How Many Months of Houses Are For Sale in Perrysburg Today?
March 25th, 2008 . by Jon ModeneShort answer?
TOO many.
Long answer – fewer than there were last year because many sellers have given up, quit trying, rented, or been foreclosed – and the banks take a long time to get inventory on the market.
Right now there are about 12.5 months of homes on the market.
You can argue about which formula to use to compute this number (and believe me – Realtors/brokers will argue about the correct methodology of including or not including new homes coming on the market, etc) but it is still a lot of homes.
Less than last year, but still too many.
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