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Northern Illinois Real Estate Market Reports

Area NameMonth Supply Inventory
Abingdon Real Estate12
Adams Real Estate12
Addison Real Estate6.84
Albany Real Estate10
Alexis Real Estate12
Algonquin Real Estate5.84
Allerton Real Estate2.4
Alsip Real Estate5.64
Alton Real Estate24
Alvin Real Estate12
Amboy Real Estate9.68
Anchor Real Estate12
Ancona Real Estate12
Antioch Real Estate7.53
Apple River Real Estate24
Arcola Real Estate13.33
Argenta Real Estate12
Argyle Real Estate12
Arlington Real Estate12
Arlington Heights Real Estate7.17
Armington Real Estate72
Armstrong Real Estate12
Aroma Park Real Estate5.14
Arrowsmith Real Estate13.71
Arthur Real Estate36
Ashkum Real Estate8.73
Ashton Real Estate6.95
Atlanta Real Estate45.6
Atwood Real Estate6
Aurora Real Estate4.73
Baileyville Real Estate12
Bangor Real Estate12
Bannockburn Real Estate27.27
Barrington Real Estate14.17
Barrington Hills Real Estate27.84
Bartlett Real Estate5.48
Batavia Real Estate8.35
Beach Park Real Estate6.12
Beason Real Estate12
Beaverville Real Estate16
Bedford Park Real Estate7.5
Beecher Real Estate6.71
Belleville Real Estate24
Bellflower Real Estate16
Bellwood Real Estate5.52
Beloit Real Estate6
Belvidere Real Estate4.9
Bement Real Estate7.58
Bensenville Real Estate6.27
Benson Real Estate8
Benton Real Estate12
Berkeley Real Estate5.6
Berwyn Real Estate7.93
Beverly Shores Real Estate12
Big Rock Real Estate7.2
Bismarck Real Estate12
Bismark Real Estate12
Bloomingdale Real Estate6.6
Bloomington Real Estate5.21
Blue Island Real Estate9.34
Bolingbrook Real Estate5.21
Bondville Real Estate4
Bonfield Real Estate5.25
Bourbonnais Real Estate6.26
Braceville Real Estate12
Bradford Real Estate24
Bradley Real Estate2.58
Braidwood Real Estate4.67
Bridgeview Real Estate7.71
Bristol Real Estate7.89
Broadlands Real Estate24
Broadview Real Estate4.77
Brocton Real Estate24
Brookfield Real Estate5.23
Buckingham Real Estate4.8
Buckley Real Estate10.91
Buda Real Estate19.2
Buffalo Grove Real Estate8.04
Bull Valley Real Estate24
Burbank Real Estate7.04
Bureau Real Estate6
Burlington Real Estate15.65
Burnham Real Estate5.2
Burnside Real Estate12
Burr Ridge Real Estate14.97
Bushnell Real Estate12
Byron Real Estate6.96
Cabery Real Estate7.5
Caledonia Real Estate15.33
Calumet City Real Estate7.57
Calumet Park Real Estate6.89
Camargo Real Estate10.29
Campton Hills Real Estate21
Canton Real Estate24
Capron Real Estate5.68
Carbondale Real Estate12
Carlock Real Estate10.15
Carol Stream Real Estate4.64
Carpentersville Real Estate5.06
Cary Real Estate6.27
Catlin Real Estate1.71
Cedar Lake Real Estate12
Cedar Point Real Estate6
Cedarville Real Estate2.4
Centralia Real Estate12
Chadwick Real Estate30
Champaign Real Estate5.47
Chana Real Estate72
Channahon Real Estate7.17
Charleston Real Estate12
Chatham Real Estate12
Chatsworth Real Estate4.94
Chebanse Real Estate10.15
Chenoa Real Estate13.92
Cherry Valley Real Estate3.21
Chesterton Real Estate4.5
Chestnut Real Estate6
Chicago Real Estate7.07
Chicago Heights Real Estate5.9
Chicago Ridge Real Estate5.63
Cicero Real Estate4.82
Cisco Real Estate4
Cissna Park Real Estate16.62
Clare Real Estate4
Clarence Real Estate12
Clarendon Hills Real Estate9.51
Clifton Real Estate5.74
Clinton Real Estate10.9
Coal City Real Estate6.79
Coffeen Real Estate12
Colfax Real Estate56.57
