Michael RushReal Estate Broker, Keller Williams Realty DTC · Real Estate Broker at Keller Williams Realty DTC

Buyers have more options and control than they have in the last 4+ years.

21 Mar 2025 · 1 min

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February housing data shows pending contracts up 4% and new listings up 9.6% year-over-year, with inventory up 43% compared to last year. Buyers now have more options than they have in over four years, though closed sales fell 13.3% year-over-year.

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In February, more people put their homes under contract, up 4% when compared to last year. More sellers are entering the market too, with new listings up 9.6% from last year. This has given buyers significantly more choices, with 43% more homes available than at this time last year. While more homes are being listed and going under contract, actual closed sales were down 13.3% from last February. The good news is this is still better than January's numbers by 12%. 12.3%, showing an upward trend as we approach spring.