Beaux Arts Village's real estate market is experiencing a price correction, with values down 11.9% from last year. The median home price has fallen to $2,490,000, a significant 11.9% decrease year-over-year. At the current pace, all available homes in Beaux Arts Village would sell out in just 0.5 months, indicating a continued supply shortage. Properties are selling within just 2 days on average, much faster than the historical norm of 21 days. Only 0.0% of listings saw price reductions, suggesting sellers are confident in their pricing. Only 0.0% of properties sold above asking price, giving buyers more negotiating power. Affordability remains a significant challenge in the Beaux Arts Village market with the affordability index at 38604.7. Based on current market indicators, home prices in Beaux Arts Village are projected to increase by approximately 4.7% over the next month.