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Local housing inventory hits four year low

Yes, you heard me correctly -- there are fewer homes on the market than we have seen anytime in the past four years.

Inventory Levels

The inventory data above is current as of a few days ago when I published my monthly market report.  At that time there were 665 homes on the market --- fewer than anytime in the last four years, including any of the winter months over the past few years.

Inventory is starting to pick up a bit (678 as of this morning) but there are still fewer homes on the market than we've seen in a while.  This certainly helps sellers, as there is less competition -- though it is certainly still a buyer's market.
 

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