The number of homes listed for sale on realtor.com was down 2.7 percent from a year ago in September, to 1.87 million, as inventories fell in 60 percent of 144 markets tracked, according to statistics released today.
|September 2014||Change from a year ago
||Change from August 2014|
|Number of listings||1.87 million||-2.65%||-7.87%|
|Median age of inventory||90 days||-3.23%||4.65%|
|Median list price||$214,900||7.72%||0.00%|
Seasonal factors contributed to a 7.9 percent decline in national inventory from August to September. The median age of inventory was up 4.6 percent from August, to 90 days. At $214,900, median list price was up 7.7 percent from a year ago but unchanged from August.
Top 10 markets with greatest annual increase in realtor.com inventory, September 2014
|Market||Change from year ago||Number of listings
|Charleston, West Virginia||20.1%||1,447|
|West Arizona (RSA)||19.6%||2,662|
|Minneapolis-St. Paul, Minnesota-Wisconsin||19.0%||18,715|
|Riverside-San Bernardino, California||17.0%||20,117|
|Fort Lauderdale, Florida||16.8%||14,152|
Listings were up from a year ago in 56 markets tracked by realtor.com, with 16 markets seeing double-digit annual increases.
Top 10 markets with the greatest annual decrease in realtor.com inventory, September 2014
|Market||Change from year ago
||Number of listings
|San Jose, California||-36.2%||2,050|
|Colorado Springs, Colorado||-21.3%||3,965|
|Central Florida (RSA)||-21.2%||3,089|
The number of listings on the market fell in 86 markets, including 33 that saw double-digit declines.