The housing market in Weatherly continues to see strong price appreciation, with values up 33.8% compared to last year. Home prices have decreased 13.6% in the past month. With 2.5 months of supply, Weatherly's inventory levels remain relatively tight. Homes are now taking an average of 1616 days to sell, significantly longer than the 83 days typical for this market. 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 Weatherly market with the affordability index at 349.6. Based on current market indicators, home prices in Weatherly are projected to increase by approximately 5.2% over the next month.
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