Let’s break down these real estate metrics to understand how they are correlated and what they mean for both buyers and sellers in the current market according to my Jonestown November 2024 Residential Housing Market Update. First, the Months Supply of Inventory is sitting at 11.85, which means that it would take about 11.85 months […]
Jonestown September 2024 Residential Housing Market Update
Let’s break down these real estate metrics to better understand how they are correlated. First, we have the Months Supply of Inventory, which is currently at 12.01. This means that at the current rate of sales, it would take 12.01 months to sell all the available inventory on the market. Next, we have the 12-Month […]
Jonestown TX August 2024 Residential Housing Market Update
Let’s break down these real estate metrics to understand the correlation between them in Jonestown TX. First, the Months Supply of Inventory is 10.92. This means that it would take approximately 10.92 months for all the current inventory of homes on the market to be sold, based on the current rate of sales. Next, the […]