The Seller's Advantage: Unveiling Today's Housing Supply Dynamics

Wondering if it still makes sense to sell your house right now? The short answer is, yes. And if you look at the current number of homes for sale, you’ll see two reasons why.

An article from Calculated Risk shows there are 15.6% more homes for sale now compared to the same week last year. That tells us inventory has grown. But going back to 2019, the last normal year in the housing market, there are nearly 40% fewer homes available now.

Here’s a breakdown of how this benefits you when you sell.

1. You Have More Options for Your Move

Are you thinking about selling because your current house is too big, too small, or because your needs have changed? If so, the year-over-year growth gives you more options for your home search. That means it may be less of a challenge to find what you’re looking for.

So, if you were holding off on selling because you were worried you weren’t going to find a home you like, this may be just the good news you needed. Partnering with a local real estate professional can help you make sure you’re up to date on the homes available in your area.

2. You Still Won’t Have Much Competition When You Sell

But to put that into perspective, even though there are more homes for sale now, there still aren’t as many as there’d be in a normal year. Remember, the data from Calculated Risk shows we’re down nearly 40% compared to 2019. And that large a deficit won't be solved overnight. As a recent article from Realtor.com explains:

“. . . the number of homes for sale and new listing activity continues to improve compared to last year. However the inventory of homes for sale still has a long journey back to pre-pandemic levels.”

For you, that means if you work with an agent to price your house right, it should still get a lot of attention from eager buyers and could sell fast.

Bottom Line

If you're a homeowner looking to sell, now's a good time. You'll have more options when buying your next home, and there's still not a ton of competition from other sellers. If you’re ready to move, let’s connect to get the ball rolling.

340 Properties
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$575,000
Neighborhood: Vicenza Ph 1
3
Beds
2
Baths
1,683
Sq.Ft.
2022
Year Built
2
Days on Site
A4607240
MLS
$225,000
Neighborhood: Citrus Highlands
3
Beds
2
Baths
1,362
Sq.Ft.
1979
Year Built
2
Days on Site
T3517395
MLS
$390,000
Neighborhood: Toscana Isles Carriage Homes P
3
Beds
2
Baths
1,661
Sq.Ft.
2018
Year Built
3
Days on Site
A4606943
MLS
$537,000
Neighborhood: Vicenza Phase 1
3
Beds
2
Baths
1,536
Sq.Ft.
2022
Year Built
4
Days on Site
A4606835
MLS
$580,000
Neighborhood: Mission Estates
3
Beds
2
Baths
1,856
Sq.Ft.
2002
Year Built
4
Days on Site
N6132397
MLS
$800,000
Neighborhood: Hidden Bay Estates
3
Beds
2
Baths
1,903
Sq.Ft.
2017
Year Built
5
Days on Site
N6132241
MLS
$439,000
Neighborhood: Sorrento East
2
Beds
2
Baths
1,458
Sq.Ft.
1984
Year Built
5
Days on Site
A4606861
MLS
$530,840
Neighborhood: Magnolia Bay
3
Beds
2
Baths
1,654
Sq.Ft.
2024
Year Built
5
Days on Site
O6191480
MLS
$580,260
Neighborhood: Magnolia Bay
4
Beds
3
Baths
2,190
Sq.Ft.
2024
Year Built
5
Days on Site
O6191479
MLS
$580,260
Neighborhood: Magnolia Bay
4
Beds
3
Baths
2,190
Sq.Ft.
2024
Year Built
5
Days on Site
O6191478
MLS
$389,000
Neighborhood: Venetian Golf & River Club
2
Beds
2
Baths
1,100
Sq.Ft.
2003
Year Built
5
Days on Site
N6132291
MLS
$570,000
Neighborhood: Toscana Isles
2
Beds
2
Baths
1,796
Sq.Ft.
2022
Year Built
5
Days on Site
A4607141
MLS

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