Neighborhood Report for Magnolia Cove

"Inventory" represents how many months it would take, given recent sales trends, for all homes in the neighborhood to be sold. Generally, more than 6 months of inventory suggests a "buyer's market."

Over the past year, an average of 0.3 homes per month have sold in Magnolia Cove, and 4 homes are on the market now, so Magnolia Cove has 16 months of inventory.