by Calculated Risk on 8/19/2021 06:11:00 PM
I’m gathering existing home data for many local markets, and I’m watching inventory very closely this year.
As I noted in Some thoughts on Housing Inventory
Although inventory in these areas is down about 33% year-over-year, inventory is up 13.5% month-to-month (and up 26.5% over the last two months). Seasonally we’d usually expect a small increase in inventory from June to July – so some of this increase is seasonal (as opposed to a shift in the market).
Carolina12,86911,16321,592-40.4%15.3%Total1152,360134,198227,190-32.9%13.5%1excluding Denver (included in Colorado)