Weber County Inventory Snapshot: March 2012

Last October, I posted about Weber County housing inventory levels to see where the hot spots in the markets were. Since that time, it appears that the winter season has caused inventory levels to decline while sales have been fairly consistent over the same period. 

Here is a table of Weber County cities ranked lowest to highest on the Months of Inventory available.

This is a loose measure of where "healthy" markets exist.  We typically like to see inventory levels below 6 months.  Anything above that could be considered a "buyers" market. 

Granted, there are some things that could distort these figures.  This chart doesn't reflect distressed sales as opposed to retail sales.  Nevertheless, it is still a good measuring tool.  It will be interesting to watch the sales unfold this Spring.