05-11-2024, 05:15 PM
Here is more context courtesy of Zillow:
Houses, both new and old, currently for sale in HPP: 89
https://www.zillow.com/homes/for_sale/?s...ecwr%22%7D
Houses, both new and old, sold in HPP in the last 30 days: 16
https://www.zillow.com/homes/recently_so...A%7B%7D%7D
Houses, both new and old, sold in HPP in the last 90 days: 48
https://www.zillow.com/homes/recently_so...A%7B%7D%7D
So for the last three months, 16 houses per month, on average, have closed in HPP. 89/16=5.5625
Amateur conclusion: HPP has over 5.5 months of inventory as of this posting.
*the links above are not static so the numbers will change over time.
Houses, both new and old, currently for sale in HPP: 89
https://www.zillow.com/homes/for_sale/?s...ecwr%22%7D
Houses, both new and old, sold in HPP in the last 30 days: 16
https://www.zillow.com/homes/recently_so...A%7B%7D%7D
Houses, both new and old, sold in HPP in the last 90 days: 48
https://www.zillow.com/homes/recently_so...A%7B%7D%7D
So for the last three months, 16 houses per month, on average, have closed in HPP. 89/16=5.5625
Amateur conclusion: HPP has over 5.5 months of inventory as of this posting.
*the links above are not static so the numbers will change over time.