The Botkins housing market is showing balanced conditions with stable prices and moderate inventory levels. Home prices have increased 277.5% in the past month alone. With 3.0 months of supply, Botkins's inventory levels remain relatively tight. Homes are taking about 42 days to sell, which is 0 days longer than this time last year. A significant 33.3% of listings experienced price reductions, indicating sellers may be adjusting to market realities. The majority of homes (100.0%) sold above asking price, a clear sign of competitive bidding. Affordability remains a significant challenge in the Botkins market with the affordability index at 1324.6. Based on current market indicators, home prices in Botkins are projected to decrease by approximately 16.7% over the next month.
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