Fluctuating Inventory Levels by Property Type
Scott P. Rogers
click here for a larger version of this graph
As shown above, the number of homes for sale fluctuates greatly through the year --- but the degree of fluctuations differs between single family homes and attached dwellings (duplexes, townhouses, condos).
Single Family Homes
36% increase in homes for sales between Dec 2013 and Jun 2014.
Duplexes / Townhouses / Condos
13% increase in homes for sales between Dec 2013 and Jun 2014.
Thus, we are likely to see inventory declines over the next few months --- but the majority of those declines will be in single family homes.
