Fircrest's real estate market is currently hot with low inventory and high demand. Home prices have increased 7.8% in the past month alone. At the current pace, all available homes in Fircrest would sell out in just 1.0 months, indicating a continued supply shortage. Homes are now taking an average of 37 days to sell, significantly longer than the 11 days typical for this market. A significant 40.0% of listings experienced price reductions, indicating sellers may be adjusting to market realities. The majority of homes (60.0%) sold above asking price, a clear sign of competitive bidding. Affordability remains a significant challenge in the Fircrest market with the affordability index at 459.1. Based on current market indicators, home prices in Fircrest are projected to decrease by approximately 3.9% over the next month.
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