Here is MSI chart for Montgomery County MD for Feb 2011. MSI is Realtor lingo for "how big is the inventory of homes for sale". Look at it this way, if no other homes came on the market, how long will it take to sell all of the homes currently available. That is MSI.
Most experts say that 5 months is the equilibrium point. More than 5 months, its a sellers market, below 5 its a buyers market.
MSI for Montgomery Co Feb 11 is:
3.2 months
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