As a real estate professional, it is important to understand the correlation between key metrics in the market to make informed decisions when buying or selling a property.

First, let's look at the Months Supply of Inventory, which is currently at 8. This metric indicates how long it would take for all the current listings on the market to sell at the current sales pace. A higher number typically indicates a buyer's market, while a lower number indicates a seller's market.

The 12-Month Change in Months of Inventory has increased by +76.99%, showing a significant shift in market conditions over the past year. This increase suggests that there are more homes available for sale compared to the previous year, potentially giving buyers more options to choose from.

The Median Days Homes are On the Market is 49, indicating that properties are selling relatively quickly in this market. This metric is important for sellers to understand how long their property may be on the market before finding a buyer.

The List to Sold Price Percentage is 95%, showing that properties are typically selling close to their list price. This can be a helpful metric for both buyers and sellers to negotiate offers effectively.

Lastly, the Median Sold Price is $565,000, giving buyers and sellers an idea of the average price of homes that are selling in the market. This metric can help buyers determine if a property is priced competitively and sellers to set a realistic asking price.