Listing inventory has been trending upwards for most of the past year.  

Each data point on the graph above shows the average inventory level for the 12 months leading up to that date.  Here are a few of the specific data points shown above...

December 2023 - average of 162 homes for sale for the 12 months of 2023

December 2024 - average of 169 homes for sale for the 12 months of 2024

Today - average of 199 homes for sale for the 12 months of 2025

What will we see in 2026?  Will inventory levels continue to trend upwards?  I suspect we will see these levels continue to rise through 2026, though it won't be in all price ranges or for all property types.