Days on market have shortened compared with last year, now around a month and a half, and nearly half of homes go off the market within two weeks, showing that well-priced properties still move quickly. Months of supply sits a little above two months, aligning with the seller’s market designation and indicating limited overall inventory depth. At the same time, the share of homes selling above list price has dropped substantially from last year, and the average sale-to-list ratio hovers just under 100 percent, suggesting buyers have slightly more room to negotiate than before. In this evolving environment, Agent Pronto can connect both buyers and sellers with an agent who understands these trends and can help them navigate their next move.
