The housing market in Englewood continues to see strong price appreciation, with values up 31.9% compared to last year. Home prices have increased 211.7% in the past month alone. With 3.3 months of supply, Englewood's inventory levels remain relatively tight. Transaction volume is up 50% compared to what's typically expected this time of year. A significant 30.0% of listings experienced price reductions, indicating sellers may be adjusting to market realities. The majority of homes (66.7%) sold above asking price, a clear sign of competitive bidding. Affordability remains a significant challenge in the Englewood market with the affordability index at 468.3. Market projections suggest continued price appreciation in the coming months as demand outpaces supply.
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