Nocatee's real estate market is experiencing a price correction, with values down 19.1% from last year. Home prices have decreased 5.5% in the past month. With 3.3 months of supply, Nocatee's inventory levels remain relatively tight. Homes are taking about 110 days to sell, which is 28 days longer than this time last year. Only 11.8% of properties sold above asking price, giving buyers more negotiating power. Affordability remains a significant challenge in the Nocatee market with the affordability index at 237.9. Looking ahead, the Nocatee market is expected to maintain its current trajectory with relatively stable conditions.