Lakeland Village's real estate market is experiencing a price correction, with values down 17.0% from last year. Home prices have decreased 8.1% in the past month. With 30 active listings, inventory is 58% higher than seasonal norms. Transaction volume is up 150% compared to what's typically expected this time of year. Approximately 30.0% of homes sold above list price, indicating some competitive segments within the market. Affordability remains a significant challenge in the Lakeland Village market with the affordability index at 301.9. Based on current market indicators, home prices in Lakeland Village are projected to decrease by approximately 6.3% over the next month.