â€œMonths of supplyâ€ in real estate is the closest thing we have to a forecasting tool. Â The months of supply measures how long it would take to sell the current number of homes on the market. Â Low inventory, means demand exceeds supply, hence rising prices are a logical expectations. Â Anything under a three months supply is considered low inventory and a sellerâ€™s market.
Brooklineâ€™s condo market is extremely tight!Â To look at the supply of homes for sale in Brookline by price range and to read more, click here:
Doing the Numbers: Brookline Real Estate Condos and Houses