Inventory is Up, What Does that Mean for Home Sellers?

Inventory is Up, What Does that Mean for Home Sellers?

What does more listings on the market mean when you are trying to sell your house? 

Hi, I’m Tanja Odzak, eXp Realty, I help people sell and buy homes right here in the East Bay!

Last year we saw a huge decline in inventory with most homeowners sitting on the fence and not selling largely due to the high mortgage rates. However, now that there has been an influx of inventory in the marketplace, as a seller are you still at an advantage? 

The answer is primarily Yes. According to the latest data from Realtor.com new listings are trending up. More homeowners are putting a forsale sign in their yard compared to the same time last year. 

Newly listed homes are up 15.5% above last year levels. And, although this is good news for buyers to have more options to choose from, sellers are still in a good place as home prices continue to rise too. We are not seeing many price reductions in certain areas which means there is enough supply and demand to keep home prices up and buyers happy with choices. So if you are considering selling even though there are more listings on the market now is still a good time to sell as we are seeing a nice balance with supply and demand. 

If you would like more information on the current inventory in your East Bay neighborhood, home prices, and days on market, Call me today and let’s talk about it. I’m a seasoned East Bay expert with a 5-Star rating. I’ll help you navigate the market and make it happen, whether that’s buying or selling or both! 

And if you or someone you know needs to sell a home, ask me about my home selling plans.. I took the pain out of negotiating with a Realtor and made it SUPER simple. Really!  Choose Silver, Gold, or Platinum- Pick your Plan and Pick your Price. Terms do apply. I’m Tanja and I sell homes. Let’s get you going, Call me today!

I’m a Top Producing Realtor® in the OAKLAND / BERKELEY / EAST BAY AREA. I’ve been in the San Francisco East Bay Area since I came up to do my undergrad at UC Berkeley (a long time ago!), with a short stint at UC Davis while getting my Master’s. I take my duties as a Realtor® and Fiduciary very seriously, I enjoy educating my sellers and buyers along the way. Putting People, Before Profit. 

Why not check out one of my no-obligation, online, On-Demand, virtual Real Estate Seminars?

Click here—> I WANT TO GAIN ACCESS TO THE *HOME BUYER* SEMINAR NOW

Click here—> I WANT TO GAIN ACCESS TO THE *HOME SELLER* SEMINAR NOW

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