The housing market in Asharoken continues to see strong price appreciation, with values up 110.0% compared to last year. Home prices have increased 10.0% in the past month alone. With 4 active listings, inventory is 100% higher than seasonal norms. Homes are taking about 27 days to sell, which is -9 days longer than this time last year. Only 0.0% of listings saw price reductions, suggesting sellers are confident in their pricing. The majority of homes (100.0%) sold above asking price, a clear sign of competitive bidding. Affordability remains a significant challenge in the Asharoken market with the affordability index at 17926.8. Based on current market indicators, home prices in Asharoken are projected to decrease by approximately 11.7% over the next month.