How does today’s market compare to the crash of 2007? Let’s compare:
– Inventory of Homes For Sale – 62% Less Today
– Homes Sold – 18% More Today
– Months of Inventory – 64% Less Today
– Avg Days on Market – 64% Fewer Today
– Sold Price Compared to List Price – 6% Higher Today
– Avg Sold Price – 57% Higher Today
There is really no comparison between that market and our current one, is there?
Do you see otherwise?
