The housing market in Weaver continues to see strong price appreciation, with values up 22.6% compared to last year. The median home price of $215,000 represents a substantial 22.6% increase from this time last year. With 6.5 months of supply, Weaver's inventory levels remain relatively tight. Sales volume is down 50% compared to seasonal expectations. A significant 30.8% of listings experienced price reductions, indicating sellers may be adjusting to market realities. Approximately 50.0% of homes sold above list price, indicating some competitive segments within the market. Affordability remains a significant challenge in the Weaver market with the affordability index at 645.6. Based on current market indicators, home prices in Weaver are projected to decrease by approximately 4.1% over the next month.
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