The housing market in Abbeville continues to see strong price appreciation, with values up 32087.1% compared to last year. Home prices have increased 66.3% in the past month alone. With 4.0 months of supply, Abbeville's inventory levels remain relatively tight. Transaction volume is up 100% compared to what's typically expected this time of year. A significant 25.0% of listings experienced price reductions, indicating sellers may be adjusting to market realities. Only 0.0% of properties sold above asking price, giving buyers more negotiating power. Affordability remains a significant challenge in the Abbeville market with the affordability index at 658.6. Looking ahead, the Abbeville market is expected to maintain its current trajectory with relatively stable conditions.
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