The present housing market in Ardmore is down with high active listings and low sales volume. Home prices have increased 55.4% in the past month alone. With 5 active listings, inventory is 67% higher than seasonal norms. Properties are selling within just 6 days on average, much faster than the historical norm of 47 days. Only 0.0% of properties sold above asking price, giving buyers more negotiating power. Affordability remains a significant challenge in the Ardmore market with the affordability index at 1687.1. Based on current market indicators, home prices in Ardmore are projected to decrease by approximately 3.5% over the next month.
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