Even though it is summer time the data doesn’t stop coming and RBI has been hard at work analyzing the sales and new listings of our coverage area. They just published a detailed look at the area’s low inventory numbers to see how much of a mismatch there was between supply and demand.
Author Lisa A. Sturtevant from George Mason University’s Center for Regional Analysis sliced and diced the numbers to find out that the low inventory trend everyone has been writing about isn’t evenly distributed through the region. The demand is also disproportionate by property type—with townhouses and condominiums being the type of property people purchased the most.
Head over to the Washington Post for the full rundown with plenty of charts and graphs to explain it all.