Hello Buyers and Sellers! Let's dive into the exciting world of real estate metrics and see how they all tie together to give us a clear picture of the current market trends.

First up, we have the Months Supply of Inventory sitting at 5.53. This means that at the current rate of sales, it would take approximately 5.53 months to sell all the available homes on the market. A lower number usually indicates a seller's market, where demand is high and supply is low.

Next, we have the 12-Month Change in Months of Inventory, which is at -12.36%. This shows a decrease in the time it would take to sell all the homes on the market compared to the previous year. A negative change like this typically indicates a growing demand and a more competitive market.

Moving on to the Median Days Homes are On the Market, which is at 40. This tells us that on average, homes are selling relatively quickly in this market. A lower number suggests that homes are in high demand and are being snatched up faster.

The List to Sold Price Percentage stands at 97.1%, which means that on average, homes are selling for 97.1% of their list price. This data point is important for both buyers and sellers as it gives an indication of how much negotiating power there is in the market.

Lastly, we have the Median Sold Price at $360,000. This gives us a snapshot of the average price at which homes are selling in the current market. It's crucial for sellers to price their homes competitively based on this figure, while buyers can use it as a benchmark for their budget.