No new news here -- I've been saying it for some time -- fewer and fewer options exist for buying a home in our city/county for less than $200K, and even under $300K.  But this visualization (click here for a larger version) was inspired by a comment from Brad - thanks Brad! 

We know that housing inventory, overall, is at a 10+ year low right now, but Brad observed that not all price ranges are created equal.  As (somewhat clearly) shown above, the $300K - $400K and $400K+ price ranges have maintained a relatively stable/healthy supply over the past ten years -- and the under $200K and $200K-$300K price ranges have been the most significant declines.