Despite being in a seller's market, in general, prices have continued to decline in many areas, indicating that the market may not have reached its bottom yet. Real estate markets are influenced by various factors, making precise predictions challenging. If the sales trend persists and inventory levels stabilize or decrease, prices may level off and start to climb due to increased demand and limited supply. However, it's important to monitor market conditions closely and seek guidance from local real estate professionals for accurate insights.
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