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As the year draws to a close, the available unsold inventory of homes on the market is nearly 27% greater than a year ago. Almost every market in the country has more homes available now than at the end of 2023. Ten states have more inventory unsold than in 2019, which was the last sort of “normal” year before the pandemic, and a few states have more homes on the market now than any time in the last 8-10 years. Even in markets with tight inventory like Chicago and New England, it’s still rising. And 2025 is poised to continue the trend of rising inventory across the country. We’ll probably finish 2025 with 15% more homes available than we have now.
Source: Altos Research
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