Harveys Lake's real estate market is currently hot with low inventory and high demand. Home prices have increased 119.0% in the past month alone. With 2.3 months of supply, Harveys Lake's inventory levels remain relatively tight. Homes are now taking an average of 103 days to sell, significantly longer than the 28 days typical for this market. A significant 21.4% 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 Harveys Lake market with the affordability index at 605.3. Based on current market indicators, home prices in Harveys Lake are projected to decrease by approximately 18.1% over the next month.