National Real Estate Insights December 2024

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.

Made with FlippingBook interactive PDF creator