The graph below shows the amount of Loomis homes for sale as months of inventory. We consider less than 2 months of inventory a seller’s market. A balanced market or neutral market would be 3 to 6 months of inventory. When our inventory reaches over 6 months, it is considered a buyer’s market. This is a broad based overview for Loomis. When determining the market for a specific home, additional things would need to be considered to determine the actual market for the home.
If you would like a more detailed report, such as size or age of home, contact me. Even different zip codes, counties, etc.
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