November Inventory Numbers

December 4, 2024

In November, there was a noticeable increase in the number of active listings on the market, which played a key role in shifting the overall inventory levels. As a result, these higher levels of available properties brought the market closer to a more balanced state. In some areas, this uptick in inventory even pushed conditions toward a seller’s market, depending on the specific dynamics of location and demand. This shift signifies a subtle change in market conditions, where the available housing options are starting to meet buyer demand more evenly, though in certain circumstances, sellers may still hold the upper hand.