Rising Inventory Means This Spring Could Be Your Moment

Want to know two reasons this spring might finally be your time to buy? Inventory has grown and sellers may be more willing to negotiate as a result. That means you’ve got more options and more power than buyers have had in years. Let’s break it down.

1. You Have More Homes To Choose From

The number of homes for sale this February was higher than it’s been in any of the past five Februarys – and that’s great news for your home search. The graph below uses the latest data from Realtor.com to show the supply of homes on the market has grown by 27.5% in just the last year:

More choices for your search is a good thing – and experts also say that inventory is projected to continue rising this year, which is even better. It means it should be easier to find something that checks your most important boxes. But that’s not all this does for you. Danielle Hale, Chief Economist at Realtor.com, explains some of the other perks of more inventory, beyond just having more homes to consider:

“Buyers will not only have more home options . . . but they are also likely to find somewhat lower asking prices and more time to make decisions – all buyer-friendly factors as we inch closer to the busy homebuying season.”

2. You May Find Sellers Are Doing Price Cuts

Now that buyers have more options, some homes are sitting on the market a little longer – especially those that were priced too high from the start. And the result is more sellers are having to drop their prices to draw buyers back in. Just take a look at the numbers.

According to Realtor.com, the number of listings with price reductions has gone up compared to the last few years (see graph below):

This is a sign sellers are more willing to compromise today. If you look back to more normal years in the market (2017–2019), you’ll see that the number of price cuts happening today is much closer to what’s typical – and for most buyers, that’s a big relief.

What does that mean for you? It could give you a better chance to negotiate – whether that’s on price, closing costs, or even repairs. While not every seller will adjust their price, more of them are willing to do it – giving you more leverage than buyers have in quite a while.

How to Take Advantage of the Market Shift

1. Get Pre-Approved – With more inventory available, you’ll want to move quickly when you find the right home. A mortgage pre-approval strengthens your offer and shows sellers you’re serious.

2. Work with a Knowledgeable Agent – A real estate professional can help you navigate the shifting market, identify the best deals, and negotiate effectively on your behalf.

3. Stay Flexible – With more choices, be open to exploring different neighborhoods or home types that may offer better value.

4. Act Decisively – While competition may be easing, well-priced homes will still attract interest. If you find the right home, don’t wait too long to make your move.

Bottom Line

Rising inventory is a game-changer for homebuyers this spring. More choices, better pricing dynamics, and motivated sellers could make this the ideal time to find your dream home. If you’ve been on the fence, now is the time to take action. Connect with a real estate professional to explore your options and make the most of this market shift.

Book your appointment and let’s talk to take the next step in your real estate journey. Schedule a real estate consultation with one of our team members.