Market Overview
The Siena real estate market saw a mix of stability and momentum this March.
- 6 homes sold, with an average sales price of $442,000, the highest monthly average we’ve seen in several months.
- Homes are moving faster, with an average of 39 days on market—down from 92 days in February.
- Price per square foot came in at $175, which is lower than last month, but this may reflect the specific homes that closed rather than a downward trend.
- Active listings ticked up slightly to 27, while pending listings rose to 12, showing stronger buyer activity heading into spring.
- Homes currently listed are averaging 78 days on market, with an average list price per square foot of $186.32.
Key Takeaways & Trends
✅ Sales prices are climbing – This month’s $442K average is a jump from $395K in February and $380K in January.
✅ Buyers are making quicker decisions – Homes are selling faster, suggesting growing demand.
✅ Inventory remains steady – With 27 active listings, the pace is healthy but not overwhelming.
✅ Spring activity is picking up – More homes under contract and faster closings signal a market on the move.
Looking Ahead
Siena is entering the spring season with solid momentum. Buyers are clearly getting more active, and sellers who are priced well should benefit from quicker sales and strong interest. If you’re thinking about listing soon, this could be a great window to take advantage of rising prices and motivated buyers.
If you’re thinking about selling, now is the time to prepare. With fewer homes on the market and buyers still making offers, a well-priced and well-marketed home could attract strong interest.
Stay tuned for next month’s update, and feel free to reach out with any questions about the Siena market!
Kyle Pfaffe | Realtor® | 512-636-9707
