The housing market in West Winfield continues to see strong price appreciation, with values up 116.8% compared to last year. The median home price of $245,000 represents a substantial 116.8% increase from this time last year. With 4 active listings, inventory is 300% higher than seasonal norms. Properties are selling within just 2 days on average, much faster than the historical norm of 546 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 West Winfield market with the affordability index at 1503.1. Based on current market indicators, home prices in West Winfield are projected to decrease by approximately 11.3% over the next month.
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