In the last 3 months, 57 homes have sold and 187 are currently on the market. Plus, 128 new listings came on the market and 57 were sold. This means there is 9.8 months of inventory available today. A balanced market is defined as having 5 – 7 months of inventory, while a seller’s market has less than 5 months of inventory and a buyer’s market has more than 7 months of inventory.