With only 1.8 months of inventory, Polo remains a seller's market. Home prices have increased 11.3% in the past month alone. At the current pace, all available homes in Polo would sell out in just 1.8 months, indicating a continued supply shortage. Homes are taking about 23 days to sell, which is 0 days longer than this time last year. Approximately 25.0% of homes sold above list price, indicating some competitive segments within the market. Affordability remains a significant challenge in the Polo market with the affordability index at 301.8. Based on current market indicators, home prices in Polo are projected to decrease by approximately 19.1% over the next month.
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