June 2024 Market Indicator Report June 2024 | Page 12

Months Supply of Inventory

The inventory of homes for sale at the end of a given month , divided by the average monthly pending sales from the last 12 months .
June
3.6
2.5
1.7
2022
2023
2024
+ 70.0 %
+ 47.1 %
+ 44.0 %
Historical Months Supply of Inventory by Month
Months Supply July 2023 August 2023 September 2023 October 2023 November 2023 December 2023 January 2024 February 2024 March 2024 April 2024 May 2024 June 2024 12-Month Avg *
* Months Supply for all propert average of the individual figure
30.0
25.0
20.0
15.0
10.0
5.0
0.0
01-2009
01-2010
01-2011
01-2012
01-2013
01-2014
01-2015
01-2016
01-2017
01-2018
01-2019
01-2020
01-2021
Current as of July 11 , 2024 . Data © 2024 REsides , INC . All Rights Reserved . | Sponsored by South Carolin