Compton Real Estate6.67
Congerville Real Estate48
Cooksville Real Estate12
Cornell Real Estate3.43
Cortland Real Estate3.95
Country Club Hills Real Estate6.85
Countryside Real Estate6.53
Crescent City Real Estate9.6
Crest Hill Real Estate4.91
Creston Real Estate7.2
Crestwood Real Estate3.6
Crete Real Estate6.75
Crown Point Real Estate7.68
Crystal Lake Real Estate6.32
Cuba Real Estate12
Cullom Real Estate8
Culver Real Estate12
Custer Park Real Estate11.2
Dallas City Real Estate24
Dalzell Real Estate3
Danforth Real Estate8
Danvers Real Estate9.88
Danville Real Estate8.07
Darien Real Estate6.35
Davis Real Estate8.4
Davis Junction Real Estate8.69
Decatur Real Estate16
Deer Creek Real Estate6
Deerfield Real Estate7.76
Deer Grove Real Estate24
Deer Park Real Estate9.05
Dekalb Real Estate4.85
Deland Real Estate6
Delavan Real Estate8.73
Demotte Real Estate4
Depue Real Estate6
Des Plaines Real Estate6.36
Dewey Real Estate7.2
Dewitt Real Estate4.8
Diamond Real Estate6.72
Dixmoor Real Estate4.8
Dixon Real Estate6.61
Dolton Real Estate7.65
Donovan Real Estate5.14
Douglas Real Estate36
Dover Real Estate12
Downers Grove Real Estate7.83
Downs Real Estate18.46
Dundee Real Estate16.42
Dune Acres Real Estate12
Dunlap Real Estate12
Du Quoin Real Estate24
Durand Real Estate6.55
Dwight Real Estate11.18
Dyer Real Estate4
Eagle Real Estate12
Earlville Real Estate8.25
East Dundee Real Estate6.1
East Hazel Crest Real Estate14.4
East Moline Real Estate6
East Peoria Real Estate16
East Troy Real Estate24
Eddyville Real Estate12
Elburn Real Estate8.1
Elgin Real Estate5.58
Elizabethtown Real Estate12
Elk Grove Village Real Estate6.4
Elkhorn Real Estate8
Ellison Bay Real Estate12
Ellsworth Real Estate20
Elmhurst Real Estate9.34
Elmwood Park Real Estate7.49
El Paso Real Estate16.89
Elwood Real Estate4.94
Emden Real Estate6
Emington Real Estate36
Erie Real Estate12
Esmond Real Estate12
Essex Real Estate5.14
Eureka Real Estate12
Evanston Real Estate6.85
Evergreen Park Real Estate5.46
Fairbury Real Estate11.25
Fairmount Real Estate9.6
Fairview Heights Real Estate12
Farmer City Real Estate9.26
Fennville Real Estate36
Fenton Real Estate12
Fisher Real Estate9.94
Fithian Real Estate10.29
Flanagan Real Estate14.18
Flossmoor Real Estate6.39
Fontana Real Estate4
Foosland Real Estate12
Ford Heights Real Estate6
Forest Park Real Estate6.53
Forest View Real Estate2.67
Forrest Real Estate19.5
Forreston Real Estate13.33
Fox Lake Real Estate7.07
Fox River Grove Real Estate6.07
Frankfort Real Estate8.3
Franklin Grove Real Estate5.33
Franklin Park Real Estate4.31
Franksville Real Estate12
Freeport Real Estate6.72
Fulton Real Estate7.45
Gages Lake Real Estate12
Galena Real Estate20.4
Galesburg Real Estate8
Garden Prairie Real Estate10.8
Gardner Real Estate9.75
Gary Real Estate4
Geneseo Real Estate12
Geneva Real Estate7.83
Genoa Real Estate6.59
Genoa City Real Estate3
Georgetown Real Estate1.89
Gibson City Real Estate5
Gifford Real Estate10
Gilberts Real Estate7.86
Gilman Real Estate10.15
Glasford Real Estate12
Glencoe Real Estate7.48
Glendale Heights Real Estate4.04
Glen Ellyn Real Estate8.06
Glenview Real Estate9.73
Glenwood Real Estate4.74
Godley Real Estate2.4
Golf Real Estate22
Goodfield Real Estate24
Gorham Real Estate12
Grand Ridge Real Estate12
Granite City Real Estate6
Grant Park Real Estate7.2
Granville Real Estate8
