“On average, active inventory in June was 50.6% below pre-pandemic 2017–2019 levels.”
What Does This Mean for You?
- The percent of homes that sold in less than a month ticked up slightly to 74%.
- The median days on market went down to 18 days, showing homes are still selling fast when priced right.
- The average number of offers on recently sold homes went up to 3.3 offers.