Sales and Inventory Report Category - Residential
Statistics for Entire MLS from 1/1/2011 - 12/31/2011
Note: The "Current Inventory" column(s) reflect the number of active and contingent (on market) listings on the 1st day of each month.
The "Months Inventory" column(s) value(s) equal "Current Inventory" divided by "Monthly Sales".
This reflects how many months it would take to sell out of inventory at the current month's rate of sale.
Total Months Inventory = Total Current Inventory / (Total Monthly Sales/12 Months)
Statistics are compiled by the Charleston Trident Multiple Listing Service. Information on this report is not guaranteed.