The housing market in Catoosa continues to see strong price appreciation, with values up 63.9% compared to last year. Home prices have decreased 4.9% in the past month. With 2.2 months of supply, Catoosa's inventory levels remain relatively tight. Properties are selling within just 10 days on average, much faster than the historical norm of 49 days. A significant 38.5% of listings experienced price reductions, indicating sellers may be adjusting to market realities. Approximately 33.3% of homes sold above list price, indicating some competitive segments within the market. Affordability remains a significant challenge in the Catoosa market with the affordability index at 118.6. Based on current market indicators, home prices in Catoosa are projected to increase by approximately 13.9% over the next month.
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