To quickly sell a house, what is the ideal ratio of houses sold and for sale in a given neighborhood?

[Gerardo N.]

Hello all! My first post, I am new to investing.

If I'm looking at buying then reselling a house in a given neighborhood, what would be the ideal ratio between properties sold and properties for sale in said area for me to quickly make a sale?

Let's say I'm looking at Trulia.com and it gives me the numbers, how should I interpret the numbers of properties sold and properties for sale?

Thank you to anyone who would respond.

[J Scott]

In theory, lots of properties sold and zero currently listed makes for the best market. That tells you that people want to buy in that area (high demand) but that there isn't much to buy at the current time (low supply). High demand and low supply makes for a seller's market.