12%
The increase in inventory levels for single family homes in North Fulton from Jan 1st of this year to the end of April. While we are in the middle of the spring / summer selling season this is a very low rate of increase – which is good news for home sellers.
On the last day of each month I post a “Big Number” or interesting figure related to real estate in our area.
What is the typical rate of increase of inventory levels during this time of year?
Barry, each year inventory levels typically peak in June and the low point is December. While inventory levels have been going down since the peak in 2007 we still seen an increase within each year (they spring / summer selling season). Inventory levels for North Fulton in December of 2009 was 1426 and in June of 2010 was 2034 – 42% up. However, this year inventory seems to be remaining rather flat.