With only 2.5 months of inventory, Eagle Point remains a seller's market. Home prices have increased 18.3% in the past month alone. With 2.5 months of supply, Eagle Point's inventory levels remain relatively tight. Homes are taking about 62 days to sell, which is -8 days longer than this time last year. Approximately 33.3% of homes sold above list price, indicating some competitive segments within the market. Affordability remains a significant challenge in the Eagle Point market with the affordability index at 1865.2. Market projections suggest continued price appreciation in the coming months as demand outpaces supply.
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