Here are the latest market statistics. The bottom line, Months Inventory, shows how long the current supply would last if sales continue at the same rate as they have been in the past 30 days. A normal market is considered to be around six months. So anything less than six months supply indicates a seller’s market, putting upward pressure on prices.
Label | All | Last 7 days | % | 0-99999 | 100000-199999 | 200000-299999 | 300000-399999 | 400000-499999 | 500000-599999 | 600000-9999999 |
Total MLS listings | 373 | 101 | 2 | 22 | 59 | 100 | 74 | 36 | 79 | |
Pendings (30 days) | 199 | 86 | 53% | 1 | 41 | 65 | 40 | 22 | 16 | 14 |
Closed (30 days) | 218 | 76 | 58% | 4 | 41 | 67 | 50 | 24 | 15 | 17 |
Expired/can/wdrawn (30 days) | 38 | 10% | 1 | 6 | 7 | 6 | 6 | 2 | 10 | |
Months Inventory (Closed) | 1.7 | 1.3 | – | 0.5 | 0.5 | 0.9 | 2.0 | 3.1 | 2.4 | 4.6 |
Months Inventory (Pending) | 1.9 | 1.2 | – | 2.0 | 0.5 | 0.9 | 2.5 | 3.4 | 2.3 | 5.6 |