Realtor.com® August Housing Report: Annual Inventory Growth Continues as For-Sale Inventory Hits Highest Levels Since May 2020
Realtor.com (NWS) reports U.S. for-sale inventory at its highest level since May 2020, with active listings up 35.8% year‑over‑year in August 2024. The national median listing price fell 1.3% to $429,990 while median price per sq. ft. rose 2.3%, signaling a larger share of smaller, more affordable homes.
Homes spent a median of 53 days on market (up 7 days YoY) and 19.2% of listings had price reductions (up 3.0 percentage points). Top metros for inventory growth included Tampa +90.1%, San Diego +80.4%, and Orlando +76.9%. Regional inventory gains were strongest in the South (+46%) and West (+35.7%).
Realtor.com (NWS) segnala che l'inventario di case in vendita negli Stati Uniti è al livello più alto dal maggio 2020, con gli annunci attivi in aumento del 35,8% anno su anno nell'agosto 2024. Il prezzo mediano di listing nazionale è diminuito del 1,3% a $429.990 mentre il prezzo mediano per piede quadrato è salito del 2,3%, indicando una quota maggiore di case più piccole e più accessibili.
Le case hanno trascorso una mediana di 53 giorni sul mercato (in aumento di 7 giorni su base annua) e il 19,2% degli annunci ha subito riduzioni di prezzo (in aumento di 3,0 punti percentuali). I principali mercati per crescita dell'inventario includevano Tampa +90,1%, San Diego +80,4%, e Orlando +76,9%. Le variazioni di inventario regionali sono state più forti nel Sud (+46%) e nell'Ovest (+35,7%).
Realtor.com (NWS) informa que el inventario de viviendas en venta en Estados Unidos está en su nivel más alto desde mayo de 2020, con listados activos aumentando un 35,8% interanual en agosto de 2024. El precio de listado mediano nacional cayó un 1,3% a $429,990 mientras que el precio mediano por pie cuadrado subió un 2,3%, lo que señala una mayor proporción de casas más pequeñas y más asequibles.
Las viviendas pasaron una mediana de 53 días en el mercado (un aumento de 7 días interanual) y el 19,2% de los listados tuvieron reducciones de precio (un aumento de 3,0 puntos porcentuales). Las principales áreas metropolitanas para el crecimiento del inventario incluyeron Tampa +90,1%, San Diego +80,4%, y Orlando +76,9%. Los aumentos regionales del inventario fueron más fuertes en el Sur (+46%) y el Oeste (+35,7%).
Realtor.com (NWS)는 미국의 매매 가능 주택 재고가 2020년 5월 이후 가장 높은 수준이며, 2024년 8월 활성 매물 증가율이 전년 동기 대비 35.8% 증가했다고 보고했습니다. 전국 중간 매물가가 1.3% 하락하여 $429,990를 기록했고, 제곱피트당 중간 가격은 2.3% 상승하여 더 작고 더 저렴한 주택의 비중이 커졌습니다.
주택은 매물로 남은 기간의 중간값이 53일로 나타났으며(전년 대비 7일 증가), 매물의 19.2%가 가격 조정을 받았고(3.0포인트 증가). 재고 증가가 가장 큰 대도시는 탬파 +90.1%, 샌디에고 +80.4%, 올랜도 +76.9%였습니다. 지역별 재고 증가가 가장 강했던 곳은 남부(+46%)와 서부(+35.7%)였습니다.
Realtor.com (NWS) rapporte que les stocks de biens immobiliers à vendre aux États-Unis sont à leur niveau le plus élevé depuis mai 2020, avec les annonces actives en hausse de 35,8% sur un an en août 2024. Le prix médian de listing national a chuté de 1,3% à 429 990 $ tandis que le prix médian au pied carré a augmenté de 2,3%, ce qui indique une plus grande part de maisons plus petites et plus abordables.
Les maisons ont passé une médiane de 53 jours sur le marché (en hausse de 7 jours sur un an) et 19,2% des annonces ont connu des réductions de prix (augmentation de 3,0 points). Les principaux métros pour la croissance des stocks comprenaient Tampa +90,1%, San Diego +80,4%, et Orlando +76,9%. Les gains d'inventaire régionaux ont été les plus forts dans le Sud (+46%) et l'Ouest (+35,7%).
