When looking at the real estate market metrics provided, we can see a correlation between the Months Supply of Inventory, the 12-Month Change in Months of Inventory, the Median Days Homes are On the Market, the List to Sold Price Percentage, and the Median Sold Price. The Months Supply of Inventory is currently at 9.73, […]

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 currently at 10.19. This number indicates how long it would take for all the current homes on the market to be sold, given the current pace of sales. A […]