With only 0.8 months of inventory, Fridley remains a seller's market. Home prices have decreased 3.1% in the past month. At the current pace, all available homes in Fridley would sell out in just 0.8 months, indicating a continued supply shortage. Homes are taking about 23 days to sell, which is -13 days longer than this time last year. A significant 23.8% of listings experienced price reductions, indicating sellers may be adjusting to market realities. Approximately 37.0% of homes sold above list price, indicating some competitive segments within the market. Affordability remains a significant challenge in the Fridley market with the affordability index at 58.5. Based on current market indicators, home prices in Fridley are projected to decrease by approximately 5.0% over the next month.