Moxee's real estate market is experiencing a price correction, with values down 15.8% from last year. Home prices have decreased 14.8% in the past month. With 6 active listings, inventory is 200% higher than seasonal norms. Homes are now taking an average of 74 days to sell, significantly longer than the 39 days typical for this market. Only 0.0% of properties sold above asking price, giving buyers more negotiating power. Affordability remains a significant challenge in the Moxee market with the affordability index at 707.1. Looking ahead, the Moxee market is expected to maintain its current trajectory with relatively stable conditions.
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