U.S. Annual New-Listing Volume Number of New Listings Coming on Market by Year, since 2017*
5,750,000
5,607,592
5,566,808
5,487,794
5,500,000
5,305,954
5,206,662
| Mortgage Lock-In Effect Impacts New-Listing Activity|
5,250,000
5,000,000
4,837,242
Compared to the average annual number of new listings in 2017-2019 – before the pandemic hit – the number in 2023 was down by about 25%: Almost 1,400,000 fewer homes came on market.*
4,750,000
4,500,000
4,250,000
4,143,164
4,000,000
Spring 2020: Pandemic hits
Spring 2022: Interest rates soar
3,750,000
3,500,000
3,250,000
3,000,000
2,750,000
2,500,000
2017
2018
2019
2020
2021
2022
2023
*Per Realtor.com Research: https://www.realtor.com/research/data/, residential listings posted on site. Data from sources deemed reliable but may contain errors and subject to revision. All numbers approximate.
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