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Real Estate Inventory Numbers and What They Tell You

http://www.sacramento-home.com/ real-estate-events/ ...

One of the most important indicators that real estate market junkies like me look at is inventory. If you’re not familiar with “inventory” in a real estate sense, it’s a pretty simple concept. You look at how many homes sell every month. Usually we like to use an average going several months back. Then you simply divide the number of available homes by the number of homes that sell every month. So if there are fifty homes on the market in a given area, and five homes sell every month, then there are ten months of inventory.

153 days ago

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