January Inventory vs. Full Year Home Sales

A few short years ago there were enough homes on the market in January to last us nearly an entire year.  In January 2011, there were 787 homes on the market and only 832 buyers would go on to buy a home that year.

Things have looked at bit different over the past few years, with lower (529-560) levels of inventory at the start of the year, and higher (1085-1175) home sales in the year that followed.

** Please note: The 2016 home sales shown in the graph above are a projection, not a promise. :)