The current real estate market is showing a healthy balance between supply and demand, with a Months Supply of Inventory at 4.58. This indicates that there is a moderate level of inventory available for buyers to choose from. The 12-Month Change in Months of Inventory has seen a significant increase of +64.75%, suggesting that the […]
North Austin TX January 2025 Market Update
As a real estate professional, it is important to understand the correlation between key metrics in the market to provide valuable insights to both buyers and sellers. The Months Supply of Inventory, which currently stands at 4.44, indicates the number of months it would take to sell all the existing homes on the market if […]
North Austin TX December 2024 Market Update
When looking at these real estate metrics, we can see some interesting correlations that can give insight into the current market conditions. The Months Supply of Inventory being at 3.9 indicates that there is a relatively low supply of homes on the market compared to the demand from buyers. This can lead to a competitive […]
North Austin November 2024 Residential Housing Market Update
Let’s break down the correlation between these real estate metrics to help buyers and sellers better understand the current market conditions with my North Austin November 2024 Residential Housing Market Update. First, let’s look at the Months Supply of Inventory, which is at 4.44. This metric indicates how long it would take to sell all […]
North Austin September 2024 Residential Housing Market Update
Let’s dive into the real estate market data to understand how these metrics are correlated and what they mean for buyers and sellers. First, let’s look at the Months Supply of Inventory, which is currently at 3.94. This number represents how many months it would take to sell all the current inventory of homes on […]
North Austin TX August 2024 Residential Housing Market Update
Let’s break down these real estate metrics and see how they correlate with each other. First, let’s look at the Months Supply of Inventory, which is 3.86. This number tells us how long it would take for all the current homes on the market to sell at the current pace of sales. A lower number […]