Flanagan's real estate market is experiencing a price correction, with values down 24.8% from last year. Home prices have increased 12.7% in the past month alone. With 2.0 months of supply, Flanagan's inventory levels remain relatively tight. Properties are selling within just 6 days on average, much faster than the historical norm of 39 days. The majority of homes (100.0%) sold above asking price, a clear sign of competitive bidding. Affordability remains a significant challenge in the Flanagan market with the affordability index at 461.4. Market projections suggest continued price appreciation in the coming months as demand outpaces supply.