By: Alison North, Realtor & Team Lead

As a professional in the real estate industry, it is important to understand the correlation between various metrics to make informed decisions as a buyer or seller. 

First, let's look at the month's supply of Inventory, …

By: Alison North, Realtor & Team Lead

The Months Supply of Inventory is a key indicator of market conditions, and currently stands at 2.29 months. This means that it would take approximately 2.29 months to sell all the homes on the market at the current pace of sales. …

By: Alison North, Realtor & Team Lead

The real estate market is currently experiencing a low inventory with only 1.75 months supply available, indicating a high demand for homes. This shortage of inventory has led to a 23.24% increase in the months of inventory over the …

By Alison North, Realtor & Team Lead

The real estate market is currently showing a low level of inventory with a months supply of inventory at 1.52. This indicates that there is a high demand for homes and a limited supply, which could lead …

By: Alison North, Realtor & Team Lead

With a Months Supply of Inventory at 0.97, this means that there is less than a one-month supply of homes available on the market. This low inventory level typically leads to high demand and competition among buyers, …

By: Alison North, Realtor & Team Lead

The real estate market data indicates a strong correlation between the metrics provided. 

First, the Months Supply of Inventory is at a low 1.02, indicating a seller's market where demand for homes exceeds supply. This low inventory level …

By: Alison North, Realtor & Team Lead

The real estate market is currently experiencing a high demand and low inventory situation, indicated by a Month’s Supply of Inventory of only 1.05. This means that if no new homes were to come onto the market, it would …

By: Alison North, Realtor & Team Lead

As a professional in the real estate industry, it is important to understand the correlation between various metrics to provide valuable insights for both buyers and sellers. Let's analyze the February 2024 market data provided to gain a …

Your Springfield Real Estate Market Update: January 2024

By: Alison North, Realtor and Team Lead

Hello, Springfield residents! Alison North with The Avenue Group here, your local REALTOR®, with some exciting updates straight from the heart of our real estate market. Whether you're …

By: Alison North, The Avenue Group: Realtor and Team Lead

Welcome to On The Move with The Avenue Group! In today's edition, we've got your December 2023 real estate metrics analysis. We have a treasure trove of data that will shed light on the current market trends, specifically targeting …