East Brewton's real estate market is experiencing a price correction, with values down 41.0% from last year. Home prices have increased 2.2% in the past month alone. With only 3 active listings, inventory is 63% lower than typical for this time of year. Homes are now taking an average of 52 days to sell, significantly longer than the 30 days typical for this market. A significant 100.0% of listings experienced price reductions, indicating sellers may be adjusting to market realities. Only 0.0% of properties sold above asking price, giving buyers more negotiating power. Affordability remains a significant challenge in the East Brewton market with the affordability index at 124.0. Looking ahead, the East Brewton market is expected to maintain its current trajectory with relatively stable conditions.
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