Particularly noteworthy is the market wide month supply of inventory (MSI) at 4.5 months. While this figure does not give relief to properties at the extremes of the price range spectrum, it is a barometer of market health which as recently as December was in the 7.4 month range.

ARMLS staff provides this commentary on the market as fact-based analysis, not as opinion or edi-torial positioning. Your comments are welcome and opposing viewpoints on interpretation of the market trends identified in STAT are welcome. Send your comments to
communication@ARMLS.com .

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