AS YOUR TRUSTED REAL ESTATE ADVISOR, I HAVE VALUABLE AND UNIQUE INFORMATION ABOUT THE PULSE OF THE MARKET BASED ON REAL-TIME DATA. FOR EXAMPLE,
New listings have leveled off, holding just above last year’s pace, while more homeowners are choosing to withdraw from the market altogether. At the same time, over 42% of active listings have cut their prices—evidence of softer buyer demand and the risks of mispricing.
For sellers, less competition creates opportunity, but success depends on launching with the right strategy. Pricing correctly from the start is key to capturing buyers quickly and avoiding costly reductions later.
Work with me to activate The Compass 3-Phased Marketing Strategy, which includes Private Exclusives and Coming Soon, designed help:
Position your home ahead of the market from day one
Capture serious buyers before momentum fades
Protect your pricing power in today’s high-inventory market
Let’s get your home market-ready with a strategy built for today’s shifting conditions.
HERE ARE A FEW INSIGHTS THAT STOOD OUT:
Housing supply looks to have hit its summer ceiling. Inventory is holding steady, with fewer new sellers entering the market and more homeowners choosing to withdraw rather than sell at today’s prices. While total inventory is still higher than last year, the pace of growth has slowed sharply.
New listings have flattened, no longer running ahead of 2024 as they did earlier this year. Meanwhile, buyer demand is steady but muted—pending sales are tracking in line with last year, reflecting how sensitive buyers remain to rates.
Price pressures continue to build. Asking prices per square foot are barely above 2024 levels and could soon dip negative, while 42% of homes on the market have already cut their price, the highest share for August in more than a decade.
Takeaway: With supply growth stalling and buyer demand constrained, sellers who list now face less competition but must price strategically to capture buyers early. Buyers, on the other hand, should take advantage of tools like Private Exclusives and Coming Soon to access inventory before it hits the broader market.
Source: Altos Research, Compass, Single Family - Updated through Aug 30
Have questions about what this means for your neighborhood or home? Reach out! Our team is always here to help.
