The housing market in Loxley continues to see strong price appreciation, with values up 36.0% compared to last year. Home prices have increased 41.1% in the past month alone. With 4.5 months of supply, Loxley's inventory levels remain relatively tight. Homes are taking about 82 days to sell, which is 9 days longer than this time last year. Only 8.3% of properties sold above asking price, giving buyers more negotiating power. Affordability remains a significant challenge in the Loxley market with the affordability index at 1235.3. Based on current market indicators, home prices in Loxley are projected to increase by approximately 11.7% over the next month.
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