The present housing market in Alpine is down with high active listings and low sales volume. Home prices have increased 4.0% in the past month alone. At the current sales pace, it would take over 15.0 months to sell all available homes in Alpine, indicating an oversupplied market. Sales volume is down 50% compared to seasonal expectations. Only 3.3% of listings saw price reductions, suggesting sellers are confident in their pricing. Only 0.0% of properties sold above asking price, giving buyers more negotiating power. Affordability remains a significant challenge in the Alpine market with the affordability index at 1195.8. Based on current market indicators, home prices in Alpine are projected to decrease by approximately 15.1% over the next month.