SW PORTLAND HOUSING INVENTORY IS 3.06 MONTHS! 🏡😳
The current Housing Inventory in SW Portland is 3.06 months, driven by a decrease in Housing Supply and an increase in Housing Demand.
The ideal real estate market would have 1.00 month of Housing Inventory as it would mean that Housing Supply is perfectly satisfying Housing Demand. For this graph, that would be the orange line and the purple line right on top of each other. When the Housing Supply and Housing Demand lines are close together it represents a balanced real estate market. When there's a huge separation between Housing Supply and Housing Demand it represents an unbalanced real estate market, creating either a buyer's market or a seller's market.
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Get Your FREE MONTHLY HOME VALUE REPORT 🏡📈
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