Realtor.com® January Housing Report: January 2024 Marks the Third Consecutive Month of Annual Inventory Growth

February 1, 2024

https://www.prnewswire.com/news-releases/realtorcom-january-housing-report-january-2024-marks-the-third-consecutive-month-of-annual-inventory-growth-302050254.html

Data Showed a 2.8% Increase in Newly Listed Homes for Sale Compared to the Same Time Last Year

SANTA CLARA, Calif., Feb. 1, 2024 /PRNewswire/ — Sellers became more eager this January as new data indicated they’re getting ready to sell, if not already there. The number of homes actively for sale was notably higher compared to last year, growing by 7.9%, according to the Realtor.com® January Housing Report released today. With the rise in inventory, median listing prices remained relatively stable, experiencing a growth of 1.4% compared to the same time last year, while time spent on market dropped to more than two weeks shorter than pre-pandemic levels.

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