The housing market in Valley continues to see strong price appreciation, with values up 54.6% compared to last year. Home prices have increased 36.4% in the past month alone. With 4.3 months of supply, Valley's inventory levels remain relatively tight. Homes are now taking an average of 105 days to sell, significantly longer than the 31 days typical for this market. Approximately 42.9% of homes sold above list price, indicating some competitive segments within the market. Affordability remains a significant challenge in the Valley market with the affordability index at 193.3. Based on current market indicators, home prices in Valley are projected to decrease by approximately 19.0% over the next month.