Westover's real estate market is currently hot with low inventory and high demand. Home prices have decreased 23.3% in the past month. With 2.8 months of supply, Westover's inventory levels remain relatively tight. Transaction volume is up 150% compared to what's typically expected this time of year. A significant 28.6% of listings experienced price reductions, indicating sellers may be adjusting to market realities. Only 0.0% of properties sold above asking price, giving buyers more negotiating power. Affordability remains a significant challenge in the Westover market with the affordability index at 1477.0. Based on current market indicators, home prices in Westover are projected to decrease by approximately 10.0% over the next month.
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