The housing market in Four Corners continues to see strong price appreciation, with values up 12.6% compared to last year. Home prices have increased 19.6% in the past month alone. With 2.2 months of supply, Four Corners's inventory levels remain relatively tight. Homes are now taking an average of 37 days to sell, significantly longer than the 8 days typical for this market. Only 0.0% of properties sold above asking price, giving buyers more negotiating power. Affordability remains a significant challenge in the Four Corners market with the affordability index at 222.4. Based on current market indicators, home prices in Four Corners are projected to decrease by approximately 5.6% over the next month.
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