Ardmore's real estate market is experiencing a price correction, with values down 14.3% from last year. Home prices have increased 2.9% in the past month alone. With 4.0 months of supply, Ardmore's inventory levels remain relatively tight. Sales volume is down 86% compared to seasonal expectations. 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 1104.3. Based on current market indicators, home prices in Ardmore are projected to increase by approximately 8.3% over the next month.
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