Housing market still super tight – should be a good year for sellers

February 16, 2015

by Mike Simonsen

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It’s mid-February and we have very little new inventory coming on the market. This is good news if you’re thinking about selling your home. And a signal that prices will continue to rise through the year.

Typically, a seasonal flood of new listings start coming on the market after the new year. By mid-February, we can see how fast the waters are rising. This chart shows that 2015 will emerge like the last two seasons with just a trickle of new inventory hitting the market.

Single Family Homes for sale across the 20 cities in the Altos Research 20-City Composite. Single Family Homes for sale across the 20 cities in the Altos Research 20-City Composite.

Get more details on how Realtors use Altos Research data with their clients.

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