With 6.4 months of inventory, Trussville is currently in a buyer's market. Home prices have increased 3.7% in the past month alone. With 192 active listings, inventory is 59% higher than seasonal norms. Homes are taking about 71 days to sell, which is -20 days longer than this time last year. Approximately 36.7% of homes sold above list price, indicating some competitive segments within the market. Affordability remains a significant challenge in the Trussville market with the affordability index at 157.5. Based on current market indicators, home prices in Trussville are projected to decrease by approximately 28.4% over the next month.
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