Graymont Real Estate48
Grayslake Real Estate7.35
Green Oaks Real Estate9.6
Gridley Real Estate16
Griffith Real Estate1.5
Groveland Real Estate12
Gurnee Real Estate5.59
Hainesville Real Estate4
Hammond Real Estate2.4
Hampshire Real Estate7.31
Hanover Real Estate60
Hanover Park Real Estate5.35
Harding Real Estate12
Harmon Real Estate12
Harrisburg Real Estate12
Harvard Real Estate7.01
Harvey Real Estate7.53
Harwood Heights Real Estate7.87
Hawthorn Woods Real Estate14.4
Hazel Crest Real Estate7.35
Hebron Real Estate6.18
Hennepin Real Estate2.57
Henry Real Estate12
Herrick Real Estate12
Herrin Real Estate6
Herscher Real Estate3.53
Heyworth Real Estate16.59
Hickory Hills Real Estate8.52
Highland Real Estate2.4
Highland Park Real Estate13.05
Highwood Real Estate8.57
Hillsboro Real Estate12
Hillsdale Real Estate12
Hillside Real Estate7.2
Hinckley Real Estate13.2
Hinsdale Real Estate14.39
Hobart Real Estate1.71
Hodgkins Real Estate9
Hoffman Estates Real Estate6.65
Holcomb Real Estate4
Holiday Hills Real Estate5.14
Holland Real Estate12
Homer Real Estate11
Homer Glen Real Estate8.68
Hometown Real Estate3.24
Homewood Real Estate6.29
Hoopeston Real Estate5.33
Hopedale Real Estate24
Hopkins Park Real Estate12
Hudson Real Estate24.96
Hume Real Estate12
Huntley Real Estate5.75
Indian Creek Real Estate8.4
Indian Head Park Real Estate6.3
Ingleside Real Estate7.62
Inverness Real Estate16.3
Iron River Real Estate12
Iroquois Real Estate6
Island Lake Real Estate6.29
Itasca Real Estate6.65
Ivanhoe Real Estate16.8
Ivesdale Real Estate14.4
Jacksonville Real Estate12
Johnsburg Real Estate8
Johnston City Real Estate12
Joliet Real Estate4.59
Justice Real Estate7.3
Kankakee Real Estate6.28
Kansas Real Estate12
Kansasville Real Estate24
Kempton Real Estate8
Kenilworth Real Estate21.45
Kenney Real Estate12
Kenosha Real Estate5.1
Kewanee Real Estate7.64
Kildeer Real Estate17.29
Kingston Real Estate7.74
Kinsman Real Estate9
Kirkland Real Estate4.59
Knox Real Estate12
Lac Du Flambeau Real Estate12
Lacon Real Estate3
Lacrosse Real Estate12
Ladd Real Estate4.8
La Grange Real Estate7.92
La Grange Highlands Real Estate8.23
La Grange Park Real Estate4.49
Lake Barrington Real Estate17.65
Lake Bluff Real Estate12.67
Lake Carroll Real Estate48
Lake Forest Real Estate17.14
Lake Gen Real Estate12
Lake Geneva Real Estate14.77
Lake Holiday Real Estate4.87
Lake In The Hills Real Estate5.28
Lake Marian Real Estate12
Lakemoor Real Estate4.22
Lake Summerset Real Estate10.5
Lake Thunderbird Real Estate12
Lake Villa Real Estate6.13
Lakewood Real Estate9.47
Lake Zurich Real Estate7.7
Lamoille Real Estate8.4
Lanark Real Estate12
Lane Real Estate24
Lansing Real Estate4.93
Laporte Real Estate24
Lasalle Real Estate6.92
Latham Real Estate12
Lawton Real Estate12
Leaf River Real Estate6
Lee Real Estate6
Lee Center Real Estate12
Leland Real Estate4.42
Lemont Real Estate11.32
Lena Real Estate6.67
Lerna Real Estate12
Leroy Real Estate19.86
Lexington Real Estate22.96
Leyden Township Real Estate1.33
Libertyville Real Estate10.33
Lincoln Real Estate33.6
Lincolnshire Real Estate13.98
Lincolnwood Real Estate9.92
Lindenhurst Real Estate5.2
Lindenwood Real Estate2.4
Linn Real Estate24
Lisle Real Estate6.5
Lockport Real Estate5.16
Loda Real Estate29.6
Lombard Real Estate5.31
Long Grove Real Estate18.29
Long Point Real Estate12
Longview Real Estate36
