The housing market in Moreland Hills continues to see strong price appreciation, with values up 72.8% compared to last year. The median home price of $872,500 represents a substantial 72.8% increase from this time last year. With only 4 active listings, inventory is 76% lower than typical for this time of year. Properties are selling within just 21 days on average, much faster than the historical norm of 84 days. A significant 25.0% 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 Moreland Hills market with the affordability index at 1225.4. Based on current market indicators, home prices in Moreland Hills are projected to decrease by approximately 14.5% over the next month.