The real estate market is currently experiencing a moderate level of inventory with a Months Supply of Inventory at 5.32. This indicates that there is enough supply to meet the demand of buyers, but not an excess that could lead to a buyer’s market. The 12-Month Change in Months of Inventory has seen a significant […]
West Lake Hills TX January 2025 Market Update
Let’s take a closer look at these real estate metrics to understand their correlation and what they mean for buyers and sellers in the current market. First, the Months Supply of Inventory is 3.19, which indicates the number of months it would take to sell all the current listings on the market. A lower months […]
West Lake Hills TX December 2024 Market Update
Let’s break down the correlation between these real estate metrics to give you a better understanding of the current market conditions. First, let’s look at the Months Supply of Inventory, which is currently at 3.89. This number tells us how many months it would take to sell all the current inventory of homes on the […]
West Lake Hills November 2024 Residential Housing Market Update
Let’s dive into the real estate metrics to understand how they are interconnected and what they mean for buyers and sellers in the current market according to my West Lake Hills November 2024 Residential Housing Market Update. First, let’s look at the Months Supply of Inventory, which is currently at 6.11. This metric represents how […]