Good Monday! We have run our weekly reports and the biggest take away we have is the Months of Supply is under two for our main report.
In plain terms, based upon the closed sales the past month, it would take less than two months to sell all the current inventory of houses. That is not a lot. A seller’s market is anything under 3 months of supply.
By the way…if you are in the market to buy a condo over $1M you are luck. Have any questions about your next move? Give Matt a call, he is here for you.