What Does "Month's Of Supply" Mean?

Mark Hewitson • July 27, 2022

What does “Months of Supply” tell us about the market?

What does “Months of Supply” tell us about the market?

 

To break it down simply:

 

Balanced Market = 6 to 7 months of supply

There are a relatively even number of buyers and sellers.

 

Seller’s Market = Fewer than 6 months of supply

There are more buyers than homes for sale, thus sellers hold the upper hand.

 

 Buyer’s Market = More than 7 months of supply

There are more homes for sale than willing and able buyers, thus buyers have more negotiating power.

 

Have a question about current market trends? Reach out at any time! We’re here to help you decode the lingo and make the most of today’s market

 

Mark Hewitson

Maryland Real Estate Professionals w/ REMAX Realty Plus

www.MarylandRealEstateProfessionals.com

301-418-8640

 

#homeownership #sellersmarket #buyersmarket #buyingahome #sellingahome #housingmarket #realestate #realestateagent

 

 


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