02/05/2025
💥Hello Buyers and Sellers,
Let's delve into the correlation between some key real estate metrics to help you better understand the current market conditions.
💥First, the Months Supply of Inventory stands at 1.38, indicating a low inventory level. ➡This means there is high demand for homes compared to the number of available properties.
The 12-Month Change in Months of Inventory has increased significantly by +64.29%. This suggests that the market is shifting towards a more balanced state as inventory levels are rising.
Despite the increase in inventory, the Median Days Homes are On the Market is only 7 days. This rapid turnover shows that 🏠homes are selling quickly, likely due to the high demand.
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Cathy Palpallatoc
951-323-5396
[email protected]
DRE 01989866
Epique Realty
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