Average Price-per-Square-Foot data provides a great market trend overview, but is not a good individual home calculator as it ignores significant market drivers such as lot size, upgrades, condition, location, and year built.

Months-of-Inventory depicts how long it would take to sell all of the remaining listings if no more listings came to market and sales continue at the current rate. A "balanced market" is 4-6 months of inventory. Less than 4 months is a "sellers market" and more than 6 months is a "buyers market".

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