What has happened to the Southtown area?

[Jennifer M.]

Just curious if anyone else had noticed a slowdown in sales and prices in Southtown.  I own one property in the area and had it listed for several months with several price reductions (beginning before Covid).  I finally took it off the market and rented it because I can't help but think the prices will come back up if I wait a couple of years.  Anyone have insight into why Southtown might have lost some of its appeal?  Or maybe it's just a correction of overinflated prices?