Months of Supply

Months of Supply Heatmap: Measure Market Balance with Precision

The Months of Supply (MoS) Heatmap, powered by Cityscape’s advanced analytics, offers a clear picture of the balance between housing supply and demand in neighborhoods and subdivisions. By calculating how long it would take for all currently listed properties to sell at the current sales pace, this tool provides valuable insights into market dynamics for buyers, sellers, investors, and agents.

What is Months of Supply (MoS)?

Months of Supply is a metric that measures the relationship between the number of active listings and the current sales rate. It indicates the amount of time it would take for all listed properties to sell if no new inventory were added.

Low MoS (Seller’s Market): Indicates high demand and low inventory, often resulting in competitive markets and rising prices.

High MoS (Buyer’s Market): Reflects greater inventory and lower demand, giving buyers more options and negotiating power.

How is Months of Supply Calculated?

To calculate MoS:

Determine the Average Monthly Sales: Divide the total number of sales over the past 12 months by 12. For example:

Total sales over 12 months: 139
Average monthly sales: 139 / 12 = 11.58 homes per month.

Divide Active Listings by Average Monthly Sales:

Current active listings: 89
MoS: 89 / 11.58 = 7.69 months.

This value shows how many months it would take to sell the current inventory at the existing sales pace.

Key Benefits of the Months of Supply Heatmap

1. Empower Buyers

Understand market conditions in your preferred areas. Use MoS data to identify buyer’s markets where inventory levels provide more choices and stronger negotiating positions.

2. Support Sellers

Gauge the competitiveness of your local market. Use MoS insights to determine pricing strategies and anticipate buyer behavior.

3. Guide Investors

Evaluate markets with balanced or favorable conditions. Identify opportunities in areas with stable or improving MoS metrics to maximize returns.

4. Assist Agents

Provide clients with actionable insights into market conditions. Use MoS data to set realistic expectations for buyers and sellers.

Features of the Months of Supply Heatmap

• Granular Insights: Analyze MoS data at the neighborhood and subdivision level.
• Real-Time Updates: Reflects the most recent listing and sales data for accurate decision-making.
• Customizable Views: Tailor the heatmap to focus on specific property types, price ranges, or regions.
• Interactive Visualization: Simplifies complex metrics into accessible visuals for all users.

Practical Applications

• Market Timing: Help buyers and sellers time their transactions based on MoS trends.
• Pricing Strategies: Use MoS data to guide pricing decisions and set realistic expectations.
• Inventory Analysis: Monitor supply trends to anticipate shifts in market balance.
• Investment Planning: Identify areas with favorable supply and demand conditions for property investments.

Why Choose Our Months of Supply Heatmap?

Cityscape’s MoS Heatmap combines robust data with advanced analytics to deliver unparalleled insights. Its hyper-local focus ensures that you have the information needed to navigate the market effectively. Whether you’re buying, selling, or investing, this tool provides the clarity needed to succeed.

Start Exploring Market Balance Today

Unlock the power of supply and demand insights with Cityscape’s Months of Supply Heatmap. Gain a deeper understanding of market dynamics and position yourself for success.

Explore the heatmap now and discover how MoS is shaping your local real estate market!