[{"data":1,"prerenderedAt":-1},["ShallowReactive",2],{"$f2ln6znj32kq3c":3,"$f2emv3tus0uf1":35,"$fbwk2pqjjqsc7":39},{"item":4,"previous":23,"next":29},{"id":5,"slug":6,"title":7,"description":8,"excerpt":9,"contentType":10,"featuredImage":11,"bannerImage":9,"body":12,"agentsBottomLine":13,"bodyImage":14,"isInfographic":15,"categories":16,"isVideo":15,"videoThumbnail":9,"videoSource":9,"publishedAt":21,"updatedAt":22},15344,"todays-housing-inventory-is-a-sweet-spot-for-sellers","Today’s Housing Inventory Is a Sweet Spot for Sellers","\u003Cp>One of the biggest challenges in the housing market right now is how few homes there are for sale compared to the number of people who want to buy them.\u003C\u002Fp>","","blog","https:\u002F\u002Ffiles.keepingcurrentmatters.com\u002Fcontent\u002Fimages\u002F20230705\u002F20230706-todays-housing-inventory-is-a-sweet-spot-for-sellers.jpg","\u003Cp>One of the biggest challenges in the housing market right now is how \u003Ca href=\"\u002F2023\u002F05\u002F11\u002Fthe-best-time-to-sell-your-house-is-when-others-arent-selling\u002F\" rel=\"noopener noreferrer\" target=\"_blank\" style=\"color: rgb(5, 99, 193);\">few homes\u003C\u002Fa> there are for sale compared to the number of people who want to buy them. To help emphasize just how limited housing inventory still is, let’s take a look at the latest information on active listings, or homes for sale in a given month, as it compares to more normal levels.\u003C\u002Fp>\u003Cp>According to a recent report from \u003Ca href=\"https:\u002F\u002Fnews.move.com\u002F2023-06-29-Realtor-com-R-June-Housing-Report-Home-Prices-Post-Their-First-Annual-Decline-Since-Before-2017\" rel=\"noopener noreferrer\" target=\"_blank\" style=\"color: rgb(5, 99, 193);\">\u003Cem>Realtor.com\u003C\u002Fem>\u003C\u002Fa>: \u003C\u002Fp>\u003Cblockquote>\u003Cem> “On average, active inventory in June was \u003C\u002Fem>\u003Cstrong>\u003Cem>50.6% below pre-pandemic 2017–2019 levels\u003C\u002Fem>\u003C\u002Fstrong>\u003Cem>.”\u003C\u002Fem>\u003C\u002Fblockquote>\u003Cp>The \u003Ca href=\"https:\u002F\u002Fwww.realtor.com\u002Fresearch\u002Fdata\u002F\" rel=\"noopener noreferrer\" target=\"_blank\" style=\"color: rgb(5, 99, 193);\">graph\u003C\u002Fa> below helps illustrate this point. It uses historical data to provide a more concrete look at how much the numbers are still lagging behind the level of inventory typical of a more normal market (\u003Cem>see graph below\u003C\u002Fem>):\u003C\u002Fp>\u003Cp>\u003Ca href=\"\u002Fcontent\u002Fimages\u002F20230705\u002F20230706-the-supply-of-homes-for-sale-is-still-low.png\" rel=\"noopener noreferrer\" target=\"_blank\">\u003Cimg src=\"https:\u002F\u002Ffiles.keepingcurrentmatters.com\u002Fcontent\u002Fimages\u002F20230705\u002F20230706-the-supply-of-homes-for-sale-is-still-low.png\">\u003C\u002Fa>\u003C\u002Fp>\u003Cp>It’s worth noting that 2020-2022 are not included in this graph. That’s because they were truly \u003Ca href=\"\u002F2023\u002F05\u002F30\u002Ftodays-real-estate-market-the-unicorns-have-galloped-off\u002F\" rel=\"noopener noreferrer\" target=\"_blank\" style=\"color: rgb(5, 99, 193);\">abnormal years\u003C\u002Fa> for the housing market. To make the comparison fair, those have been omitted so they don’t distort the data.