The present housing market in Horizon City is down with high active listings and low sales volume. The median home price has fallen to $218,000, a significant 14.5% decrease year-over-year. With 5.9 months of supply, Horizon City's inventory levels remain relatively tight. Homes are taking about 48 days to sell, which is -4 days longer than this time last year. Only 5.9% of listings saw price reductions, suggesting sellers are confident in their pricing. Approximately 26.1% of homes sold above list price, indicating some competitive segments within the market. Affordability remains a significant challenge in the Horizon City market with the affordability index at 73.4. Based on current market indicators, home prices in Horizon City are projected to decrease by approximately 4.7% over the next month.
Average Price:
N/A
Max Price:
N/A
Average Rating:
N/A
Location Average Score:
N/A
Number Of Hotels:
N/A