Housing Supply and Demand in Auburn

The following chart shows the market in relationship to supply and demand. Experienced REALTORS watch closely the ratio of the inventory against the pending sales. We know that if the gap between those two sets of data decreases, we cannot be aggressive when working with buyers. A healthy market is where a little give and take on both sides of the negotiation table exists or when roughly 30 to 35% percent of available homes go pending during the same month.

%d bloggers like this: