The housing market in Johns Creek continues to see strong price appreciation, with values up 15.0% compared to last year. Home prices have decreased 5.0% in the past month. With 103 active listings, inventory is 72% higher than seasonal norms. Homes are now taking an average of 48 days to sell, significantly longer than the 28 days typical for this market. A significant 24.3% of listings experienced price reductions, indicating sellers may be adjusting to market realities. Approximately 16.4% of homes sold above list price, indicating some competitive segments within the market. Affordability remains a significant challenge in the Johns Creek market with the affordability index at 48.7. Based on current market indicators, home prices in Johns Creek are projected to decrease by approximately 3.1% over the next month.
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