Sugarcreek's real estate market is experiencing a price correction, with values down 49.4% from last year. Home prices have decreased 5.2% in the past month. With 4 active listings, inventory is 300% higher than seasonal norms. Transaction volume is up 100% compared to what's typically expected this time of year. A significant 25.0% of listings experienced price reductions, indicating sellers may be adjusting to market realities. Only 0.0% of properties sold above asking price, giving buyers more negotiating power. Affordability remains a significant challenge in the Sugarcreek market with the affordability index at 556.2. Based on current market indicators, home prices in Sugarcreek are projected to decrease by approximately 5.5% over the next month.
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