RMLS Market Action Report / by Lee McKnight

Good news! The months of inventory (homes for sale) went up to 1.1 months. Hopefully, the increase in new listings means that we are getting out of the less-than-one-month territory. I guess sellers got the news that it's a good time to sell. Heading into the winter, we typically see listings fall (see page 3 for a graph of listings over the seasons), but if we have learned anything in the last 18 months–there is a new normal. Stay tuned!

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