Realtor.com (NWS) meldet, dass der US-Wohnungsbestand zum Verkauf auf dem höchsten Stand seit Mai 2020 ist, wobei aktive Inserate im August 2024 um 35,8% im Jahresvergleich gestiegen sind. Der nationale Medianpreis für Listings sank um 1,3% auf $429.990, während der Medianpreis pro Quadratfuß um 2,3% gestiegen ist, was auf einen größeren Anteil kleinerer, erschwinglicherer Häuser hindeutet.
Häuser verbrachten eine Medianzeit von 53 Tagen auf dem Markt (um 7 Tage YoY gestiegen) und 19,2% der Listings hatten Preisnachlässe (um 3,0 Punkte gestiegen). Die Top-Metropolen für das Inventarwachstum waren Tampa +90,1%, San Diego +80,4% und Orlando +76,9%. Regionale Bestandszuwächse waren am stärksten im Süden (+46%) und Westen (+35,7%).
Realtor.com (NWS) يشير إلى أن مخزون الولايات المتحدة المعروض للبيع عند أعلى مستوياته منذ مايو 2020، مع ارتفاع القوائم النشطة بنسبة 35.8% سنوياً في أغسطس 2024. انخفض السعر الوسيط للإدراج الوطني بنسبة 1.3% إلى 429,990 دولار بينما ارتفع السعر الوسيط لكل قدم مربع بنسبة 2.3%، مما يدل على زيادة حصة البيوت الأصغر والأكثر قدرة على التحمل.
قضت المنازل فترة وسيطة قدرها 53 يوماً في السوق (ارتفاع بمقدار 7 أيام سنوياً) و< b>19.2% من القوائم شهدت تخفيضات سعرية (ارتفاع 3.0 نقطة مئوية). كانت أبرز المدن الكبرى من حيث نمو المخزون هي تامبا +90.1%، سان دييغو +80.4%، وأورلاندو +76.9%. وكانت مكاسب المخزون الإقليمي أقوى في الجنوب (+46%) والغرب (+35.7%).
- Active listings +35.8% YoY (highest since May 2020)
- Median list price per sq. ft. +2.3% YoY
- South active listings +46% YoY, narrowing pre‑pandemic gap
- Median listing price -1.3% YoY to $429,990
- Median days on market +7 days YoY to 53 days
- Share of listings with price reductions +3.0 pp to 19.2%
Insights
Rising for-sale inventory and small median price decline signal a gradual rebalancing; activity and price-per-sqft shifts matter regionally.
The increase in active listings of
Risks and dependencies hinge on mortgage rates and regional supply dynamics. The release notes recent rate declines may draw more buyers, but also suggests many sellers are waiting for further rate moves; days on market rose to 53, and price reductions now affect
Watch the evolution of mortgage rates and monthly active listing growth over the next
- Metros that saw the most inventory growth: Tampa (+
90.1% ), San Diego (+80.4% ), and Orlando (+76.9% ) - The median price of homes for sale in August was
$429,990 decreasing1.3% year over year - Homes spent 53 days on the market making August 2024 the slowest August in five years
SANTA CLARA, Calif., Sept. 5, 2024 /PRNewswire/ -- Home shoppers are looking at more options to choose from this fall as the number of homes for sale sits at the highest level since May 2020 and rates are poised to start coming down. The number of homes actively for sale grew by
"In April we noted that rising for-sale inventory was likely to lead to more balance between buyers and sellers. This August, as the number of homes on the market continues to climb, price cuts are more common, asking prices are moderating, and homes are taking longer to sell. The widely anticipated Fed rate cut has already ushered in lower mortgage rates, but it seems that some buyers and sellers are waiting for additional declines," said Danielle Hale, Chief Economist at Realtor.com®. "As the market slows seasonally, fall is one of the best times to buy a house. Falling mortgage rates are likely to bring out additional home shoppers and a busier fall season than usual, but the boost in activity is unlikely to overwhelm the usual seasonal slowdown. Shoppers, who are out this fall, are likely to face lower competition than is expected in spring 2025 as more shoppers anticipate better mortgage rates."
