The number of homes listed for sale on 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 inventory, September 2014

Market Change from year ago Number of listings
Honolulu 27.5% 3,574
Orlando, Florida 25.8% 14,989
Miami 22.0% 16,967
Charleston, West Virginia 20.1% 1,447
West Arizona (RSA) 19.6% 2,662
Minneapolis-St. Paul, Minnesota-Wisconsin 19.0% 18,715
Fresno, California 18.4% 3,224
Riverside-San Bernardino, California 17.0% 20,117
Fort Lauderdale, Florida 16.8% 14,152
Hartford, Connecticut 15.5% 9,821


Listings were up from a year ago in 56 markets tracked by, with 16 markets seeing double-digit annual increases.

Top 10 markets with the greatest annual decrease in inventory, September 2014

Market Change from year ago
Number of listings
Las Vegas -37.9% 11,418
San Jose, California -36.2% 2,050
Columbus, Ohio -29.0% 8.175
Cincinnati -26.5% 7,521
Houston -25.2% 16,386
Washington, D.C. -25.0% 1,474
San Francisco -23.4% 2,397
Chicago -22.8% 47,130
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.

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