Real estate markets move in cycles, and one of the most important indicators of those cycles is months of inventory. This metric tells us how long it would take to sell all available homes at the current pace if no new listings came on the market. Understanding it can make a huge difference in how you approach buying or selling.
A Look Back: When Buyers Had the Advantage
Back in 2008, it peaked at over 13 months of inventory. That level of supply clearly signaled a strong buyer’s market. Homes stayed on the market longer, prices were more negotiable, and buyers had the upper hand when it came to inspections, concessions, and closing timelines.
Fast Forward: A Dramatic Shift
By 2021, after years of market correction and changing demand, inventory dropped to around six months—and in many cases even less. While six months is often considered “balanced,” the reality was far from it. There were simply not enough homes available to meet buyer demand. Competition increased, homes sold faster, and many buyers found themselves in multiple-offer situations.
Where We Are Today
Inventory remains historically tight. Fewer homes for sale means every listing matters more, and every decision carries more weight. For buyers, this means preparation is critical. Being pre-approved, understanding your budget, and acting quickly can make the difference between securing a home or missing out.
For sellers, low inventory can be an advantage—but only if your home is priced correctly and positioned well. Strategic pricing, timing, and presentation are essential to maximizing your outcome.
Why Strategy Is Everything
In a market like this, success doesn’t come from guessing or waiting—it comes from having a clear plan. Buyers need to know how to compete without overextending themselves. Sellers need to know how to leverage demand while avoiding costly mistakes.
That’s why building a personalized strategy matters. When you understand the market and your options, you’re able to move with confidence and make decisions that support your long-term goals.
If you’re thinking about buying or selling, now is the time to connect and create a strategy that puts you in the strongest possible position in today’s market.