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. Starting with the Months Supply of Inventory at 5.29, this indicates the number of months it would take to sell all current inventory at the current pace of […]
Tarrytown TX January 2025 Market Update
The real estate market is currently showing a strong correlation between several key metrics. The Months Supply of Inventory stands at 4.2, indicating that it would take approximately 4.2 months to sell all the current homes on the market at the current pace of sales. This is a healthy balance between supply and demand. The […]
Tarrytown TX December 2024 Market Update
Let’s break down these real estate metrics to understand how they correlate with each other. First, let’s look at the Months Supply of Inventory, which is 3.96. This metric tells us how many months it would take to sell all the current inventory of homes on the market. A lower number indicates a seller’s market, […]
Tarrytown November 2024 Residential Housing Market Update
Let’s break down the correlation between these real estate metrics to help both buyers and sellers understand the current market conditions according to my Tarrytown November 2024 Residential Housing Market Update. First, the Months Supply of Inventory being at 5 indicates that there is a balanced market between supply and demand. This means there are […]
Tarrytown September 2024 Residential Housing Market Update
When looking at the real estate market data provided, there are several key metrics that can give insight into the current state of the market. First, let’s look at the Months Supply of Inventory, which is 8.14. This metric represents how long it would take for all the current homes on the market to sell, […]
Tarrytown TX August 2024 Residential Housing Market Update
Let’s break down the correlation between these real estate metrics to help both buyers and sellers understand the current market conditions. First, let’s look at the Months Supply of Inventory, which is at 6.62. This number represents how long it would take to sell all the current homes on the market if no new listings […]