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Updated over 3 years ago,
Andrew SyriosPoster
Pro Member
- Residential Real Estate Investor
- Kansas City, MO
- 4,883
- Votes |
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How Much Inventory is there in Your Market?
So, as you all have probably noticed, the market is really, really hot right now. I just checked the inventory for Jackson County, MO (the biggest county in Kansas City, where I'm at) and there is only 0.6 months of inventory in total! There were more sales in March than properties remaining on the market. A "balanced market" is 6 full months of inventory. I've never seen anything like this.
How is it out there for all of you where you're at?