The housing market in Skidaway Island continues to see strong price appreciation, with values up 10.1% compared to last year. Home prices have decreased 10.1% in the past month. With 2.4 months of supply, Skidaway Island's inventory levels remain relatively tight. Transaction volume is up 85% compared to what's typically expected this time of year. A significant 21.1% of listings experienced price reductions, indicating sellers may be adjusting to market realities. Only 4.2% of properties sold above asking price, giving buyers more negotiating power. Affordability remains a significant challenge in the Skidaway Island market with the affordability index at 394.0. Based on current market indicators, home prices in Skidaway Island are projected to decrease by approximately 5.8% over the next month.