How competitive is the Abilene housing market?

{ "answer": "The Abilene housing market is quite competitive right now. Homes are selling quickly, and there are fewer available for sale compared to last year." } "The median listing price is \"$335,000\", which is a significant increase of 24.1% over the past year. This means homes are listed for considerably more than they were a year ago, which impacts what buyers can expect to pay.", "There are only 425 active listings, a drop of 36.9% from last year. Fewer homes on the market generally means more competition among buyers for the available properties. Even though new listings are up 12.1%, the overall supply is still tight.", "Homes are also selling much faster, staying on the market for a median of 43 days. This is 20.6% less time than last year, showing that buyers are making offers and closing deals more quickly. About 13.9% of homes have had price reductions, which is a small number.", "The pending ratio is 1.12, meaning there are more homes going under contract than there are active listings. This ratio has jumped 56.1% over the last year, further indicating strong buyer demand. It suggests that many homes are being snatched up as soon as they become available.", "If you\