Metros Where for Sale Listings are the Strongest During Spring Season

Certain markets see surges in for sale listings earlier than the rest of the country for the spring season. Based on inventory data from over the past few years, Realtor.com has compiled a list of markets where the spring months (March, April, and May) are comparatively the strongest.
Here’s the list of markets along with their median list price:
  1. Tallahassee, FL – $313K
  2. San Jose, CA – $1.2M
  3. Los Angeles, CA – $1.1M
  4. Oxnard, CA – $1.0M
  5. Bridgeport, CT – $805K
  6. New York, NY – $741K
  7. Allentown, PA – $369K
  8. Philadelphia, PA – $337K
  9. Salisbury, MD – $484K

Our take
This is just another reminder that housing markets can vary widely across the country. Regional and local factors significantly affect every facet of real estate. While most U.S. housing markets are still waiting to see increases in listings, certain parts of the country are already seeing spikes in listings. We recommend agents compile a similar list of micromarkets within their area that see seasonal trends like this one. These spiking spring markets are prime opportunities for homebuyers hoping to beat the summer rush, and sellers looking to reel in an offer before the competition heats up.

 

James and David, The Blueprint

February 27, 2024