The housing market in Londonderry continues to see strong price appreciation, with values up 39.4% compared to last year. Home prices have decreased 4.4% in the past month. With 14 active listings, inventory is 75% higher than seasonal norms. Homes are now taking an average of 31 days to sell, significantly longer than the 8 days typical for this market. A significant 21.4% of listings experienced price reductions, indicating sellers may be adjusting to market realities. The majority of homes (57.1%) sold above asking price, a clear sign of competitive bidding. Affordability remains a significant challenge in the Londonderry market with the affordability index at 245.2. Looking ahead, the Londonderry market is expected to maintain its current trajectory with relatively stable conditions.