The housing market in Calera continues to see strong price appreciation, with values up 13.1% compared to last year. Home prices have increased 12.8% in the past month alone. With 4.8 months of supply, Calera's inventory levels remain relatively tight. Homes are taking about 67 days to sell, which is -13 days longer than this time last year. A significant 24.1% of listings experienced price reductions, indicating sellers may be adjusting to market realities. Approximately 23.5% of homes sold above list price, indicating some competitive segments within the market. Affordability remains a significant challenge in the Calera market with the affordability index at 164.0. Based on current market indicators, home prices in Calera are projected to decrease by approximately 24.7% over the next month.