The housing market in Citronelle continues to see strong price appreciation, with values up 12.0% compared to last year. Home prices have increased 47.0% in the past month alone. With 2.4 months of supply, Citronelle's inventory levels remain relatively tight. Homes are taking about 26 days to sell, which is 3 days longer than this time last year. A significant 50.0% of listings experienced price reductions, indicating sellers may be adjusting to market realities. Approximately 20.0% of homes sold above list price, indicating some competitive segments within the market. Affordability remains a significant challenge in the Citronelle market with the affordability index at 443.2. Looking ahead, the Citronelle market is expected to maintain its current trajectory with relatively stable conditions.
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