Total houses on the market 98 (98 last year) with a median of 2.325M (1.799M). Two years ago we were at 49 and in 2020 during pandemic peak impact we were at 110.
I think it is significant that inventory here is at the high point for the year! That speaks to the soft demand more than anything. Looking at the flow of homes coming on the market it seems skewed toward long timers or their estates more than Ive seen in the past.
Could this finally be the Boomer Liquidation so many have been waiting for. I kinda think it is but I also dont see it as a flow but rather more of a trickle so far. That could change but for now the still historically low supply is keeping prices from dropping much