The housing market in River Oaks continues to see strong price appreciation, with values up 33.5% compared to last year. Home prices have decreased 20.8% in the past month. With 2.9 months of supply, River Oaks's inventory levels remain relatively tight. Homes are now taking an average of 99 days to sell, significantly longer than the 51 days typical for this market. A significant 40.0% of listings experienced price reductions, indicating sellers may be adjusting to market realities. Approximately 28.6% of homes sold above list price, indicating some competitive segments within the market. Affordability remains a significant challenge in the River Oaks market with the affordability index at 216.7. Based on current market indicators, home prices in River Oaks are projected to decrease by approximately 4.6% over the next month.