The housing market in Fife Lake continues to see strong price appreciation, with values up 290.9% compared to last year. Home prices have increased 152.9% in the past month alone. At the current pace, all available homes in Fife Lake would sell out in just 1.0 months, indicating a continued supply shortage. Properties are selling within just 30 days on average, much faster than the historical norm of 99 days. Only 0.0% of listings saw price reductions, suggesting sellers are confident in their pricing. Only 0.0% of properties sold above asking price, giving buyers more negotiating power. Affordability remains a significant challenge in the Fife Lake market with the affordability index at 3115.9. Market projections suggest continued price appreciation in the coming months as demand outpaces supply.
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