Page 4 - Spring-2025-Sellers-Guide

2. Will I Be Able To Find a

Home I Like? The Supply of Homes for Sale is

If this is on your mind, it’s probably Growing, But Still Below The
because you remember just how hard it Numbers Seen in More Normal Years
was to find a home over the past few
years. But in today’s market, it isn’t as Percent Change in Inventory Year-Over-Year
vs. Pre-Pandemic (2017–2019)
challenging.

Data from Realtor.com shows how 50%
40%
much inventory has increased – it's 30% 27.5%
up nearly 28% compared to last year 20%
(see graph). 10% Pre-Pandemic

Even though inventory is still below 0%
normal, it’s improved a lot in the past -10% YOY
-20%
year. And the best part is, experts say -30% -22.9%
it’ll grow another 10-15% in 2025. -40%

That means you have more options for -50%

your move — and the greatest chance
in years to find a home you love. Source: Realtor.com

3. Are Buyers Still Buying?

And last, if you’re worried no one’s buying with rates and prices where they are right now,
here’s some perspective that can help. While there weren’t as many home sales last year as
there’d be in a normal market, roughly 4.06 million homes still sold (not including new
construction), according to the National Association of Realtors (NAR). And the expectation is

that number will rise in 2025. But even if we only match how many homes sold last year, here’s
what that looks like.

• 4.06 million homes ÷ 365 days in a year = 11,123 homes sell each day
• 11,123 homes ÷ 24 hours in a day = 463 homes sell per hour
• 463 homes ÷ 60 minutes = 7.7 homes sell every minute

Think about that. Just in the time it took you to read this, 8 homes sold. Let this reassure
you – the market isn’t at a standstill. Every day, thousands of people buy, and they're looking for
homes like yours.

Bottom Line

If you want to talk more about these questions or need more information about what’s
happening in our area, reach out.

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