With only 2.0 months of inventory, Hopelawn remains a seller's market. Home prices have increased 5.2% in the past month alone. With 2.0 months of supply, Hopelawn's inventory levels remain relatively tight. Homes are taking about 87 days to sell, which is 0 days longer than this time last year. A significant 25.0% of listings experienced price reductions, indicating sellers may be adjusting to market realities. Approximately 50.0% of homes sold above list price, indicating some competitive segments within the market. Affordability remains a significant challenge in the Hopelawn market with the affordability index at 890.9. Based on current market indicators, home prices in Hopelawn are projected to decrease by approximately 17.1% over the next month.
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