Holt's real estate market is experiencing a price correction, with values down 50.0% from last year. The median home price has fallen to $35,000, a significant 50.0% decrease year-over-year. With 2.7 months of supply, Holt's inventory levels remain relatively tight. Properties are selling within just 4 days on average, much faster than the historical norm of 10 days. A significant 37.5% of listings experienced price reductions, indicating sellers may be adjusting to market realities. Approximately 33.3% of homes sold above list price, indicating some competitive segments within the market. Affordability remains a significant challenge in the Holt market with the affordability index at 61.8. Based on current market indicators, home prices in Holt are projected to increase by approximately 10.0% over the next month.
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