Priceville's real estate market is currently hot with low inventory and high demand. Home prices have decreased 26.4% in the past month. At the current pace, all available homes in Priceville would sell out in just 0.8 months, indicating a continued supply shortage. Transaction volume is up 38% compared to what's typically expected this time of year. A significant 44.4% of listings experienced price reductions, indicating sellers may be adjusting to market realities. Approximately 18.2% of homes sold above list price, indicating some competitive segments within the market. Affordability remains a significant challenge in the Priceville market with the affordability index at 842.4. Based on current market indicators, home prices in Priceville are projected to increase by approximately 3.1% over the next month.
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