Friday, November 6, 2015 / by Jodi Ketchersid
From the report - Months Supply of Inventory is an indicator of the state of the market, whether it is a buyers' market or a sellers' market. The benchmark for a balanced market (favoring neither buyer nor seller) is 5.5 Months of Inventory. Higher numbers indicate a buyers' market, lower numbers a sellers' market.
Months Supply of Inventory for Walton County has been trending down consistently every month for quite awhile and hit 7.8 months for September 2015 (down 21% over same month last year) - getting ever closer to the balanced mark of 5.5.
The latest residential real estate report for September 2015 in Walton County summarizes sales and listing statistics of sin ...