The Cotter housing market is showing balanced conditions with stable prices and moderate inventory levels. Home prices have increased 60.0% in the past month alone. With 4.0 months of supply, Cotter's inventory levels remain relatively tight. Homes are taking about 308 days to sell, which is 0 days longer than this time last year. Only 0.0% of listings saw price reductions, suggesting sellers are confident in their pricing. The majority of homes (100.0%) sold above asking price, a clear sign of competitive bidding. Affordability remains a significant challenge in the Cotter market with the affordability index at 769.2. Looking ahead, the Cotter market is expected to maintain its current trajectory with relatively stable conditions.
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