The median price of homes for sale this August decreased by
August 2024 Housing Metrics – National
Metric | Change over Aug 2023 | Change over Aug 2019 |
Median List Price Per Sq.Ft. | +2.3 % | +51.0 % |
Median listing price | - | +36.2 % |
Active listings | +35.8 % | -26.4 % |
New listings | -0.9 % | -20.0 % |
Median days on market | +7 days (to 53 days) | -6 days |
Share of active listings with price | +3.0 percentage points (to | +1.8 percentage points |
Inventory continues to grow
There were
Continued growth in affordable homes for sale
In August, as in the previous six months, the growth in homes priced in the
Just like buyers, sellers pulled back this August as newly listed homes were
Days on market reaches five year high
The typical home spent 53 days on the market in August, an increase of seven days from a year ago. It was the slowest August in five years, though time on the market was still six days less than the pre-pandemic average for August. Homes are spending more time on the market in all regions, led by the South (nine days longer), and followed by the Midwest (three days) and the West and Northeast (two days).
"We have found that the market slows by about one day for every 5.5 percentage point increase in the year-over-year number of active listings," said Ralph McLaughin, Senior Economist at Realtor.com®. "Given the rapid growth in inventory we're seeing now, that can mean changes in some markets of up to 15-20 more days on the market than last year."
Price reductions become more common
As the number of active listings and days spent on the market grew, the percentage of homes with price reductions also increased in August to
Median list price falls, but price per square foot continues to grow
The national median list price fell
South and West are closest to bridging pandemic era inventory gap
All four U.S. regions continued to see active inventory growth compared with August of last year; however, inventory in the South and West has recovered the most compared to pre-pandemic inventory levels.
For August, active listings grew by
Of the 50 largest metro areas, just 11 had higher levels of inventory in August compared with pre-pandemic levels, including Austin,Texas (+
Ranking | Metro | Inventory Growth - |
1 | Tampa-St. Petersburg-Clearwater, FL | 90.1 % |
2 | San Diego-Chula Vista-Carlsbad, CA | 80.4 % |
3 | Orlando-Kissimmee-Sanford, FL | 76.9 % |
4 | Miami-Fort Lauderdale-Pompano Beach, FL | 72.2 % |
5 | Seattle-Tacoma-Bellevue, WA | 69.3 % |
6 | Jacksonville, FL | 68.3 % |
7 | Denver-Aurora-Lakewood, CO | 66.8 % |
8 | Charlotte-Concord-Gastonia, NC-SC | 62.4 % |
9 | Atlanta-Sandy Springs-Alpharetta, GA | 58.0 % |
10 | Dallas-Fort Worth-Arlington, TX | 50.6 % |
Additional details and full analysis of the market inventory levels and additional trends in listing prices and more can be found in the Realtor.com® August Monthly Housing Report.
August 2024 Housing Overview of the 50 Largest Metros
Metro Area | Median Listing | Median Listing | Median Listing | Median Listing | Median Listing |
