Published October 4, 2024

October 2024 - STAT: More Inventory on the Market.

Author Avatar

Written by Katie Evans

October 2024 - STAT: More Inventory on the Market. header image.
COMMENTARY by James Marcus
Inventory. Inventory. Inventory. There is no doubt now, total inventory has risen. The market is slowing down. While seasonal slowdowns are expected around this time, it's worth noting that sales are down nearly 2% year-over-year. Here are the inventory numbers:
New Listings
Total Listings
New listings have put us into a high supply index at a greater rate than the seasonally adjusted numbers found in the Supply vs Demand report. See the STAT report for the full picture. It's too early to know what this all means.
ARMLS PENDING PRICE INDEX

Copyright © 2024 ARMLS, All rights reserved.


Agent profile image in chat bubble
Agent profile image in chat header

Katie Evans

Lead Agent | Katie Evans​ | Living 48 Real Estate Team​

Agent profile image in message

By proceeding and clicking the sign up button, you consent to receive calls and texts (SMS/MMS) including marketing and promotional communications, from , its affiliates, and agents or vendors acting on their behalf. These communications may be delivered using an automatic telephone dialing system or by using an artificial or prerecorded voice. Message and data rates may apply. To opt out of text messages, reply STOP. Your consent is not required as a condition of any purchase. By continuing, you also agree to our Terms of Use and Privacy Policy.

or another way