With only 0.6 months of inventory, Shrewsbury remains a seller's market. Home prices have increased 6.0% in the past month alone. At the current pace, all available homes in Shrewsbury would sell out in just 0.6 months, indicating a continued supply shortage. Homes are taking about 25 days to sell, which is NaN days longer than this time last year. A significant 80.0% of listings experienced price reductions, indicating sellers may be adjusting to market realities. Approximately 25.0% of homes sold above list price, indicating some competitive segments within the market. Affordability remains a significant challenge in the Shrewsbury market with the affordability index at 198.3. Based on current market indicators, home prices in Shrewsbury are projected to decrease by approximately 4.2% over the next month.