I didn’t run counts on each of the brackets, but my guess is that the low end (under 750) is the most frequent.
Median market time for Coronado is approx. 119 days (last 90 days, detached homes). 33 homes in dataset.
Yes, these are market times for just homes that sold, which is useful for getting an idea of how long it will take to sell IF it does sell. Months of Inventory is my predictive way of assessing that question because it uses the current inventory number.
Do you think it makes sense to create a “average inventory” computation where we add up the total volume of homes on market each day for a month and divide by days in month. This would help factor in all homes that were listed but cancelled/expired (not relisted). Any comments on whether that has any value?
