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Tag Archives: months of inventory
Tucson real estate : Months of inventory by price range (Foothills & Oro Valley)
Both buyers & sellers often enquire about the amount of supply/demand in a particular price range and area. Months of inventory provides good insight into this question. 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 eliminate existing inventory at the current rate of sales. In general, a market is considered “balanced” when MOI is around 6 months.
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Tagged catalina foothills, catalina foothills homes for sale, catalina foothills real estate, Foothills homes for sale, months of inventory, months of inventory foothills, months of inventory oro valley, tucson, tucson home sales, tucson housing market, tucson real estate
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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 Continue reading
Posted in catalina foothills real estate news, marana real estate news, Oro Valley Real Estate news, Real Estate News, Tucson Real Estate news
Tagged catalina foothills, catalina foothills real estate, marana, marana real estate, months of inventory, oro valley, oro valley real estate, tucson, tucson home sales, tucson real estate
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