Harvest's real estate market is experiencing a price correction, with values down 15.2% from last year. Home prices have decreased 18.9% in the past month. With 3.6 months of supply, Harvest's inventory levels remain relatively tight. Sales volume is down 54% compared to seasonal expectations. A significant 21.3% of listings experienced price reductions, indicating sellers may be adjusting to market realities. Approximately 15.4% of homes sold above list price, indicating some competitive segments within the market. Affordability remains a significant challenge in the Harvest market with the affordability index at 401.0. Based on current market indicators, home prices in Harvest are projected to increase by approximately 4.5% over the next month.
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