Lyncourt's real estate market is experiencing a price correction, with values down 11.5% from last year. Home prices have decreased 10.3% in the past month. At the current pace, all available homes in Lyncourt would sell out in just 0.8 months, indicating a continued supply shortage. Homes are now taking an average of 18 days to sell, significantly longer than the 7 days typical for this market. A significant 33.3% of listings experienced price reductions, indicating sellers may be adjusting to market realities. Approximately 50.0% of homes sold above list price, indicating some competitive segments within the market. Affordability remains a significant challenge in the Lyncourt market with the affordability index at 186.0. Based on current market indicators, home prices in Lyncourt are projected to decrease by approximately 7.5% over the next month.