The housing market in North Haledon continues to see strong price appreciation, with values up 24.4% compared to last year. Home prices have decreased 10.8% in the past month. With 11 active listings, inventory is 83% higher than seasonal norms. Homes are now taking an average of 91 days to sell, significantly longer than the 36 days typical for this market. Only 9.1% of listings saw price reductions, suggesting sellers are confident in their pricing. Approximately 25.0% of homes sold above list price, indicating some competitive segments within the market. Affordability remains a significant challenge in the North Haledon market with the affordability index at 404.2. Based on current market indicators, home prices in North Haledon are projected to decrease by approximately 3.7% over the next month.
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