Malvern's real estate market is experiencing a price correction, with values down 27.7% from last year. Home prices have increased 136.9% in the past month alone. At the current pace, all available homes in Malvern would sell out in just 1.0 months, indicating a continued supply shortage. Homes are taking about 37 days to sell, which is -29 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 Malvern market with the affordability index at 494.4. Market projections suggest continued price appreciation in the coming months as demand outpaces supply.