With only 2.0 months of inventory, Tuscaloosa remains a seller's market. Home prices have decreased 10.6% in the past month. With 2.0 months of supply, Tuscaloosa's inventory levels remain relatively tight. Homes are now taking an average of 30 days to sell, significantly longer than the 18 days typical for this market. Only 4.3% of listings saw price reductions, suggesting sellers are confident in their pricing. Only 8.3% of properties sold above asking price, giving buyers more negotiating power. Affordability remains a significant challenge in the Tuscaloosa market with the affordability index at 21.7. Based on current market indicators, home prices in Tuscaloosa are projected to increase by approximately 34.4% over the next month.
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