Leeds's real estate market is currently hot with low inventory and high demand. Home prices have decreased 10.4% in the past month. With 2.6 months of supply, Leeds's inventory levels remain relatively tight. Transaction volume is up 73% compared to what's typically expected this time of year. A significant 30.0% of listings experienced price reductions, indicating sellers may be adjusting to market realities. Approximately 21.1% 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 109.2. Looking ahead, the Leeds market is expected to maintain its current trajectory with relatively stable conditions.