The real estate market is currently experiencing a low inventory with only 2.34 months supply available, indicating a high demand for homes in this area. The 12-month change in months of inventory has increased by 12.5%, suggesting a slight shift towards a more balanced market. Homes are selling relatively quickly in this market, with a […]
Cedar Park TX December 2024 Market Update
Let’s break down these real estate metrics and see how they are correlated. First, we have the Months Supply of Inventory, which is currently at 2.23. This metric indicates how long it would take for all the current homes on the market to be sold, given the current pace of sales. A lower number typically […]
Cedar Park November 2024 Residential Housing Market Update
Let’s break down the real estate metrics to understand how they are correlated and what they mean for buyers and sellers in the current market according to my Cedar Park November 2024 Residential Housing Market Update. First, let’s look at the Months Supply of Inventory, which is currently at 2.66. This metric represents how many […]
Cedar Park September 2024 Residential Housing Market Update
When looking at these real estate metrics, we can see some interesting correlations that can help both buyers and sellers make more informed decisions. First, let’s look at the Months Supply of Inventory, which is currently at 3.85. This number represents how long it would take for all the current homes on the market to […]
Cedar Park TX August 2024 Residential Housing Market Update
Cedar Park TX August 2024 Residential Housing Market Update: As a real estate professional, it is important to understand the correlation between various metrics in order to provide valuable insights to both buyers and sellers in Cedar Park, TX. First, let’s look at the Months Supply of Inventory, which currently stands at 4.27. This metric […]
