Months Supply of Inventory basically indicates how long it would take for all the homes that are on the market to be sold or absorbed, based on the amount of homes currently on the market and the rate that homes have been sold in the past. Why is this important? Because it’s an excellent indicator of how balanced the market is. In other words, it’s a good way to know if we are in a “Buyers Market” or “Sellers Market”.

A general rule of thumb is:

  • Sellers Market = Less than 6 months MSI
  • Buyers Market = More than 9 months MSI
  • Balanced Market = Around 6-9 months MSI

Click below to find out if your home is in a buyer’s or seller’s market for the previous months:

Marin County Area Chart and Price Band

Sonoma County Area Chart and Price Band