The Leeds housing market is showing balanced conditions with stable prices and moderate inventory levels. Home prices have increased 7.6% in the past month alone. With 3.7 months of supply, Leeds's inventory levels remain relatively tight. Sales volume is down 40% compared to seasonal expectations. A significant 26.8% of listings experienced price reductions, indicating sellers may be adjusting to market realities. Approximately 20.0% of homes sold above list price, indicating some competitive segments within the market. Affordability remains a significant challenge in the Leeds market with the affordability index at 185.2. Based on current market indicators, home prices in Leeds are projected to decrease by approximately 10.0% over the next month.