The housing market in New Hope continues to see strong price appreciation, with values up 13.6% compared to last year. Home prices have increased 95.2% in the past month alone. With 19 active listings, inventory is 58% higher than seasonal norms. Transaction volume is up 100% compared to what's typically expected this time of year. A significant 26.3% of listings experienced price reductions, indicating sellers may be adjusting to market realities. Only 0.0% of properties sold above asking price, giving buyers more negotiating power. Affordability remains a significant challenge in the New Hope market with the affordability index at 635.5. Based on current market indicators, home prices in New Hope are projected to decrease by approximately 8.7% over the next month.