With only 1.0 months of inventory, Beacon remains a seller's market. The median home price in Beacon currently stands at $225,000. At the current pace, all available homes in Beacon would sell out in just 1.0 months, indicating a continued supply shortage. Homes are taking about 26 days to sell, which is 0 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 Beacon market with the affordability index at 2017.9. Based on current market indicators, home prices in Beacon are projected to decrease by approximately 19.1% over the next month.
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