Tag Archive: sellers market

What is “Months of Inventory”

Realtors use an analysis called Months of Inventory to evaluate the real estate market. The Months of Inventory is equal to how long it would take to sell the existing inventory if no new houses were put on the market.   Seller’s Market  When the Months of Inventory is below four months, ...

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How does the inventory affect the real estate market in Union County?

In real estate, the months of supply is a measure that real estate professionals use as an indicator of the strength of the real estate market in an area. It tells you how many months it would take for all of the homes currently offered for sale in an area ...

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