Clawson's real estate market is experiencing a price correction, with values down 10.5% from last year. Home prices have decreased 10.5% in the past month. At the current pace, all available homes in Clawson would sell out in just 1.3 months, indicating a continued supply shortage. Sales volume is down 58% compared to seasonal expectations. A significant 30.0% of listings experienced price reductions, indicating sellers may be adjusting to market realities. The majority of homes (62.5%) sold above asking price, a clear sign of competitive bidding. Affordability remains a significant challenge in the Clawson market with the affordability index at 92.2. Based on current market indicators, home prices in Clawson are projected to decrease by approximately 8.0% over the next month.