With only 2.5 months of inventory, Kelleys Island remains a seller's market. Home prices have increased 54.7% in the past month alone. With 2.5 months of supply, Kelleys Island's inventory levels remain relatively tight. Homes are taking about 77 days to sell, which is 0 days longer than this time last year. Only 0.0% of properties sold above asking price, giving buyers more negotiating power. Affordability remains a significant challenge in the Kelleys Island market with the affordability index at 7195.6. Based on current market indicators, home prices in Kelleys Island are projected to decrease by approximately 16.0% over the next month.
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