With only 2.4 months of inventory, Hartselle remains a seller's market. Home prices have increased 20.0% in the past month alone. With 2.4 months of supply, Hartselle's inventory levels remain relatively tight. Homes are now taking an average of 120 days to sell, significantly longer than the 38 days typical for this market. A significant 41.0% of listings experienced price reductions, indicating sellers may be adjusting to market realities. Approximately 16.0% of homes sold above list price, indicating some competitive segments within the market. Affordability remains a significant challenge in the Hartselle market with the affordability index at 161.8. Based on current market indicators, home prices in Hartselle are projected to decrease by approximately 3.8% over the next month.
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