-3.5 % | 1.1 % | 29.5 % | 51.8 % | ||
-7.6 % | -4.7 % | 45.0 % | 55.5 % | ||
-1.7 % | 1.9 % | 11.6 % | 27.7 % | ||
2.7 % | 1.1 % | 13.5 % | 26.4 % | ||
-1.1 % | 0.8 % | 40.1 % | 58.3 % | ||
7.8 % | 6.7 % | 30.5 % | 43.8 % | ||
1.2 % | 2.0 % | 26.0 % | 56.6 % | ||
0.1 % | 2.4 % | 18.7 % | 32.4 % | ||
-6.7 % | 4.8 % | 26.9 % | 51.1 % | ||
8.0 % | 11.5 % | 35.5 % | 39.8 % | ||
-0.3 % | 5.4 % | 26.1 % | 53.7 % | ||
-4.3 % | 0.1 % | 27.9 % | 43.9 % | ||
-6.1 % | 1.4 % | 24.4 % | 44.7 % | ||
2.8 % | 5.2 % | 10.5 % | 31.4 % | ||
3.8 % | 14.1 % | 38.9 % | 62.3 % | ||
0.0 % | -0.1 % | 19.6 % | 37.8 % | ||
-2.2 % | 3.5 % | 21.8 % | 53.0 % | ||
-4.1 % | -0.9 % | 34.8 % | 51.6 % | ||
-8.5 % | -2.5 % | 29.4 % | 44.2 % | ||
5.1 % | 6.1 % | 48.3 % | 55.7 % | ||
2.4 % | 3.3 % | 42.3 % | 48.8 % | ||
0.5 % | 3.6 % | 19.5 % | 40.7 % | ||
5.6 % | -0.2 % | 45.6 % | 61.1 % | ||
-11.7 % | -9.1 % | 32.6 % | 44.0 % | ||
13.2 % | 5.3 % | 44.6 % | 42.2 % | ||
-2.8 % | 0.6 % | 26.7 % | 32.8 % | ||
-5.7 % | 1.8 % | 47.2 % | 63.1 % | ||
-4.2 % | -3.4 % | 14.0 % | 24.0 % | ||
4.6 % | 5.1 % | 30.2 % | 69.3 % | ||
-7.3 % | -0.5 % | 24.9 % | 41.8 % | ||
-5.2 % | -0.6 % | 34.8 % | 53.3 % | ||
9.1 % | 6.6 % | 32.3 % | 52.2 % | ||
-4.3 % | -0.6 % | 33.9 % | 51.5 % | ||
-2.0 % | 3.7 % | 22.7 % | 27.1 % | ||
-3.6 % | 1.2 % | 29.9 % | 39.6 % | ||
4.3 % | 7.7 % | 51.1 % | 48.2 % | ||
-2.2 % | 2.3 % | 22.3 % | 51.3 % | ||
2.5 % | 4.8 % | 38.1 % | 56.8 % | ||
4.1 % | 3.7 % | 43.8 % | 59.3 % | ||
- | - | 30.6 % | 40.5 % | ||
-4.8 % | 0.8 % | 29.2 % | 38.7 % | ||
-4.1 % | -2.5 % | 18.8 % | 37.8 % | ||
-9.1 % | 1.1 % | 40.5 % | 61.5 % | ||
-7.7 % | -4.9 % | 5.4 % | 23.4 % | ||
-5.1 % | -0.2 % | 24.9 % | 25.3 % | ||
-3.1 % | -1.2 % | 30.1 % | 45.6 % | ||
6.4 % | 6.5 % | 33.3 % | 31.7 % | ||
-6.2 % | -3.8 % | 47.0 % | 63.4 % | ||
2.4 % | 5.1 % | 33.8 % | 45.0 % | ||
-2.5 % | 5.1 % | 26.3 % | 54.6 % |
Metro Area | Active Listing | New Listing | Median Days | Median Days | Price– | Price- |
58.0 % | 6.7 % | 47 | 7 | 23.6 % | 5.4 pp | |
25.6 % | -12.8 % | 65 | 11 | 28.0 % | -7.6 pp | |
29.1 % | 4.2 % | 37 | 0 | 16.5 % | 3.4 pp | |
31.4 % | 8.1 % | 50 | 6 | 18.2 % | 1.3 pp | |
26.3 % | 5.0 % | 39 | 2 | 16.3 % | 3.5 pp | |
17.2 % | -1.2 % | 39 | 1 | 9.3 % | 1.6 pp | |
62.4 % | 8.5 % | 44 | 6 | 23.6 % | 8.3 pp | |
11.0 % | 1.4 % | 36 | 1 | 14.6 % | 2.6 pp | |
38.7 % | 31.4 % | 33 | 2 | 19.3 % | 9.6 pp | |
13.7 % | 4.5 % | 38 | -1 | 15.7 % | 1.5 pp | |
35.3 % | 11.4 % | 36 | 10 | 22.7 % | 2.7 pp | |
50.6 % | 12.3 % | 49 | 8 | 28.4 % | 3.3 pp | |
66.8 % | 5.3 % | 46 | 12 | 27.7 % | 3.8 pp | |
14.5 % | 3.4 % | 36 | 0 | 15.8 % | 2.5 pp | |
9.6 % | -1.8 % | 33 | -4 | 9.7 % | 2.7 pp | |
31.9 % | 10.5 % | 51 | 9 | 20.0 % | 0.2 pp | |
29.5 % | -4.8 % | 43 | 7 | 25.4 % | 3.3 pp | |
68.3 % | -7.9 % | 61 | 12 | 28.0 % | 5.8 pp | |
22.7 % | 3.1 % | 52 | 2 | 17.7 % | 2.2 pp | |
- | 17.1 % | 42 | -1 | 20.6 % | 5.3 pp | |
41.6 % | 16.2 % | 44 | 3 | 13.4 % | 2.8 pp | |
32.9 % | 6.6 % | 38 | 7 | 19.9 % | 3.4 pp | |
