Saks's real estate market is experiencing a price correction, with values down 20.9% from last year. Home prices have decreased 16.4% in the past month. With 2.8 months of supply, Saks's inventory levels remain relatively tight. Sales volume is down 41% compared to seasonal expectations. A significant 53.6% of listings experienced price reductions, indicating sellers may be adjusting to market realities. Approximately 30.0% of homes sold above list price, indicating some competitive segments within the market. Affordability remains a significant challenge in the Saks market with the affordability index at 110.2. Based on current market indicators, home prices in Saks are projected to increase by approximately 16.1% over the next month.