Total houses on the market 86 (100 last year) with a median of 2.475M (1.989M). Two years ago we were at 59 and in 2020 during pandemic peak impact we were at 90.
Pendings came charging back this week which was a bit of a surprise. But demand still feels really sluggish. Inventory has been mostly flat since July 4th.
Its hard to say which way the market will go next year and Im looking for signs. Will demand rebound in Spring like it usually does? Will supply continue to drop as sellers get even more dug in? Those are the things I’ll be watching for
