Bristol's real estate market is experiencing a price correction, with values down 49.0% from last year. Home prices have decreased 53.0% in the past month. With 6 active listings, inventory is 200% higher than seasonal norms. Homes are now taking an average of 239 days to sell, significantly longer than the 40 days typical for this market. Only 0.0% of properties sold above asking price, giving buyers more negotiating power. Affordability remains a significant challenge in the Bristol market with the affordability index at 374.9. Current trends suggest further price adjustments may occur as the market continues to favor buyers.