The Seller : Buyer
Ratio is one of the barometers most frequently used by
professional housing market analysts and very professional real estate brokers.
This relationship is expressed as a ratio between the number of home sellers
with a home to sell, compared to the number of buyers who have contracted to
purchase a home during a given month. So, a ratio of 10:1 would indicate there
to be 10 sellers for every 1 home buyer, thus indicating an oversupplied market
condition, and certainly not the case in DTJC at the moment. Conversely, a
ratio of 1:1 would indicate a buyer for every home on the market, thus
indicating strong market demand, quick marketing times and declining unsold
inventory. Significant changes in this ratio typically provide an early warning
of changing market conditions.
For September 2016 the Seller to Buyer Ratio in DTJC is
2:1, meaning there are two sellers for every...