What exactly are Months of Inventory (MOI)

Tuesday Jan 2nd, 2024

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what are months of inventory

And what does that mean to the state of the market in Georgina?  Months of inventory is a common metric used in the real estate industry to gauge the balance between supply and demand in the market. It's a snapshot of how long it would take for all the current homes on the market to sell, given the current pace of sales. Here's how it works: 1. Current Inventory: This is the number of active listings on the market at the end of a given month. 2. Pace of Sales: This is... [read more]

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