With only 2.1 months of inventory, Watauga remains a seller's market. Home prices have increased 3.2% in the past month alone. With 2.1 months of supply, Watauga's inventory levels remain relatively tight. Homes are taking about 52 days to sell, which is -6 days longer than this time last year. A significant 39.2% of listings experienced price reductions, indicating sellers may be adjusting to market realities. Approximately 20.8% of homes sold above list price, indicating some competitive segments within the market. Affordability remains a significant challenge in the Watauga market with the affordability index at 73.6. Market projections suggest continued price appreciation in the coming months as demand outpaces supply.
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