When looking at these real estate metrics, there are several correlations that we can draw to help both buyers and sellers understand the current market conditions according to my West Austin November 2024 Residential Housing Market Update. The Months Supply of Inventory being 6.14 indicates that it would take approximately 6.14 months to sell all […]
West Lake Hills September 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. First, we have the Months Supply of Inventory at 6.53, which represents how long it would take for all the current homes on the market to sell at the current pace of sales. A […]
West Austin September 2024 Residential Housing Market Update
Let’s break down these real estate metrics to understand how they are correlated. The Months Supply of Inventory is currently at 6.72, which means it would take approximately 6.72 months to sell all the homes on the market at the current pace of sales. This number gives us an indication of the balance between supply […]
West Austin TX August 2024 Residential Housing Market Update
Let’s break down the correlation between these real estate metrics to give you a better understanding of the current market conditions in West Austin. First, the Months Supply of Inventory is 7.68, which means it would take approximately 7.68 months to sell all the currently listed homes if no new listings were added. This indicates […]
West Lake Hills TX August 2024 Residential Housing Market Update
Let’s break down these real estate metrics to better understand their correlation and what they mean for buyers and sellers in the current market in the West Lake Hills TX area. First, let’s look at the Months Supply of Inventory, which is currently at 6.43. This number represents how long it would take to sell […]