The real estate market is currently experiencing a low inventory level, with only 3 months' supply of homes available for sale. This indicates a high demand for housing in the area, leading to a competitive market for buyers.

Over the past 12 months, there has been a significant decrease in the months of inventory, with a change of -20.42%. This suggests that homes are selling at a faster pace than they are being listed, further highlighting the strong demand in the market.

The median days homes are on the market is 144, indicating that properties are selling relatively quickly once they are listed. This could be attributed to the low inventory level and high demand for housing in the area.

Sellers are seeing a strong return on their investment, with the list to sold price percentage at 98%. This means that homes are typically selling close to their asking price, providing sellers with a high level of confidence in the market.

The median sold price in the area is $448,460, showing a healthy appreciation in property values. This indicates a stable and growing real estate market, making it an attractive location for both buyers and sellers.