The housing market in Louise continues to see strong price appreciation, with values up 348.3% compared to last year. The median home price of $650,000 represents a substantial 348.3% increase from this time last year. With 10 active listings, inventory is 100% higher than seasonal norms. Homes are taking about 365 days to sell, which is 0 days longer than this time last year. Only 0.0% of properties sold above asking price, giving buyers more negotiating power. Affordability remains a significant challenge in the Louise market with the affordability index at 3975.5. Based on current market indicators, home prices in Louise are projected to decrease by approximately 11.2% over the next month.
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