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It’s a Seller’s Market!

February 10, 2023 by Al Beaudoin Leave a Comment

Fewer Homes for Sale Than a Year Ago

Housing-related conditions can vary widely from one city to the next. But overall, we’re in a seller’s real estate market.

It’s a supply-and-demand story, as always.

Low mortgage rates and a pandemic-fueled desire for homeownership and space have increased demand within housing markets . At the same time, real estate listings and overall inventory levels have declined sharply.

The end result is a serious imbalance between supply and demand. In short, there are lots of buyers actively seeking homes, but not enough properties to meet the demand. This has created a classic seller’s market and boosting home values.

In February 2021, the number of active property listings in the U.S. had declined 40% from 2020 levels, reaching an all-time low. In other words, there are far fewer homes listed for sale today than a year ago.

Properties Are Selling Fast

This is another indication of a strong seller’s market. And it’s not at all surprising, when you consider the lopsided supply and demand conditions.

A Highly Competitive Real Estate Market

We are in a seller’s market and while inventory is expected to increase a bit going forward, the U.S. housing market will probably continue to favor sellers over buyers for the foreseeable future.

Filed Under: Real Estate, Sellers

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Copyright 2025, Inc. All rights reserved. This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this Site comes in part from the IDX Program of . The information being provided is for consumers’ personal, non- commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated 01/01/2025.