May Market Trends: May 2024 MOI
What does MOI mean? The Months Supply of Inventory indicates how many months it would take to sell all the current inventory of homes on the market if no new listings were added. A lower number suggests a seller’s market, where demand is high and supply is low. What is considered a “balanced” market? Historically, 5-6 months supply of inventory. Presently, we are far from a balanced market.
Check your Zip code/city MOI for the month of May:
If you would like to know the MOI in your neighborhood contact Jackie at 757 870 1902 or email Jackie@GoodToBeeHome.com
Recent Posts
Where to get your Holiday Tree in Williamsburg, VA
New Theater at Swem: Williamsburg Library Upgrade
Park-and-Ride’s Back: Lightfoot Reopens!
Colonial Christmas Magic: Williamsburg History Lives
Bright Nights: Williamsburg Bus Lights Tour
Historic Holiday Feels: Colonial Williamsburg Wreath Sale is Back
Yorktown’s Lighted Boat Parade Brings Holiday Magic to the River
Yorktown’s Christmas Market Takes Over Main Street for Two Full Days
Williamsburg’s Official Trick-or-Treat Hours Are Set
Struggling with Heating Bills? Virginia’s Fuel Assistance Program Open Until Nov. 14
GET MORE INFORMATION
