Lisbon's real estate market is experiencing a price correction, with values down 74.5% from last year. The median home price has fallen to $78,000, a significant 74.5% decrease year-over-year. With 6.0 months of supply, Lisbon's inventory levels remain relatively tight. Homes are now taking an average of 128 days to sell, significantly longer than the 43 days typical for this market. Only 0.0% of properties sold above asking price, giving buyers more negotiating power. Affordability remains a significant challenge in the Lisbon market with the affordability index at 678.3. Based on current market indicators, home prices in Lisbon are projected to increase by approximately 28.1% over the next month.
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