Real Estate Math
A Delaware market has 450 active listings and an average of 75 sales per month. What is the months of inventory?
A6 months✓ Correct
B5 months
C7.5 months
D4 months
Explanation
Months of Inventory = Active Listings ÷ Monthly Sales = 450 ÷ 75 = 6 months. Six months is generally considered a balanced market — neither strongly favoring buyers nor sellers.
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