Logo
July 18, 2023

Low Housing Inventory Is a Sweet Spot for Sellers [INFOGRAPHIC]

miniature house held on hands, open hands

Today’s housing inventory is still well below typical inventory levels. If you’re thinking of selling your house, this is good news for you. According to REALTOR.com, on average, active inventory in June was 50.6% below pre-pandemic 2017-2019 levels.


Homes that are priced correctly are selling quickly and seeing multiple offers. According to NAR, as compared to May 2023, in June 2023, the percentage of homes sold in less than a month is up slightly to 74%. Month-over-month, the median days on market is down to 18 days. The average number of offers has increased month-over-month to 3.3 offers per listing.


Want More Reasons to Sell Now?

Check out some of our recent, related articles:


Sell When Others Aren't Selling

There's a Big Advantage to Selling Your Home Now

The Impact of Changing Mortgage Rates


Final Thoughts

Housing inventory is low and key metrics across the national landscape are indicating this is a great time to sell your home. If you’re not sure how your home will fare on the Multiple Listing Service today, speak with a Realtor to discuss your specific options. Visit www.onekeymls.com/directory to find your real estate professional.


Adapted from KCM.

Low Housing Inventory Is a Sweet Spot for Sellers

You may be interested in:

A cardboard box with the words moving day written on it

Innovative Strategies for a Seamless Spring Move: 5 Secrets for Moving Success

April 1, 2024
As spring approaches, many homeowners gearing up to sell their homes face the daunting task of moving. However, with some innovative strategies and the right supplies, you can make the process smoother and more efficient. Here are five tips tailored specifically for home sellers embarking on a spring move:
A magnifying glass is sitting on top of a table next to two small houses.

How Much is My Home Worth in Today’s Market?

April 1, 2024
As spring approaches and the real estate market begins to bloom, homeowners gearing up to sell their homes are undoubtedly eager to secure the best offer possible. The key to achieving this lies in understanding how real estate agents value properties and determine listing prices. Here's a glimpse into the process:
A family stands in front of a house for sale sign

Facts about Closing Costs that Homebuyers Need to Know

April 1, 2024
Before making the decision to buy a home, it’s important to plan for all the costs you’ll be responsible for. While you’re saving for the down payment for your new home, don’t forget you’ll need to prepare for closing costs too.
a boy is sitting on a man 's shoulders looking at a house.

Maximizing Curb Appeal: Your Ultimate Guide to Selling Your Home in the Spring Market

March 19, 2024
As the spring market approaches, prospective home sellers are gearing up to showcase their properties in the best possible light. One of the most crucial aspects of attracting potential buyers is curb appeal – the first impression your home makes from the street. Here's your comprehensive guide to preparing your home for the spring market and maximizing its curb appeal:
a little girl in a floral dress is running through a sprinkler.

Sprinkler System Success: Step-by-Step Guide

March 19, 2024
Testing a sprinkler system is crucial to ensure proper functionality and efficient irrigation for your lawn and garden. Here's a step-by-step guide on how to test your sprinkler system:
a woman is holding a piggy bank and a sign that says buy rent .

First Apartment Finances: A Beginner’s Guide to Budgeting

March 19, 2024
Stepping into the world of renting your first apartment is an exciting milestone, but it can also be daunting, especially when it comes to figuring out your budget. As a prospective renter who's new to living on your own, establishing a realistic budget is essential for ensuring financial stability and peace of mind. Here's a beginner's guide to help you navigate the process:
a beagle dog is running in the grass with a stick in its mouth .

Home Maintenance Checklist for March

March 1, 2024
Following an annual maintenance routine helps homeowners avoid costly repairs, property damage, and keeps home a happy, healthy, and safe place for family and visitors alike.
a man is piggybacking a woman in a cardboard box

4 Homebuying Mistakes and How to Avoid Them

March 1, 2024
If you’re in the market for a new home, avoid these 4 homebuying mistakes to optimize your experience and set yourself up for success. How do you know if you’re ready to buy? Ask yourself these questions to find out if you’re ready to be a homeowner.
a man in a suit holds a clipboard while standing next to a woman

Get Expert Advice for Your Big Move

March 1, 2024
No matter what stage of life you’re in, buying or selling a home is a big decision. When you’ve made big decisions in the past, what have you done? You’ve probably done some research on your own, and then asked for advice and guidance from someone you consider to be extremely knowledgeable. Big decisions lead to big changes and moving is no exception. There are a lot of factors at play when deciding on new living arrangements. You need insights from experts to help you feel confident and make the right choice.
Show More
Share by: