Realtor.com® Report: Higher Inventory a Welcome Sign for Spring Buyers

Posted by Bonnie Martin Designated Broker on Monday, April 21st, 2014 at 8:48am.

househill_sellingpix_450realtor.com -The spring home buying season is off to a stronger start than at this time last year, with modest price increases and a spike in inventory, according to realtor.com’s National Housing Trend Report for March. 


The number of properties for sale on realtor.com® in March rose 9.5% above March 2013 levels, to 1,841,844 units, according to the report. The median list price of $199,900 was 5.3% higher than in March of last year, and the median age of inventory increased 22.9% above the year-ago figures, to 102 days on the market, the report’s data showed.

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