The real estate market is currently showing a moderate level of inventory with a Months Supply of Inventory at 3.67. This indicates that there is a balanced market between buyers and sellers. The 12-Month Change in Months of Inventory has increased by +2.8%, suggesting a slight uptick in inventory levels compared to the previous year. […]
Kyle TX January 2025 Market Update
As a real estate professional, it is important to understand the correlation between various metrics in the market to provide valuable insights to both buyers and sellers. First, let’s look at the Months Supply of Inventory, which currently stands at 3.48. This metric indicates how long it would take for all the current homes on […]
Kyle TX December 2024 Market Update
Let’s break down these real estate metrics to understand how they are correlated. First, let’s look at the Months Supply of Inventory, which is currently at 3.21. This number represents how long it would take for all the current homes on the market to sell at the current pace of sales. A lower number indicates […]
Kyle November 2024 Residential Housing Market Update
Let’s take a closer look at how these real estate metrics are correlated and what they mean for buyers and sellers in the market according to my Kyle November 2024 Residential Housing Market Update. First, let’s talk about the Months Supply of Inventory, which stands at 3.85. This number indicates how many months it would […]
Kyle September 2024 Residential Housing Market Update
When looking at the real estate market data, we can see that there is a strong correlation between the metrics provided. The Months Supply of Inventory being at 4.43 indicates that there is a relatively low number of homes available for sale compared to the demand from buyers. This can lead to a competitive market […]
Kyle TX August 2024 Residential Housing Market Update
When it comes to real estate metrics, there are several key factors that can give buyers and sellers valuable insights into the market. Let’s start by looking at the Months Supply of Inventory, which currently stands at 4.82. This number represents the amount of time it would take to sell all the homes on the […]