White Oak's real estate market is currently hot with low inventory and high demand. Home prices have increased 28.7% in the past month alone. At the current pace, all available homes in White Oak would sell out in just 1.6 months, indicating a continued supply shortage. Transaction volume is up 43% compared to what's typically expected this time of year. A significant 31.3% of listings experienced price reductions, indicating sellers may be adjusting to market realities. Approximately 30.0% of homes sold above list price, indicating some competitive segments within the market. Affordability remains a significant challenge in the White Oak market with the affordability index at 91.5. Based on current market indicators, home prices in White Oak are projected to decrease by approximately 6.4% over the next month.
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