With only 1.7 months of inventory, Durand remains a seller's market. Home prices have increased 38.9% in the past month alone. At the current pace, all available homes in Durand would sell out in just 1.7 months, indicating a continued supply shortage. Homes are taking about 6 days to sell, which is 0 days longer than this time last year. A significant 33.3% of listings experienced price reductions, indicating sellers may be adjusting to market realities. The majority of homes (57.1%) sold above asking price, a clear sign of competitive bidding. Affordability remains a significant challenge in the Durand market with the affordability index at 256.3. Based on current market indicators, home prices in Durand are projected to decrease by approximately 8.8% over the next month.