The housing market in Catasauqua continues to see strong price appreciation, with values up 23.5% compared to last year. Home prices have increased 11.5% in the past month alone. With 13 active listings, inventory is 160% higher than seasonal norms. Homes are now taking an average of 37 days to sell, significantly longer than the 14 days typical for this market. A significant 61.5% of listings experienced price reductions, indicating sellers may be adjusting to market realities. The majority of homes (57.1%) sold above asking price, a clear sign of competitive bidding. Affordability remains a significant challenge in the Catasauqua market with the affordability index at 208.1. Looking ahead, the Catasauqua market is expected to maintain its current trajectory with relatively stable conditions.
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