Below is a chart showing the months of inventory of homes on the Austin MLS as of October 2010:

Area   Months Inventory
2   9.4
3   8.9
4   12.3
5   16.8
6   8.5
7   5.8
9   13.7
11   7.0
10N   7.2
10S   9.7
1A   8.0
1B   8.8
1N   7.1
2N   6.5
3E   15.5
5E   6.3
8E   12.4
8W   16.2
BA   9.0
BL   8.5
BU   29.1
BW   14.9
CC   17.4
CLN   7.8
CLS   7.5
CM   27.7
DT   17.8
EL   6.5
FC   22.0
GP   5.0
GTE   14.3
GTW   9.1
GZ   9.0
HD   8.8
HH   8.7
HS   11.9
HU   6.2
HW   16.5
JA   13.8
LH   7.2
LL   33.0
LN   12.9
LS   10.3
LW   24.8
MA   5.5
MC   23.7
N   10.3
NE   9.7
NW   5.3
OT   19.3
PF   8.3
RN   8.0
RRE   6.4
RRW   8.0
SC   12.1
SE   4.7
SH   5.0
SV   18.8
SWE   6.5
SWW   3.8
TCT   16.2
UT   12.6
W   5.3
WE   5.8
WW   11.5

 

To calculate months of inventory, we take the number of homes that sold in each MLS area and divide it by the current inventory of available homes in that area.

This information was provided to us by Gracy Title.

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