Tucson real estate : Months of inventory by zip code (August 2011)

Months of Inventory (MOI), is the amount of current inventory (homes currently for sale) divided by average monthly sales. This is a good indicator of market health since it measures the amount of time it will take to elimate current inventory. In general, a market is considered “balanced” when MOI is 6 months.

Below find the months of inventory of various zip codes in the Tucson area for August 2011:

Zip Code              Months of Inventory

85718                  7.9

85750                 8.0

85749                 7.4

85715                4.0

85712                5.3

85716                8.6

85719               4.0

85705               4.8

85741                2.4

85704               5.9

85737               5.9

85742              4.1

85755              8.0

85658              7.5

85739              11.1

Realtor Lisa Bayless specializes in Tucson Catalina Foothills, Oro valley and Marana real estate home sales.