Port Byron's real estate market is currently hot with low inventory and high demand. Home prices have decreased 10.7% in the past month. At the current pace, all available homes in Port Byron would sell out in just 1.0 months, indicating a continued supply shortage. Homes are now taking an average of 39 days to sell, significantly longer than the 20 days typical for this market. A significant 33.3% of listings experienced price reductions, indicating sellers may be adjusting to market realities. Approximately 33.3% of homes sold above list price, indicating some competitive segments within the market. Affordability remains a significant challenge in the Port Byron market with the affordability index at 928.2. Based on current market indicators, home prices in Port Byron are projected to decrease by approximately 12.7% over the next month.
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