WEST U REAL ESTATE.COM

Houston Real Estate Source

Market Condition


FORMULA: Months Inventory = (Number of Current Active Listings divided by the Number Sold in the Prior 12 Months) x 12

BUYER'S MARKET: Inventories of >12 months
SLIGHTLY SOFT MARKET: Inventories of 11 months
NORMAL MARKET: Inventories of 9-10 months
SLIGHTLY STRONG MARKET: Inventories of 8 months
SELLER'S MARKET: Inventories of < 8 months


Thanks to Ted C. Jones, Senior Vice President and Chief Economist for Stewart Title Guaranty Co. for providing the formula to determine market condition.

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This web site created and maintained by:
Judy Thompson
Strictly a Buyer's Agent
West U Real Estate LLC
1919A Harold St.
Houston, TX  77098
Telephone: (713) 522-4953
E-mail: judythompson@att.net

All information is deemed reliable but not guaranteed and should be independently verified.

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