I look at supply, speed, and what that means for decisions.
If you are trying to decide how serious this market feels, start with supply. In Waxahachie, TX, months of inventory sat at 5.08 last month, which tells me there is enough choice to be selective without assuming the market is flooded.
Months of inventory sat at 5.08 last month, and that is the clearest supply signal I have. It tells me choices exist, but not so many that every listing gets ignored.
For Waxahachie, TX, that means buyers should compare options carefully and sellers should avoid testing the market with weak pricing. I would read this as a market where discipline still matters on both sides.
If I were working with a buyer, I would use the available selection to stay patient and compare value before acting. If I were working with a seller, I would focus on a clean launch so the home competes well from day one.
