Coldwater's real estate market is experiencing a price correction, with values down 9.2% from last year. Home prices have increased 11.7% in the past month alone. At the current pace, all available homes in Coldwater would sell out in just 1.0 months, indicating a continued supply shortage. Homes are now taking an average of 48 days to sell, significantly longer than the 23 days typical for this market. Only 0.0% of listings saw price reductions, suggesting sellers are confident in their pricing. Approximately 33.3% of homes sold above list price, indicating some competitive segments within the market. Affordability remains a significant challenge in the Coldwater market with the affordability index at 259.2. Based on current market indicators, home prices in Coldwater are projected to decrease by approximately 3.4% over the next month.
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