Lostant Real Estate6
Loves Park Real Estate3.34
Lovington Real Estate12
Lowell Real Estate4.44
Ludlow Real Estate12
Lyndon Real Estate24
Lynwood Real Estate6.96
Lyons Real Estate7.04
Machesney Park Real Estate4.53
Mackinaw Real Estate35.2
Macomb Real Estate24
Magnolia Real Estate16
Mahomet Real Estate8.08
Malden Real Estate48
Malta Real Estate4.89
Manhattan Real Estate11.73
Manitowoc Real Estate12
Manlius Real Estate2.4
Mansfield Real Estate8.67
Manteno Real Estate4.34
Manville Real Estate12
Maple Park Real Estate9.55
Marengo Real Estate8.74
Marion Real Estate24
Marissa Real Estate12
Mark Real Estate3
Markham Real Estate7.3
Maroa Real Estate9.6
Marseilles Real Estate9.18
Martinton Real Estate22.5
Matteson Real Estate6.39
Mattoon Real Estate12
Maywood Real Estate5.42
Mazon Real Estate2.22
Mcconnell Real Estate12
Mccullom Lake Real Estate1.09
Mchenry Real Estate6.45
Mclean Real Estate14.67
Mcnabb Real Estate3.43
Medinah Real Estate7.88
Melrose Park Real Estate5.54
Melvin Real Estate6
Mendota Real Estate6.76
Merrillville Real Estate25.33
Merrionette Park Real Estate2.77
Mettawa Real Estate78
Michigan City Real Estate18
Midlothian Real Estate5.63
Milford Real Estate5.33
Milledgeville Real Estate7
Millington Real Estate8.57
Milton Real Estate12
Mineral Real Estate12
Minier Real Estate14.25
Minonk Real Estate18.46
Minooka Real Estate5.72
Mokena Real Estate6.72
Moline Real Estate12
Momence Real Estate8.67
Monee Real Estate6.86
Monroe Center Real Estate8
Montgomery Real Estate5.32
Monticello Real Estate6.26
Morris Real Estate5.16
Morrison Real Estate8.52
Morton Real Estate12
Morton Grove Real Estate7.47
Mount Carroll Real Estate60
Mount Morris Real Estate6.55
Mount Prospect Real Estate7.79
Mt. Carroll Real Estate36
Mt Pleasant Real Estate12
Mulberry Grove Real Estate12
Mundelein Real Estate6.65
Munster Real Estate6
Murphysboro Real Estate12
Naperville Real Estate7.08
Nauvoo Real Estate12
Nelson Real Estate12
Neponset Real Estate24
Newark Real Estate9.73
New Lenox Real Estate6.26
New Lisbon Real Estate12
Newman Real Estate4
Niles Real Estate7.16
Niota Real Estate12
Normal Real Estate10.25
Norridge Real Estate11.62
North Aurora Real Estate6.52
North Barrington Real Estate20.84
Northbrook Real Estate9.74
North Chicago Real Estate4.49
Northfield Real Estate11.21
North Freedom Real Estate12
Northlake Real Estate4.2
North Riverside Real Estate4.8
Norwood Park Real Estate12
Nottingham Park Real Estate9
Oak Brook Real Estate14.23
Oakbrook Terrace Real Estate7.8
Oak Forest Real Estate5.41
Oakland Real Estate36
Oak Lawn Real Estate6.41
Oak Park Real Estate8.83
Oakwood Real Estate9.33
Oakwood Hills Real Estate11.2
Odell Real Estate7.64
O''''fallon Real Estate12
Ogden Real Estate18
Ogden Dunes Real Estate12
Oglesby Real Estate7.89
Ohio Real Estate13.5
Old Mill Creek Real Estate18
Olympia Fields Real Estate8.32
Onarga Real Estate13.5
Orangeville Real Estate12
Oreana Real Estate12
Oregon Real Estate9.18
Orland Hills Real Estate3.95
Orland Park Real Estate6.42
Oswego Real Estate6.45
Ottawa Real Estate8.89
Out Of Market Area Real Estate60
Paddock Lake Real Estate3.27
Palatine Real Estate7.55
Palos Heights Real Estate6.12
Palos Hills Real Estate5.95
Palos Park Real Estate10.18
Pana Real Estate36
Panola Real Estate24
Paris Real Estate36
Park City Real Estate1.71
Park Forest Real Estate7.07
Park Ridge Real Estate8.22
