This is the 'Months Supply of Inventory' for Elk Grove IL Homes (Multi-Family which is townhomes, condos, quads, duplexes) from June 2008 to June 2010.
This is also called the 'Conversion Rate' or how long and how much inventory is on the market in that particular town. Obviously, the higher the rate, the longer the market time for homes in that community.
Does your agent know the 'Conversion Rate' and will they share that information with you? It shouldn't be kept a secret because it plays a pivotal role in how your home should be marketed.
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Lyn, looks like you have several months of multi family listings for sale. Nice chart. Quite a difference from 2008.