What exactly are Months of Inventory (MOI)
Tuesday Jan 2nd, 2024
ShareAnd 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]