The housing market in Bromley continues to see strong price appreciation, with values up 108.8% compared to last year. The median home price of $300,000 represents a substantial 108.8% increase from this time last year. With 3.0 months of supply, Bromley's inventory levels remain relatively tight. Properties are selling within just 11 days on average, much faster than the historical norm of 29 days. 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 Bromley market with the affordability index at 1562.5. Based on current market indicators, home prices in Bromley are projected to decrease by approximately 26.6% over the next month.