The housing market in Village of Grosse Pointe Shores continues to see strong price appreciation, with values up 24.3% compared to last year. Home prices have decreased 3.7% in the past month. With only 3 active listings, inventory is 73% lower than typical for this time of year. Properties are selling within just 11 days on average, much faster than the historical norm of 43 days. Only 0.0% of listings saw price reductions, suggesting sellers are confident in their pricing. Only 0.0% of properties sold above asking price, giving buyers more negotiating power. Affordability remains a significant challenge in the Village of Grosse Pointe Shores market with the affordability index at 1226.1. Looking ahead, the Village of Grosse Pointe Shores market is expected to maintain its current trajectory with relatively stable conditions.