A simple way to judge how much room you have
The first question I would ask is whether the market is giving you room to think. Last month, Temecula, CA had 2.74 months of inventory, which tells me there was still some choice without tipping into a crowded, slow market.
Last month, inventory sat at 2.74 months, and that is enough to keep decisions selective without making the market feel frozen. I would not treat that as an open invitation to wait too long.
For a buyer, I would narrow the search early so the best homes do not get lost in indecision. For a seller, I would keep a close eye on how the market is rewarding homes that are priced with care from the start.
Be selective. Stay ready. Do not assume the same home will wait for you.
