Liberty City's real estate market is experiencing a price correction, with values down 48.3% from last year. Home prices have decreased 3.2% in the past month. With 11 active listings, inventory is 120% higher than seasonal norms. Transaction volume is up 200% compared to what's typically expected this time of year. Only 0.0% of properties sold above asking price, giving buyers more negotiating power. Affordability remains a significant challenge in the Liberty City market with the affordability index at 662.9. Based on current market indicators, home prices in Liberty City are projected to increase by approximately 5.0% over the next month.
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