Daily MLS Numbers (Economics 101)

as I write this we are at 631 Residential Listings, 1,313 properties under contract/pending, and 1,371 properties closed/sold this year leaving us with an absorption rate of 15.233. 15.233 houses are being absorbed into the market daily. with these numbers we have 41 days of inventory.

Click link to see chart for the last few days.

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