The housing market in Skiatook continues to see strong price appreciation, with values up 19.0% compared to last year. Home prices have increased 38.1% in the past month alone. With 2.3 months of supply, Skiatook's inventory levels remain relatively tight. Homes are now taking an average of 41 days to sell, significantly longer than the 21 days typical for this market. A significant 25.9% 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 Skiatook market with the affordability index at 188.2. Based on current market indicators, home prices in Skiatook are projected to decrease by approximately 15.6% over the next month.