Columbiaville's real estate market is experiencing a price correction, with values down 50.4% from last year. Home prices have decreased 31.8% in the past month. At the current pace, all available homes in Columbiaville would sell out in just 1.0 months, indicating a continued supply shortage. Properties are selling within just 21 days on average, much faster than the historical norm of 130 days. A significant 100.0% of listings experienced price reductions, indicating sellers may be adjusting to market realities. Approximately 50.0% of homes sold above list price, indicating some competitive segments within the market. Affordability remains a significant challenge in the Columbiaville market with the affordability index at 851.9. Based on current market indicators, home prices in Columbiaville are projected to increase by approximately 8.3% over the next month.
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