Paw Paw Real Estate5.33
Paxton Real Estate8.57
Pecatonica Real Estate8.57
Pekin Real Estate24
Pembroke Twp Real Estate12
Penfield Real Estate24
Peoria Real Estate42.86
Peoria Heights Real Estate36
Peotone Real Estate8.59
Peru Real Estate4.83
Pesotum Real Estate12
Philo Real Estate4.91
Phoenix Real Estate14.67
Pingree Grove Real Estate4.46
Piper City Real Estate12
Pittsfield Real Estate12
Plainfield Real Estate5.97
Plano Real Estate5.68
Pleasant Plains Real Estate12
Pleasant Prairie Real Estate6.26
Polo Real Estate4.94
Pontiac Real Estate9.74
Poplar Grove Real Estate6.77
Portage Real Estate1.78
Port Barrington Real Estate7.6
Porter Real Estate12
Posen Real Estate6.75
Potomac Real Estate16
Potosi Real Estate12
Prairie Grove Real Estate12.75
Prairie View Real Estate9.33
Princeton Real Estate8.53
Prophetstown Real Estate4.15
Prospect Heights Real Estate8.95
Putnam Real Estate28
Quincy Real Estate12
Racine Real Estate12
Randall Real Estate12
Rankin Real Estate54
Ransom Real Estate8
Rantoul Real Estate5.84
Reddick Real Estate9.6
Rensselaer Real Estate24
Richmond Real Estate6.99
Richton Park Real Estate5.47
Ridge Farm Real Estate4.8
Ridott Real Estate6
Ringwood Real Estate6
Riverdale Real Estate7.96
River Forest Real Estate11.34
River Grove Real Estate7.81
Riverside Real Estate11.17
Riverwoods Real Estate16.44
Roanoke Real Estate72
Robbins Real Estate5.28
Roberts Real Estate14.4
Robinson Real Estate12
Rochelle Real Estate5.72
Rockdale Real Estate1.33
Rock Falls Real Estate5.95
Rockford Real Estate4.45
Rock Island Real Estate18
Rockton Real Estate4.88
Rolling Meadows Real Estate7.39
Romeoville Real Estate5
Roscoe Real Estate5.34
Roselle Real Estate5.76
Rosemont Real Estate7.2
Rossville Real Estate30
Round Lake Real Estate5.04
Round Lake Beach Real Estate4.39
Round Lake Heights Real Estate2.32
Round Lake Park Real Estate3.78
Roxana Real Estate12
Royal Real Estate8
Rutland Real Estate24
Sadorus Real Estate7.2
Salem Real Estate5.09
Salem Lakes Real Estate12
Sandwich Real Estate5.24
San Jose Real Estate12
Saugatuck Real Estate60
Sauk Village Real Estate5.43
Saunemin Real Estate12
Savanna Real Estate14.4
Savoy Real Estate7.14
Saybrook Real Estate13
Scales Mound Real Estate36
Schaumburg Real Estate5.7
Schiller Park Real Estate5.4
Seatonville Real Estate8
Secor Real Estate48
Seneca Real Estate13.2
Serena Real Estate8
Seymour Real Estate28
Shabbona Real Estate9.47
Shannon Real Estate36
Sheffield Real Estate4.8
Shelbyville Real Estate60
Sheldon Real Estate9
Sheridan Real Estate8.23
Sherman Real Estate12
Shirley Real Estate20
Shorewood Real Estate7.23
Sibley Real Estate24
Sidney Real Estate7.2
Sister Bay Real Estate24
Skokie Real Estate7.49
Sleepy Hollow Real Estate6.69
Somers Real Estate12
Somonauk Real Estate6
South Barrington Real Estate18.99
South Beloit Real Estate3.32
South Chicago Heights Real Estate6.35
South Elgin Real Estate5.3
South Haven Real Estate12
South Holland Real Estate5.77
South Wilmington Real Estate4
Sparland Real Estate12
Springfield Real Estate18
Spring Grove Real Estate8.6
Spring Lake Real Estate12
Spring Valley Real Estate5.79
Standard Real Estate48
Stanford Real Estate22.67
St. Anne Real Estate11.1
St. Charles Real Estate8.2
Steger Real Estate4.84
Sterling Real Estate5.82
Steward Real Estate12
Stickney Real Estate7.82
Stillman Valley Real Estate3.13
St John Real Estate6
St. John Real Estate9.33
