Twin Lake's real estate market is currently hot with low inventory and high demand. Home prices have increased 34.8% in the past month alone. With only 2 active listings, inventory is 75% lower than typical for this time of year. Homes are now taking an average of 84 days to sell, significantly longer than the 23 days typical for this market. A significant 50.0% 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 Twin Lake market with the affordability index at 1322.6. Based on current market indicators, home prices in Twin Lake are projected to decrease by approximately 14.5% over the next month.