Monthly Market Indicator Report November 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 .
November
4.0
3.2
2.2
2022
2023
2024
+ 120.0 %
+ 45.5 %
+ 25.0 %
Historical Months Supply of Inventory by Month
Months Supply December 2023 January 2024 February 2024 March 2024 April 2024 May 2024 June 2024 July 2024 August 2024 September 2024 October 2024 November 2024 12-Month Avg *
* Months Supply for all propert This is not the average of the i
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
01-
Current as of December 10 , 2024 . Data © 2024 REsides , INC . All Rights Reserved . | Sponsored by South Carolin