The housing market in Argo continues to see strong price appreciation, with values up 17.5% compared to last year. Home prices have increased 43.2% in the past month alone. With 5.0 months of supply, Argo's inventory levels remain relatively tight. Homes are now taking an average of 136 days to sell, significantly longer than the 30 days typical for this market. Only 0.0% of properties sold above asking price, giving buyers more negotiating power. Affordability remains a significant challenge in the Argo market with the affordability index at 827.8. Based on current market indicators, home prices in Argo are projected to increase by approximately 8.3% over the next month.
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