As we analyze the current real estate market data, we can see a correlation between various key metrics that provide valuable insights for both buyers and sellers.

The Months Supply of Inventory stands at 4.84, indicating a balanced market where there is a relatively equal number of homes available for sale compared to the number of buyers looking to purchase. However, the 12-Month Change in Months of Inventory has increased significantly by +112.28%, suggesting a shift towards a more saturated market with more homes available for sale.

Despite this increase in inventory, the Median Days Homes are On the Market remains relatively low at 43 days. This indicates that homes are selling quickly, likely due to the List to Sold Price Percentage being high at 98.1%. Sellers are receiving offers close to their asking price, which is enticing buyers to act swiftly.

Additionally, the Median Sold Price of $322,000 reflects a stable market where home prices are holding steady. This can be reassuring for both buyers and sellers, as it indicates a healthy balance between supply and demand in the market.