HOUSING INVENTORY IS LOW
Housing inventory is low nationwide which means there are fewer homes for buyers to choose from. There were 15.7% fewer homes for sale this March compared to 2019 according to Realtor.com’s
March Housing Report.
Additionally, median listing prices are up nationally at $320,000, 3.8% higher than in 2019.
If economic conditions worsen, the pool of buyers might shrink and home prices could drop. Why wait to sell when prices are possibly going to drop?
DID YOU KNOW?
Nationally, homes sold in 60 days in March—
four days more quickly than last year!