More homeowners listed their homes for sale in December compared to the same month the year before, according to a report from national real estate brokerage ZipRealty.
The number of multiple listing service listings for single-family homes and condominiums in 26 major markets rose 11.2 percent year-over-year in December, to 595,922 total.
Four out of the five markets experiencing the highest annual jumps in inventory are in California, and the fifth is in foreclosure-ridden Las Vegas, which saw its for-sale listings jump 50 percent.
Month-to-month, inventory has fallen four straight months, down 5.3 percent in December. All but one out of the 26 markets experienced a monthly drop. Orlando, Fla., remained essentially flat both month-to-month and year-over