Months of Inventory Snapshot July 2007

August 31, 2007 | By Kelley Koehler | Filed Under Market Reports 

Is a picture worth a thousand words? (Still having trouble with displaying tables nicely, sorry…)

History of Months of Inventory, from January through July of 2007, also called the Absorption Rate. Generally, 4-6 months of inventory signals a balanced market, less than that would be a Seller’s market, more than that would be a Buyer’s market. Interesting to see that some areas are generally overloaded with inventory, while others are not so terrible.

months of inventory snapshot july 2007

Data from the Tucson Association of Realtors, deemed reliable, but not guaranteed.

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