The Taylor housing market is showing balanced conditions with stable prices and moderate inventory levels. Home prices have increased 64.5% in the past month alone. With 4.0 months of supply, Taylor's inventory levels remain relatively tight. Properties are selling within just 5 days on average, much faster than the historical norm of 64 days. A significant 100.0% 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 Taylor market with the affordability index at 594.9. Based on current market indicators, home prices in Taylor are projected to increase by approximately 12.4% over the next month.
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