Lake Koshkonong's real estate market is currently hot with low inventory and high demand. Home prices have decreased 10.3% in the past month. With 2.0 months of supply, Lake Koshkonong's inventory levels remain relatively tight. Properties are selling within just 80 days on average, much faster than the historical norm of 273 days. A significant 50.0% of listings experienced price reductions, indicating sellers may be adjusting to market realities. Only 0.0% of properties sold above asking price, giving buyers more negotiating power. Affordability remains a significant challenge in the Lake Koshkonong market with the affordability index at 2093.3. Based on current market indicators, home prices in Lake Koshkonong are projected to decrease by approximately 7.8% over the next month.
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