With only 2.0 months of inventory, Honomu remains a seller's market. The median home price in Honomu currently stands at $559,000. With 2.0 months of supply, Honomu's inventory levels remain relatively tight. Homes are taking about 410 days to sell, which is 0 days longer than this time last year. Only 0.0% of listings saw price reductions, suggesting sellers are confident in their pricing. Only 0.0% of properties sold above asking price, giving buyers more negotiating power. Affordability remains a significant challenge in the Honomu market with the affordability index at 7355.3. Based on current market indicators, home prices in Honomu are projected to decrease by approximately 4.6% over the next month.
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