The Woodlands MLS – Months Of Inventory – December 2011
December 28th, 2011
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Now to average months of inventory. We are currently at 4.2 months. You might recall that 6 months is a balanced market, which would indicate we are biased towards a seller’s market. Our month’s of inventory one year ago was 6.1 months. For price ranges below $700,000, months of inventory is less than 6 months, for those ranges beginning with the $700’s, months of inventory ranges from 6.7 to 18.5 months.
Visit www.MicheleFlory.com for more detailed information on The Woodlands real estate.
Data Source: HAR
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Disclaimer : The views and opinions expressed in this blog are those of the author and do not necessarily reflect the official policy or position of the Houston Association of REALTORS®