U.S. Active Listings For Sale Market Dynamics & Seasonality since 2017
May 2017
June 2018
June 2019
The number of active listings in November 2024 was down 3% from October, but up 18% from November 2023. Inventory continues to run much lower than pre-pandemic norms.
2,000,000
1,800,000
May 2020
1,600,000
Oct. 2024
July 2021
July 2022
1,400,000
Oct. 2023
The number of active listings is affected by 1) how many new listings come on market, 2) how quickly buyers purchase them, 3) the sustained heat of the market over time, and 4) sellers removing their homes from the market without selling. The number typically rises and falls by season.
1,200,000
1,000,000
800,000
| The Pandemic Boom
|
600,000
Updated through November 2024
400,000
*Data copyright, National Association of Realtors®. All rights reserved. Used with permission. Existing homes (not new-construction): single-family dwellings, condos, co-ops. Not seasonally adjusted. Last month labeled “preliminary . ” Data from sources deemed reliable but may contain errors and subject to revision.
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