The housing market in Summerdale continues to see strong price appreciation, with values up 47.8% compared to last year. Home prices have increased 117.7% in the past month alone. With 4.0 months of supply, Summerdale's inventory levels remain relatively tight. Properties are selling within just 51 days on average, much faster than the historical norm of 264 days. A significant 62.5% 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 Summerdale market with the affordability index at 1896.6. Based on current market indicators, home prices in Summerdale are projected to decrease by approximately 24.1% over the next month.