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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.