The housing market in Cedar Glen Lakes continues to see strong price appreciation, with values up 40.8% compared to last year. Home prices have decreased 24.9% in the past month. With 11 active listings, inventory is 450% higher than seasonal norms. Homes are now taking an average of 87 days to sell, significantly longer than the 29 days typical for this market. Only 0.0% of listings saw price reductions, suggesting sellers are confident in their pricing. Only 0.0% of properties sold above asking price, giving buyers more negotiating power. Affordability remains a significant challenge in the Cedar Glen Lakes market with the affordability index at 263.5. Based on current market indicators, home prices in Cedar Glen Lakes are projected to decrease by approximately 15.2% over the next month.