Total houses on the market 74 (52 last year) with a median of 2.375M (2.2M). Two years ago we were at 25 and in 2021 after peak pandemic concern was dissipating we were at 49.
New listings are defintely picking up and anecdotally it seems like a higher share are long time owners selling. There are some signs of boomer liquidation.
This is when buyer demand should start really kicking up a notch. If it does not inventory could build quickly and start to influence prices. For now market feels more balanced than it has in a while
