The housing market in Point Clear continues to see strong price appreciation, with values up 31.5% compared to last year. Home prices have decreased 19.5% in the past month. At the current sales pace, it would take over 17.0 months to sell all available homes in Point Clear, indicating an oversupplied market. Homes are now taking an average of 39 days to sell, significantly longer than the 13 days typical for this market. A significant 41.2% 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 Point Clear market with the affordability index at 5126.2. Current trends suggest further price adjustments may occur as the market continues to favor buyers.