Market Trends March 2009- Months Of Inventory

Months of inventory is the number of months it would take for all active listings to sell, if no additional properties came on the market, at the current absorption rate or based on the number of closed sales that month.  This graph shows the tremendous volatility over the last 15 months.  The positive look at this is that over the last 90 days there has been a more dramatic decline.  This, coupled with some of the other positive trends, could create some momentum for market stabilization in the near future.

View Full March 2009 Market Trends Report

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