It took longer than anticipated to develop but the Interactive Inventory Dashboard is now available! This dashboard has additional information to allow you to see what is going on in our market.
The Inventory Dashboard contains:
– Inventory as of the 1st of the Month – You can see it by city, property type, and type of listing (non-foreclosure, REO, and Short Sale).
– Months of Inventory (MOI) – This calculates the Months of Inventory by dividing the inventory by the number of Solds in the last 30 days.
– # of New Listings -Reports the number of new listings in a given month.
– # of Pendings – This is good to see trends as a given months Pending Sales become Solds over the next few months. You can see where the market is headed 1-2 months before you’ll see it reported in the newspaper when Sold data is released.
You can access the Inventory Dashboard here. There are also links off the main dashboard page.