Northwest Harbor's real estate market is experiencing a price correction, with values down 24.0% from last year. Home prices have increased 4.2% in the past month alone. With 3.9 months of supply, Northwest Harbor's inventory levels remain relatively tight. Properties are selling within just 37 days on average, much faster than the historical norm of 109 days. Only 0.0% of listings saw price reductions, suggesting sellers are confident in their pricing. Only 12.5% of properties sold above asking price, giving buyers more negotiating power. Affordability remains a significant challenge in the Northwest Harbor market with the affordability index at 1712.9. Market projections suggest continued price appreciation in the coming months as demand outpaces supply.