Mickleton's real estate market is experiencing a price correction, with values down 36.2% from last year. Home prices have decreased 15.3% in the past month. At the current pace, all available homes in Mickleton would sell out in just 0.5 months, indicating a continued supply shortage. Transaction volume is up 100% compared to what's typically expected this time of year. A significant 100.0% 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 Mickleton market with the affordability index at 938.5. Looking ahead, the Mickleton market is expected to maintain its current trajectory with relatively stable conditions.
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