The real estate market is currently experiencing a low inventory situation with a months supply of inventory at 2.81. This means that based on the current rate of home sales, it would take approximately 2.81 months to sell all the available homes on the market.

However, there has been a significant increase in the number of months of inventory over the past year, with a 12-month change of +47.12%. This indicates that the market may be shifting towards a more balanced or even a buyer's market, as there are more homes available for sale compared to the previous year.

Despite the increase in inventory, homes are still selling relatively quickly, with a median of 74 days on the market. This shows that there is still strong demand for homes in this area.

Sellers are also seeing success in terms of pricing, with homes selling for an average of 99% of the listing price. This indicates that sellers are pricing their homes accurately and buyers are willing to pay close to the asking price.

The median sold price in this market is $400,000, which gives buyers and sellers a good indication of the overall price range in the area.