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Inventory of Dublin Ranch Homes Spikes in November 2008

If you have been considering purchasing a home in Dublin Ranch, now is a great time to buy. After several months of falling inventories which suggested we were trending toward a seller’s market. Now our market has trended strongly back toward a buyers market.

In real estate, “Months of Inventory” is a measurement used to determine the “velocity” of the the market. The measurement is made by taking the number of homes on the market in a given month and dividing it by the number of homes that sold in that same month. This information tells us whether the market favors buyers or sellers, and how strongly it does so.
SFR_inventory

As a general rule of thumb, six or more months is considered a strong buyer’s market. From the above chart, you can see that the market for Dublin Ranch homes has not fovored buyers so strongly since April of this year.

Trying to sell your home in this market can be challenging. For a copy of our Special Report How to Sell a Home in a Buyer’s Market (and Get the Best Price Faster than Anyone Around!) feel free to contact us.

Posted Thursday Jan 15