by Calculated Risk on 2/27/2025 04:01:00 PM

What this means: On a weekly basis, Realtor.com reports the year-over-year change in active inventory and new listings. On a monthly basis, they report total inventory. For February, Realtor.com reported inventory was up 27.5% YoY, but still down 22.9% compared to the 2017 to 2019 same month levels. 

 Now - on a weekly basis - inventory is up 27.7% YoY.

Realtor.com has monthly and weekly data on the existing home market. Here is their weekly report: Weekly Housing Trends View—Data for Week Ending Feb. 22, 2025

• Active inventory increased, with for-sale homes 27.7% above year-ago levels

The number of homes for sale has now been higher than the previous year for 68 consecutive weeks. This continued rise in active inventory suggests that homes are not only being listed at a higher rate but are also lingering on the market longer. With more choices available, buyers can afford to be more selective, putting pressure on sellers to price competitively.

• New listings—a measure of sellers putting homes up for sale—increased 2.5%

Newly listed inventory grew for the seventh consecutive week, signaling that sellers are gaining confidence in listing their homes despite persistently high mortgage rates. While this week’s increase is slightly smaller than the previous week, the steady influx of fresh inventory offers buyers more options as the market heads into the spring season.

Here is a graph of the year-over-year change in inventory according to realtor.com. 

Inventory was up year-over-year for the 68th consecutive week.  

New listings have increased recently but remain below typical pre-pandemic levels.

Weekly Schedule