“Median prices are distorted by the mix and repeat sales indexes like Case-Shiller and FHFA are probably better for measuring prices.”

“More buyers will keep coming out of the woodwork. We always see a seasonal uptick in home shoppers in March and April . . .”

“Inventory levels are still at historic lows . . . Consequently, multiple offers are returning on a good number of properties."

“More buyers will keep coming out of the woodwork. We always see a seasonal uptick in home shoppers in March and April . . .”

According to the latest Home Buyers and Sellers Generational Trends Report from the National Association of Realtors (NAR), the average person has lived in their current house for ten years.

Why Does Low Inventory Make It a Good Time To Sell?

“Inventory levels are still at historic lows. Consequently, multiple offers are returning on a good number of properties.”

“Move-in-ready homes with curb appeal and in desirable areas—and that are priced to sell—are especially likely to move quickly this spring.”

When the supply of homes for sale is as low as it is right now, it’s much harder for buyers to find one to purchase.