Town Creek's real estate market is experiencing a price correction, with values down 17.2% from last year. Home prices have decreased 26.4% in the past month. With 3.0 months of supply, Town Creek's inventory levels remain relatively tight. Homes are taking about 136 days to sell, which is -18 days longer than this time last year. A significant 33.3% 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 Town Creek market with the affordability index at 1963.0. Based on current market indicators, home prices in Town Creek are projected to increase by approximately 17.1% over the next month.
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