Lone Tree's real estate market is currently hot with low inventory and high demand. The median home price has fallen to $157,750, a significant 15.2% decrease year-over-year. At the current pace, all available homes in Lone Tree would sell out in just 1.5 months, indicating a continued supply shortage. Transaction volume is up 100% compared to what's typically expected this time of year. Only 0.0% of listings saw price reductions, suggesting sellers are confident in their pricing. Approximately 50.0% of homes sold above list price, indicating some competitive segments within the market. Affordability remains a significant challenge in the Lone Tree market with the affordability index at 590.8. Looking ahead, the Lone Tree market is expected to maintain its current trajectory with relatively stable conditions.
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