\u003C\u002Fp>\u003Cp>When you compare the orange bars for 2023 with the last normal years for the housing market (2017-2019), you can see the count of active listings is still far below the norm.\u003C\u002Fp>\u003Ch4>\u003Cstrong>What Does This Mean for You?\u003C\u002Fstrong> \u003C\u002Fh4>\u003Cp>If you’re thinking about \u003Ca href=\"\u002F2023\u002F06\u002F26\u002Fthe-true-cost-of-selling-your-house-on-your-own\u002F\" rel=\"noopener noreferrer\" target=\"_blank\" style=\"color: rgb(5, 99, 193);\">selling your house\u003C\u002Fa>, that low inventory is why this is a \u003Ca href=\"\u002F2023\u002F05\u002F25\u002Fthe-benefits-of-selling-now-according-to-experts\u002F\" rel=\"noopener noreferrer\" target=\"_blank\" style=\"color: rgb(5, 99, 193);\">great time\u003C\u002Fa> to do so. Buyers have fewer choices now than they did in more normal years, and that’s continuing to impact some key statistics in the housing market. For example, sellers will be happy to see the following data from the latest \u003Ca href=\"https:\u002F\u002Fcdn.nar.realtor\u002Fsites\u002Fdefault\u002Ffiles\u002Fdocuments\u002F2023-05-realtors-confidence-index-06-22-2023.pdf\" rel=\"noopener noreferrer\" target=\"_blank\" style=\"color: rgb(5, 99, 193);\">\u003Cem>Confidence Index\u003C\u002Fem>\u003C\u002Fa> from the \u003Cem>National Association of Realtors \u003C\u002Fem>(NAR):\u003C\u002Fp>\u003Cul>\u003Cli>The percent of homes that sold in less than a month ticked up slightly to 74%. \u003C\u002Fli>\u003Cli>The median days on market went down to 18 days, showing homes are still selling fast when priced right. \u003C\u002Fli>\u003Cli>The average number of offers on recently sold homes went up to 3.3 offers.\u003C\u002Fli>\u003C\u002Ful>","\u003Cp>When supply is so low, your house is going to be in the spotlight. That’s why sellers are seeing their homes sell a little faster and get more offers right now. If you’ve thought about \u003Ca href=\"\u002F2023\u002F06\u002F13\u002Fyour-needs-matter-more-than-todays-mortgage-rates\u002F\" rel=\"noopener noreferrer\" target=\"_blank\" style=\"color: rgb(5, 99, 193);\">selling\u003C\u002Fa>, now’s the time to \u003Ca href=\"\u002F2023\u002F05\u002F26\u002Fmoving-now-can-give-your-house-its-day-in-the-sun-infographic\u002F\" rel=\"noopener noreferrer\" target=\"_blank\" style=\"color: rgb(5, 99, 193);\">make a move\u003C\u002Fa>. Let’s connect to get the process started.\u003C\u002Fp>","https:\u002F\u002Ffiles.keepingcurrentmatters.com\u002Fcontent\u002Fimages\u002F20230705\u002F20230706-the-supply-of-homes-for-sale-is-still-low.png",false,[17],{"id":18,"name":19,"slug":20},6,"For Sellers","sellers","2023-07-06T10:30:00Z","2023-07-06T10:30:08Z",{"id":24,"slug":25,"title":26,"featuredImage":27,"publishedAt":28,"contentType":10,"isVideo":15},15342,"two-questions-to-ask-yourself-if-youre-considering-buying-a-home","Two Questions To Ask Yourself if You’re Considering Buying a