The housing market in Germantown continues to see strong price appreciation, with values up 15.6% compared to last year. Home prices have increased 12.3% in the past month alone. With 4.0 months of supply, Germantown's inventory levels remain relatively tight. Homes are now taking an average of 34 days to sell, significantly longer than the 3 days typical for this market. A significant 31.3% of listings experienced price reductions, indicating sellers may be adjusting to market realities. Approximately 50.0% of homes sold above list price, indicating some competitive segments within the market. Affordability remains a significant challenge in the Germantown market with the affordability index at 207.5. Based on current market indicators, home prices in Germantown are projected to increase by approximately 3.6% over the next month.