THE MARKET · [DATE]
Buyer's, balanced or seller's market?
How to read months of inventory.
Months of inventory is how long it would take to sell every home currently for sale at the current pace of sales. It is the quickest way to tell which way the market is leaning.
READING THE NUMBER
What it tells you
Under 2 months
Usually favors sellers. [Placeholder: what that looks like for buyers and sellers here.]
3 to 4 months
Balanced. [Placeholder: what that looks like here.]
5 months or more
Usually favors buyers. [Placeholder: what that looks like here.]
Where we are now
See this month's local market update. [Placeholder: link to the current month.]
Paige Radmer, broker with Delavan Realty, Inc.
What's your home worth?
A considered price, at no cost.
Not an algorithm's guess. I walk through your home, study the recent sales around it, and send you a price range I would stand behind.