Most Balanced Market Since 2020 Graph
Want to know who's got the upper hand in today's housing market? One number tells you almost everything you need to know. It's the months' supply of homes for sale.
If there's fewer than 4 months? Sellers have the advantage.
Between 4-6 months? Buyers and sellers are on equal footing.
More than 6 months? Buyers have the power.
Right now, nationally, this is the most balanced market we've seen in years. But balanced doesn’t mean the market’s the same everywhere.
Some places are already leaning much more toward buyers. Others still strongly favor sellers.
If you're wondering who's got the upper hand where we live, let's talk. I'll show you what the numbers look like in our market and what they could mean for your next move.
#HousingMarketNews #HousingMarketUpdate #KeepingCurrentMatters
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