Home","https:\u002F\u002Ffiles.keepingcurrentmatters.com\u002Fcontent\u002Fimages\u002F20230703\u002F20230705-two-questions-to-ask-yourself-if-youre-considering-buying-a-home.jpg","2023-07-05T10:30:00Z",{"id":30,"slug":31,"title":32,"featuredImage":33,"publishedAt":34,"contentType":10,"isVideo":15},15350,"the-benefits-of-downsizing-for-homeowners-infographic","The Benefits of Downsizing for Homeowners [INFOGRAPHIC]","https:\u002F\u002Ffiles.keepingcurrentmatters.com\u002Fcontent\u002Fimages\u002F20230706\u002FThe-Benefits-of-Downsizing-for-Homeowners-KCM-Share.png","2023-07-07T10:30:00Z",{"cover":36,"open":37,"shareSpread":38},"https:\u002F\u002Ffiles.keepingcurrentmatters.com\u002FKeepingCurrentMatters\u002Fcontent\u002Fimages\u002F20260603\u002F2026-Summer-Sellers-Guide-Cover-original.png","https:\u002F\u002Ffiles.keepingcurrentmatters.com\u002FKeepingCurrentMatters\u002Fcontent\u002Fimages\u002F20260603\u002F2026-Summer-Sellers-Guide-Spread-original.png","https:\u002F\u002Ffiles.keepingcurrentmatters.com\u002FKeepingCurrentMatters\u002Fcontent\u002Fimages\u002F20260603\u002F2026-Summer-Sellers-Guide-Magazine-original.png",[40,44,48,49,53,57,61,65,69,73,77,81,85,89,93,97,101,105,109,113,117,121,125,129,133,137,141,145,149,153],{"id":41,"name":42,"slug":43},1,"Uncategorized","uncategorized",{"id":45,"name":46,"slug":47},5,"For Buyers","buyers",{"id":18,"name":19,"slug":20},{"id":50,"name":51,"slug":52},7,"Foreclosures","foreclosures",{"id":54,"name":55,"slug":56},8,"Infographics","infographics",{"id":58,"name":59,"slug":60},9,"Home Prices","home-prices",{"id":62,"name":63,"slug":64},11,"First-Time Buyers","first-time-buyers",{"id":66,"name":67,"slug":68},34,"Senior Market","senior-market",{"id":70,"name":71,"slug":72},35,"Mortgage Rates","mortgage-rates",{"id":74,"name":75,"slug":76},38,"Move-Up","move-up",{"id":78,"name":79,"slug":80},41,"For Sale by Owner","for-sale-by-owner",{"id":82,"name":83,"slug":84},42,"Featured","featured",{"id":86,"name":87,"slug":88},45,"New Construction","new-construction",{"id":90,"name":91,"slug":92},52,"Luxury \u002F Vacation","luxury--vacation",{"id":94,"name":95,"slug":96},53,"Rent vs. Buy","rent-vs-buy",{"id":98,"name":99,"slug":100},80,"Time-sensitive","time-sensitive",{"id":102,"name":103,"slug":104},81,"Outdated","outdated",{"id":106,"name":107,"slug":108},147,"Internal","internal",{"id":110,"name":111,"slug":112},148,"Do Not Autopost","do-not-autopost",{"id":114,"name":115,"slug":116},320,"Inventory","inventory",{"id":118,"name":119,"slug":120},321,"Agent Value","agent-value",{"id":122,"name":123,"slug":124},322,"Affordability","affordability",{"id":126,"name":127,"slug":128},323,"Buying Tips","buying-tips",{"id":130,"name":131,"slug":132},324,"Downsize","downsize",{"id":134,"name":135,"slug":136},325,"Economy","economy",{"id":138,"name":139,"slug":140},326,"Equity","equity",{"id":142,"name":143,"slug":144},327,"Forecasts","forecasts",{"id":146,"name":147,"slug":148},328,"Selling Tips","selling-tips",{"id":150,"name":151,"slug":152},339,"Expired\u002FWithdrawn\u002FCanceled","expiredwithdrawncanceled",{"id":154,"name":155,"slug":156},340,"Price It Right\u002FOverpricing","price-it-rightoverpricing"]