Weston Lakes's real estate market is experiencing a price correction, with values down 24.1% from last year. Home prices have decreased 48.8% in the past month. With only 9 active listings, inventory is 61% lower than typical for this time of year. Sales volume is down 43% compared to seasonal expectations. 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 Weston Lakes market with the affordability index at 762.1. Based on current market indicators, home prices in Weston Lakes are projected to increase by approximately 6.1% over the next month.
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