Most homeowners don't need to know everything about the housing market. They just want answers to questions like: If I listed today, would my home sell quickly? Would buyers expect me to negotiate? Are prices still holding up in my neighborhood? Should I wait until next year? The good news is you don't need to watch the market every day to answer those questions. Five local metrics tell most of the story. Together, they reveal how competitive the market is, how buyers are behaving, and what that means for homeowners in Connecticut . Here are the five data points I track regularly, and why each matters. 1. Inventory: What's for Sale Near You Inventory is the total number of homes for sale in your area right now. That one number tells you who holds the power in a negotiation. Low inventory means fewer choices for buyers, which means more competition for your home if you list. High inventory means buyers have options, and you have to work harder to stand out. So, here’s the q...
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