Let’s break down these real estate metrics to better understand how they are correlated. First, let’s look at the Months Supply of Inventory, which is currently at 4.39. This measures how long it would take for all the current homes on the market to sell at the current pace of sales. A lower number typically […]

Let’s dive into the real estate metrics for the current market. The Months Supply of Inventory is at 3.49, which indicates the number of months it would take to sell all the current listings if no new properties were added. A lower number typically signifies a seller’s market, where demand outweighs supply in South Austin. […]