Gower's real estate market is experiencing a price correction, with values down 14.1% from last year. Home prices have decreased 8.5% in the past month. At the current pace, all available homes in Gower would sell out in just 0.7 months, indicating a continued supply shortage. Homes are now taking an average of 36 days to sell, significantly longer than the 10 days typical for this market. A significant 75.0% of listings experienced price reductions, indicating sellers may be adjusting to market realities. Only 0.0% of properties sold above asking price, giving buyers more negotiating power. Affordability remains a significant challenge in the Gower market with the affordability index at 907.4. Based on current market indicators, home prices in Gower are projected to decrease by approximately 14.1% over the next month.