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July 2024 - Buyer Market Updates

July 09, 20240 min read

Inventory Growth & Lowest Buyer Demand by Major Metro

Large Metros are defined as markets with active inventory of 500 homes or more. 

Market Features: These metros also have a market strength of less than 0.40 and a YOY inventory increase of at least 50%. 

You can see the effect these 2 market features have on median DOM (days on market) & price reduction count. 

Data provided by: Realtor.com® Economic Research 

Full Dataset Here (This data is dynamic and updates every month, so the cities may be different. if you are reading this after July 2024.)

july 2024 buyer's market list

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