August Market Report
August Market Report |
Inventory has significantly decreased compared to last year, plummeting from 18 weeks to just 8 weeks. Inventory serves as a crucial indicator of the market's health, illustrating how long it would take for us to exhaust our housing supply if no additional properties were introduced to the market. This tight 8-week window continues to reflect a seller's market, where buyers still maintain substantial negotiation leverage. Whether you're looking to buy or sell, don't hesitate to reach out to me through various means – call, text, DM, email, or even a smoke signal if need be.
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