Increase the opportunities for safe, decent, energy efficient, affortable, accessible and fair housing for all types of households in all neighborhoods.
Months of Inventory-Northwest Region
Current Value
2.3
Definition
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Comparison
Story Behind the Curve
This indicator shows the number of months it would take for all current listings on the market to sell if no new units were added. A healthy housing market has 6 months of inventory. Months of inventory is not a measure of how long properties are on the market before they are sold.
This indicators measures Condos, Townhouses, and Single-Family Homes.
Why Is This Important?
A healthy housing market is one in which housing units for ownership are on the market for no more than 6 months.
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