The housing market in Frederickson continues to see strong price appreciation, with values up 11.4% compared to last year. Home prices have increased 3.3% in the past month alone. At the current pace, all available homes in Frederickson would sell out in just 1.8 months, indicating a continued supply shortage. Transaction volume is up 33% compared to what's typically expected this time of year. A significant 23.8% of listings experienced price reductions, indicating sellers may be adjusting to market realities. Approximately 41.7% of homes sold above list price, indicating some competitive segments within the market. Affordability remains a significant challenge in the Frederickson market with the affordability index at 153.6. Market projections suggest continued price appreciation in the coming months as demand outpaces supply.