A Quick Snapshot of the Weekly Housing Trends: 

Realtor.com’s research team releases weekly housing trend key finding. This week they relayed, “The number of new sellers has climbed from a year ago in the last 6 weeks, yet another measure highlighting the stark change between this year and last year. Despite the influx of sellers, the number of homes actively for sale is still down and homes continue to sell quickly and for higher prices.”

A quick snap shot of the Weekly Housing Trends: 

  • Median listing prices grew at 15.5 percent 
  • New listings–a measure of sellers putting homes up for sale–were up 8 percent, making this the 6th consecutive week of increases over last year.
  • Total active inventory remains 51 percent below this time last year.
  • Time on market was 32 days faster than last year

Click here to read the entire article & see a comparison chart that compares March to May.