Let’s dive into the correlation between these real estate metrics to give you a better understanding of the current market conditions according to my Southwest Austin November 2024 Residential Housing Market Update. First, let’s look at the Months Supply of Inventory, which stands at 2.35. This metric indicates how long it would take for all […]
Southwest Austin September 2024 Residential Housing Market Update
When looking at the real estate market data, we can see a correlation between the Months Supply of Inventory, the 12-Month Change in Months of Inventory, the Median Days Homes are On the Market, the List to Sold Price Percentage, and the Median Sold Price. The Months Supply of Inventory is a key indicator of […]
Southwest Austin TX August 2024 Residential Housing Market Update
Let’s break down these real estate metrics and see how they are correlated in Southwest Austin. First, the Months Supply of Inventory is at 3.28, which means it would take about 3.28 months to sell all the current homes on the market if no new listings were added. This is a fairly low number, indicating […]
