The present housing market in Waterford is down with high active listings and low sales volume. Home prices have increased 10.7% in the past month alone. With 6.0 months of supply, Waterford's inventory levels remain relatively tight. Homes are now taking an average of 29 days to sell, significantly longer than the 5 days typical for this market. Only 8.3% 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 Waterford market with the affordability index at 365.1. Based on current market indicators, home prices in Waterford are projected to decrease by approximately 13.8% over the next month.