

Real Estate Market Report September 2022: Orleans & Jefferson
Let's take a look... At the real estate market. Currently, there are 710 sales pending in the market overall, leaving 1712 listings still for sale. The resulting pending ratio is 29.3% (710 divided by 2,422). So you might be asking yourself, that's great... but what exactly does it mean? I'm glad you asked! The pending ratio indicates the supply & demand of the market. Specifically, a high ratio means that listings are in demand and quickly going to contract. Alternatively, a


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