Inventory levels are at the lowest levels we have seen in at least seven years
Scott P. Rogers
If you think there aren't many homes for sale, it's because there aren't many homes for sale. The graph above shows how inventory levels in our area have shifted downward over the past seven years.
Looking at inventory levels at the start of each August, here's what we find....
- 2008 = 951
- 2009 = 904
- 2010 = 1,010
- 2011 = 882
- 2012 = 727
- 2013 = 676
- 2014 = 705
- 2015 = 644
Past years indicate that we will likely see inventory levels continue to decline over the next five to six months.
