Mendocino County: Laytonville Bransco
Months of Inventory (Absorption Rate Based on Closed Sales (%))
This information is sponsored by:
CA Dept. Real Estate: 02009074. Broker of Record NMLS : 1403204. Corporate NMLS: 1829222.
CA Dept. Insurance: OL88065.
Equal Housing Lender 
National Mortgage Licensing System
* All reports are published based on data available at the end of previous month. All reports presented are based on data supplied by BAREIS MLS. Neither the Association nor its MLS guarantees or is in anyway responsible for its accuracy. Data maintained by the Association or its MLS may not reflect all real estate activities in the market. Information deemed reliable but not guaranteed.
About the Months of Inventory Report
There are 2 kinds of Months of Inventory as follows:
- Months of Inventory based on Closed Sales (MOI based on Closed Sales)
MOI based on Closed Sales = the number of properties for sale divided by the number of properties sold. - Months of Inventory based on Pended Sales (MOI based on Pended Sales)
MOI based on Closed Sales = the number of properties for sale divided by the number of properties pended.
How to Use Months of Inventory Report?
Refer to For Sale vs. Sold Report for the number of properties for sale, pended and sold that are used to calculate the
Months of Inventory report. As a rule of thumb, an inventory level of less than three indicates a strong seller market
while an inventory level greater than six indicates a buyer’s market.