What is Months of Inventory (MOI)?

Months of Inventory (MOI) is the relationship of sales pace to the number of properties currently on the market if no additional homes were added to the supply. It is calculated by determining the number of homes sold per month and dividing by the total number of properties for sale on the last day of the month. It is susceptible to changes in supply and/or sales pace.

MOI - tells a company/agent how the market is doing regarding supply and demand

Months’ supply of inventory refers to the number of months it would take for the current inventory of homes on the market to sell given the current sales pace.