06/19/2024
More than half of the states had inventory levels in May 2024 that were more than 40% below pre-pandemic (shades of blue), and 9 had inventory levels that were more than 60% below pre-pandemic. Nearly one-third of the active listings in May 2024 came from two states: Florida (18%) and Texas (13%). Texas’ active inventory is now 2% ABOVE where it was in May 2019, and Florida’s active inventory is ONLY 4% below. Not surprisingly, it is in the ‘green states’ on the map that we are seeing the greatest pricing pressure in certain cities.
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* Jacqueson Choisius, Realtor, E-PRO, ABR
* Lokation Real Estate
* Call/Text: 954-369-6846