The present housing market in Calexico is down with high active listings and low sales volume. Home prices have increased 24.7% in the past month alone. With 8.0 months of supply, Calexico's inventory levels remain relatively tight. Properties are selling within just 21 days on average, much faster than the historical norm of 50 days. The majority of homes (66.7%) sold above asking price, a clear sign of competitive bidding. Affordability remains a significant challenge in the Calexico market with the affordability index at 102.9. Based on current market indicators, home prices in Calexico are projected to decrease by approximately 23.1% over the next month.
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