Valley Head's real estate market is experiencing a price correction, with values down 70.0% from last year. Home prices have decreased 60.0% in the past month. With 4.0 months of supply, Valley Head's inventory levels remain relatively tight. Homes are now taking an average of 178 days to sell, significantly longer than the 71 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 Valley Head market with the affordability index at 617.0. Based on current market indicators, home prices in Valley Head are projected to increase by approximately 10.6% over the next month.