With only 0.6 months of inventory, Auburn remains a seller's market. Home prices have decreased 15.5% in the past month. At the current pace, all available homes in Auburn would sell out in just 0.6 months, indicating a continued supply shortage. Properties are selling within just 14 days on average, much faster than the historical norm of 31 days. A significant 60.0% of listings experienced price reductions, indicating sellers may be adjusting to market realities. Only 12.5% of properties sold above asking price, giving buyers more negotiating power. Affordability remains a significant challenge in the Auburn market with the affordability index at 169.6. Looking ahead, the Auburn market is expected to maintain its current trajectory with relatively stable conditions.