44.7 % | -2.7 % | 59 | 13 | 23.3 % | 2.8 pp | |
72.2 % | 9.9 % | 74 | 12 | 17.3 % | 5.0 pp | |
7.5 % | -5.7 % | 29 | 0 | 14.7 % | 1.6 pp | |
25.5 % | -4.6 % | 37 | 1 | 17.1 % | 3.0 pp | |
25.1 % | 22.8 % | 38 | 1 | 24.6 % | 0.7 pp | |
36.0 % | -4.5 % | 68.5 | 5 | 20.4 % | -1.2 pp | |
2.1 % | -3.0 % | 58 | -1 | 8.2 % | 0.6 pp | |
36.5 % | 3.4 % | 44 | 1 | 22.8 % | 2.1 pp | |
76.9 % | 5.6 % | 63 | 17 | 25.2 % | 6.4 pp | |
12.9 % | 0.3 % | 44 | -1 | 14.1 % | 1.8 pp | |
50.3 % | -35.6 % | 57 | 12 | 27.3 % | 9.6 pp | |
24.1 % | -0.9 % | 47 | -1 | 20.9 % | 5.0 pp | |
28.8 % | -2.2 % | 51 | 10 | 29.3 % | 10.6 pp | |
26.7 % | 1.4 % | 32 | 2 | 17.5 % | 9.8 pp | |
48.8 % | 0.4 % | 47 | 7 | 21.2 % | 7.3 pp | |
33.8 % | -5.9 % | 43 | 4 | 15.2 % | 5.9 pp | |
38.2 % | 9.4 % | 53 | 7 | 16.8 % | 2.2 pp | |
- | - | 39 | 24 | 4.9 % | - | |
48.5 % | 11.0 % | 44 | 7 | 20.7 % | 4.4 pp | |
38.3 % | 2.3 % | 61 | 11 | 27.8 % | 0.4 pp | |
80.4 % | 19.1 % | 38 | 5 | 17.8 % | 5.8 pp | |
31.3 % | 9.7 % | 37 | 4 | 12.9 % | 2.5 pp | |
45.0 % | 5.2 % | 31 | 5 | 11.3 % | 1.2 pp | |
69.3 % | 30.0 % | 38 | 5 | 17.4 % | 2.6 pp | |
17.6 % | -6.5 % | 41 | 4 | 15.9 % | 2.7 pp | |
90.1 % | -0.9 % | 64 | 21 | 29.3 % | 7.5 pp | |
20.2 % | 5.5 % | 36 | 6 | 20.8 % | 4.6 pp | |
23.8 % | 1.9 % | 37 | 2 | 13.7 % | 2.1 pp |
Methodology
Realtor.com® housing data as of August 2024. Listings include the active inventory of existing single-family homes and condos/townhomes/row homes/co-ops for the given level of geography on Realtor.com®; new construction is excluded unless listed via an MLS that provides listing data to Realtor.com®. Realtor.com® data history goes back to July 2016. The 50 largest U.S. metropolitan areas as defined by the Office of Management and Budget (OMB-202003).
With the release of its August 2024 housing trends report, Realtor.com® has restated data points for some previous months. As a result of these changes, some of the data released since August 2024 will not be directly comparable with previous data releases (files downloaded before September 2024) and Realtor.com® economics research reports.
About Realtor.com®
Realtor.com® is an open real estate marketplace built for everyone. Realtor.com® pioneered the world of digital real estate more than 25 years ago. Today, through its website and mobile apps, Realtor.com® is a trusted guide for consumers, empowering more people to find their way home by breaking down barriers, helping them make the right connections, and creating confidence through expert insights and guidance. For professionals, Realtor.com® is a trusted partner for business growth, offering consumer connections and branding solutions that help them succeed in today's on-demand world. Realtor.com® is operated by News Corp [Nasdaq: NWS, NWSA] [ASX: NWS, NWSLV] subsidiary Move, Inc. For more information, visit Realtor.com®.
Media Contact: press@realtor.com
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SOURCE Realtor.com
FAQ
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