Savona's real estate market is currently hot with low inventory and high demand. The median home price of $155,000 represents a substantial 167.2% increase from this time last year. At the current pace, all available homes in Savona would sell out in just 0.3 months, indicating a continued supply shortage. Properties are selling within just 58 days on average, much faster than the historical norm of 183 days. Only 0.0% of listings saw price reductions, suggesting sellers are confident in their pricing. Only 0.0% of properties sold above asking price, giving buyers more negotiating power. Affordability remains a significant challenge in the Savona market with the affordability index at 971.8. Looking ahead, the Savona market is expected to maintain its current trajectory with relatively stable conditions.
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