A Lot Goes Into an Average

Below is the monthly inventory sweep by zip code. Instead of ordering by the percent change to highlight trends, I have kept the zip codes in order for easy reference. The average 4% growth hides a lot of information.

Important note: When I set all the ZipRealty parameters to defaults for collecting the data, I didn't realize it included condos and multi-family units. The result of this oversight is to over inflate the month's inventory numbers I have reported in the past. I have corrected this to now only track single-family homes.

The percentage change from last month (including the condos and multi-family) and the new SF only inventory is reported below.