In a recent government meeting, discussions highlighted the challenges facing the local housing market, particularly in Charleston Park. A representative noted that three homes were recently listed, with two experiencing price reductions of $30,000 each, while a fixer-upper saw a $10,000 decrease. The latter property is currently under contract, likely involving concessions, while one of the reduced homes has been taken off the market, potentially to return as a rental or to be relisted at a lower price.

All three homes have been on the market for over 90 days, indicating a sluggish sales environment. Realtor experts emphasized that despite the area's desirability, the neighborhood has become underserved, leading to a mismatch between buyer demand and available properties.

The community is urging the city council to support Homeowners Association (HOA) covenants to enhance the neighborhood's appeal and maintain property values. The HOA expressed gratitude for the city's ongoing support, emphasizing that a thriving community contributes to the city's tax revenue, which is crucial for local services.