Pebble Creek's real estate market is experiencing a price correction, with values down 17.0% from last year. Home prices have increased 54.0% in the past month alone. With 7.0 months of supply, Pebble Creek's inventory levels remain relatively tight. Homes are now taking an average of 135 days to sell, significantly longer than the 66 days typical for this market. A significant 46.4% 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 Pebble Creek market with the affordability index at 275.1. Based on current market indicators, home prices in Pebble Creek are projected to decrease by approximately 16.2% over the next month.
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