The housing market is beginning to return to a healthier, more balanced pace. According to the latest data, the number of homes for sale is gradually increasing and moving closer to normal levels.  See inventory graph below.

Of course, inventory trends vary significantly by location. Below is a comparison of current single-family home inventory levels with the same period in previous years, so you can get a sense of how things are shifting locally.  See local inventory chart.

Even with inventory reaching its highest point in six years, it’s important to look beyond the number of homes for sale. One of the most telling indicators of market conditions is Months Supply of Inventory (MSI). While higher inventory might suggest more choices for buyers, if buyer demand is also high, those homes can still sell quickly — keeping the market competitive. MSI gives a clearer picture of the balance between supply and demand, helping us understand whether conditions currently favor buyers, sellers, or remain neutral.

If you’re considering buying or selling, now is the time to align your decisions with real-time market insights. Our team specializes in helping clients navigate shifting conditions with precision and discretion. Reach out anytime for a personalized strategy tailored to your goals — we’re here to guide you every step of the way.