Killeen-Temple MSA August 2023 Housing Report
When it comes to understanding the real estate market, there are several key metrics that can provide valuable insights for both buyers and sellers. Let's dive into the correlation between these metrics and what they mean for you. First, let's take a look at the months supply of inventory, which stood at 31 in August. This metric represents the number of months it would take to sell all the available homes on the market, given the current sales pace. A lower months supply indicates a seller's market, where demand outpaces supply, putting sellers in a favorable position. However, it's important [...]