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More sellers are entering the market—no surprise there. But what is surprising is how fast inventory is rising.
📊 According to Altos Research:
- New listings are up 14% year over year — the highest mid-March levels since 2020.
- Homes for sale have increased 29% from last year.
- 34% of active listings have already seen price reductions.
What This Means for You:
👥 Buyers
- More choices mean less pressure to act fast
- More room to negotiate
- Better options on the market
🏡 Sellers
- More competition means pricing trends matter more than ever
- Understanding buyer demand is key to attracting strong offers
If anything’s changed with your real estate plans for the spring, call me, text me, or email me, and I’ll help you get what you need to make an informed decision.
#RealEstateTrends #MarketUpdate #SpringHousingMarket #SanDiegoRealEstate #LuxuryLiving
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great to be with you