The housing market in Economy continues to see strong price appreciation, with values up 23.1% compared to last year. Home prices have decreased 16.7% in the past month. With 3.0 months of supply, Economy's inventory levels remain relatively tight. Homes are taking about 50 days to sell, which is 7 days longer than this time last year. Only 3.7% of listings saw price reductions, suggesting sellers are confident in their pricing. Approximately 33.3% of homes sold above list price, indicating some competitive segments within the market. Affordability remains a significant challenge in the Economy market with the affordability index at 162.9. Based on current market indicators, home prices in Economy are projected to decrease by approximately 3.4% over the next month.