The housing market in Bryn Mawr continues to see strong price appreciation, with values up 20.7% compared to last year. Home prices have increased 96.4% in the past month alone. With 2.0 months of supply, Bryn Mawr's inventory levels remain relatively tight. Homes are now taking an average of 57 days to sell, significantly longer than the 20 days typical for this market. Only 0.0% of listings saw price reductions, suggesting sellers are confident in their pricing. Approximately 40.0% of homes sold above list price, indicating some competitive segments within the market. Affordability remains a significant challenge in the Bryn Mawr market with the affordability index at 969.0. Based on current market indicators, home prices in Bryn Mawr are projected to decrease by approximately 26.1% over the next month.
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