BrokerageIndustry News

Top 10 metros for shrinking inventory

Realtor.com data shows 20 percent annual decline in US listings in May

Power up your Indie Brokerage
Don't miss Indie Broker Summit SF, Aug 7, 2017

Editor's note: Data collected and analyzed by Realtor.com through May 2012. Includes single-family homes, condos, townhomes and co-ops.  The national housing market continues to stabilize, according to data compiled by Realtor.com for 146 U.S. metros through May 2012. May continued April's year-over-year upswing, with for-sale inventory dropping 20.07 percent, median list prices jumping 3.17 percent to $194,900, and median age of for-sale inventory falling 9.78 percent compared to a year ago. Data Point Percent Change, May 2012 vs. May 2011 Number of Listings -20.07% Median List Price 3.17% Median Age of Inventory -9.78% As of May, national for-sale inventory stood at 1.88 million units, roughly 60 percent of a September 2007 inventory peak of 3.1 million units (2007 was the first year Realtor.com tracked this data nationally). Despite a slight 1.96 percent month-over-month increas...