The Pecan Hill housing market is showing balanced conditions with stable prices and moderate inventory levels. Home prices have decreased 12.1% in the past month. With 3.0 months of supply, Pecan Hill's inventory levels remain relatively tight. Homes are taking about 109 days to sell, which is 0 days longer than this time last year. A significant 33.3% 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 Pecan Hill market with the affordability index at 4563.1. Looking ahead, the Pecan Hill market is expected to maintain its current trajectory with relatively stable conditions.
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