Have you heard? There are more homes for sale. And that means more options for your move compared to the same time last year.
But how much inventory has recovered is going to vary. In some areas, we’re back at more normal levels. But in others? We’ve still got a ways to go.
This visual breaks it down:
– There are more homes for sale than a year ago in every region (the blue bars).
– In the South and West, inventory is just above pre-pandemic levels (the green bars).
– But in the Northeast and Midwest? It’s still below normal, even though it’s growing (the red bars).
The market might be starting to rebalance as inventory grows, but what’s happening in your neighborhood could be very different from what’s happening nationally. This is why working with a local expert matters.
Let’s talk about how our area compares and what it means for your next move.
#HousingMarket #HousingTrends #KeepingCurrentMatters