Sloan's real estate market is currently hot with low inventory and high demand. Home prices have increased 83.7% in the past month alone. At the current pace, all available homes in Sloan would sell out in just 1.0 months, indicating a continued supply shortage. Properties are selling within just 16 days on average, much faster than the historical norm of 204 days. Only 0.0% of listings saw price reductions, suggesting sellers are confident in their pricing. Approximately 50.0% of homes sold above list price, indicating some competitive segments within the market. Affordability remains a significant challenge in the Sloan market with the affordability index at 995.1. Market projections suggest continued price appreciation in the coming months as demand outpaces supply.
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