With only 0.8 months of inventory, Slater remains a seller's market. The median home price in Slater currently stands at $315,000. At the current pace, all available homes in Slater would sell out in just 0.8 months, indicating a continued supply shortage. Homes are taking about 15 days to sell, which is 0 days longer than this time last year. A significant 33.3% 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 Slater market with the affordability index at 1031.1. Looking ahead, the Slater market is expected to maintain its current trajectory with relatively stable conditions.
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