The Rock Creek housing market is showing balanced conditions with stable prices and moderate inventory levels. Home prices have decreased 71.8% in the past month. With 4.0 months of supply, Rock Creek's inventory levels remain relatively tight. Homes are taking about 2 days to sell, which is 0 days longer than this time last year. Only 0.0% of listings saw price reductions, suggesting sellers are confident in their pricing. The majority of homes (100.0%) sold above asking price, a clear sign of competitive bidding. Affordability remains a significant challenge in the Rock Creek market with the affordability index at 1142.9. Based on current market indicators, home prices in Rock Creek are projected to increase by approximately 15.9% over the next month.
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