Mountain Brook's real estate market is experiencing a price correction, with values down 5.6% from last year. Home prices have increased 5.4% in the past month alone. At the current pace, all available homes in Mountain Brook would sell out in just 1.2 months, indicating a continued supply shortage. Homes are taking about 10 days to sell, which is -1 days longer than this time last year. The majority of homes (56.8%) sold above asking price, a clear sign of competitive bidding. Affordability remains a significant challenge in the Mountain Brook market with the affordability index at 323.7. Market projections suggest continued price appreciation in the coming months as demand outpaces supply.