The housing market in Bristol continues to see strong price appreciation, with values up 37.3% compared to last year. Home prices have decreased 19.1% in the past month. At the current pace, all available homes in Bristol would sell out in just 1.7 months, indicating a continued supply shortage. Transaction volume is up 50% compared to what's typically expected this time of year. Only 0.0% of listings saw price reductions, suggesting sellers are confident in their pricing. Approximately 33.3% of homes sold above list price, indicating some competitive segments within the market. Affordability remains a significant challenge in the Bristol market with the affordability index at 990.1. Based on current market indicators, home prices in Bristol are projected to decrease by approximately 8.1% over the next month.