Is the spring housing market favorable for sellers right now?

Yes, we're still in a sellers' market. While the number of homes for sale has increased from last year, it remains below pre-pandemic levels, meaning there are fewer houses available compared to the number of buyers looking to purchase.

What is the main imbalance in today's housing market?

The biggest challenge is the supply-demand gap: there are far fewer houses for sale than there are people who want to buy them. This shortage of inventory is what continues to favor sellers in the current market.

How do current inventory levels compare to before the pandemic?

The number of homes for sale has risen from last year but still hasn't returned to pre-pandemic levels, meaning the market remains competitive for buyers and advantageous for sellers.

The Spring Housing Market Could Be a Sweet Spot for Sellers [INFOGRAPHIC]

By Anne-Britt OstlundFebruary 17, 20231 min read

Selling Your Home

The Spring Housing Market Could Be a Sweet Spot for Sellers [INFOGRAPHIC] — photo 1

Some Highlights

The biggest challenge in the housing market is how few houses there are for sale compared to the number of people who want to buy. The number of homes for sale is up from last year but below pre-pandemic numbers, and that means we’re still in a sellers’ market. The housing market needs more homes for sale to meet the demand of today’s buyers.

If you’ve thought about selling, let’s connect today. I'm Anne-Britt, your Telluride Luxury Realtor from Mountain Rose Realty.

Frequently Asked Questions

Is the spring housing market favorable for sellers right now?: Yes, we're still in a sellers' market. While the number of homes for sale has increased from last year, it remains below pre-pandemic levels, meaning there are fewer houses available compared to the number of buyers looking to purchase.
What is the main imbalance in today's housing market?: The biggest challenge is the supply-demand gap: there are far fewer houses for sale than there are people who want to buy them. This shortage of inventory is what continues to favor sellers in the current market.
How do current inventory levels compare to before the pandemic?: The number of homes for sale has risen from last year but still hasn't returned to pre-pandemic levels, meaning the market remains competitive for buyers and advantageous for sellers.