Todd and Lizette Souza's blog

As a potential buyer or seller in today's real estate market, it is crucial to understand the correlation between various metrics to make informed decisions. 

As of the most recent data available, the real estate market is showing some interesting trends that both buyers and sellers should be aware of.

Firstly, the Months Supply of Inventory is currently at a low 1.37, indicating a tight market with limited available properties. This low inventory level can lead to increased competition among buyers and potentially higher prices for sellers.

As a potential buyer or seller in the current real estate market, it is important to understand the correlation between various key metrics in order to make informed decisions. 

The Months Supply of Inventory is a key indicator of market conditions, with a current value of 1.2. This low supply suggests a highly competitive market with limited available homes for sale. 

The real estate market is currently experiencing a low inventory situation, with only 1.65 months supply of homes available for sale. This means that there are fewer homes on the market compared to the demand from buyers, leading to a competitive environment for those looking to purchase a home.

As a real estate professional, it is important to understand the correlation between various metrics in the market to better serve our clients. 

As a real estate professional, it is important to analyze the various metrics that indicate the current state of the market to provide valuable insights to both buyers and sellers. 

In the current real estate market, there is a strong 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.