St. Joseph Real Estate7.52
Stockland Real Estate24
Stockton Real Estate12
Stone Park Real Estate7.5
Strawn Real Estate24
Streamwood Real Estate5.61
Streator Real Estate6.97
Sturgeon Bay Real Estate12
Sublette Real Estate9.6
Sugar Grove Real Estate6.75
Sullivan Real Estate24
Summit Real Estate11.44
Sun River Terrace Real Estate1.71
Sycamore Real Estate5.21
Tampico Real Estate5.6
Thawville Real Estate4
Third Lake Real Estate7.76
Thomasboro Real Estate16
Thomson Real Estate16
Thornton Real Estate5.05
Tilden Real Estate12
Tilton Real Estate4
Tinley Park Real Estate5.78
Tiskilwa Real Estate24
Toledo Real Estate12
Tolono Real Estate6.13
Toluca Real Estate6
Tonica Real Estate17.14
Toulon Real Estate12
Towanda Real Estate18
Tower Lakes Real Estate18
Tremont Real Estate12
Trevor Real Estate5.6
Triumph Real Estate12
Trout Valley Real Estate8.31
Troy Grove Real Estate12
Tuscola Real Estate7.56
Twin Lakes Real Estate3.69
Union Real Estate4.32
Union Grove Real Estate24
University Park Real Estate6
Urbana Real Estate5.71
Utica Real Estate6.35
Valparaiso Real Estate8
Varna Real Estate10.62
Vernon Hills Real Estate8.55
Verona Real Estate24
Victoria Real Estate12
Villa Grove Real Estate8.25
Villa Park Real Estate4.36
Volo Real Estate6.66
Wadsworth Real Estate8.57
Wagner Real Estate12
Walnut Real Estate7.71
Wapella Real Estate48
Warren Real Estate48
Warrenville Real Estate6.29
Washburn Real Estate12
Washington Real Estate36
Waterford Real Estate48
Waterman Real Estate3.43
Watseka Real Estate13
Wauconda Real Estate6.43
Waukegan Real Estate6.24
Wayne Real Estate16.39
Waynesville Real Estate4
Wedron Real Estate12
Weldon Real Estate21.6
Wellington Real Estate12
Wenona Real Estate9.33
Westchester Real Estate6.27
West Chicago Real Estate5.81
West Dundee Real Estate7.89
Western Springs Real Estate7.81
West Frankfort Real Estate60
Westmont Real Estate6.18
Westville Real Estate12
Wheatland Real Estate12
Wheaton Real Estate7.75
Wheeling Real Estate6.48
White Heath Real Estate3.79
White Pigeon Real Estate12
Whiting Real Estate12
Wildwood Real Estate8
Willowbrook Real Estate8.63
Willow Springs Real Estate8.67
Wilmette Real Estate7.83
Wilmington Real Estate8.94
Winfield Real Estate6.87
Winnebago Real Estate6.33
Winnetka Real Estate9.74
Winslow Real Estate8
Winthrop Harbor Real Estate6.77
Wonder Lake Real Estate5.11
Wood Dale Real Estate5.73
Woodland Real Estate48
Woodridge Real Estate5.38
Wood River Real Estate24
Woodstock Real Estate5.87
Worth Real Estate6
Wyanet Real Estate9.43
Xenia Real Estate12
Yorkville Real Estate7.66
Zion Real Estate5.56

Find this month performance of Chicago Real Estate Market by Neighborhood on the map. Chicago is devised into the communities or neighborhoods and each has its own hyper local real estate market trend.

Each Chicago real estate market presented in the infrasonic format. Main indicator of the real estate market performance is the amount of month supply of inventory. Months of supply is the measure of how many months it would take for the current inventory of homes on the market to sell, if no new homes added to the market.

For example, if there are 100 homes on the market and 120 homes sold in the last 12 month, that would be 10 homes per month, there is a 100 active homes divided by 10 homes on average sold per month would indicate 10 month supply of homes for sale.