How Growing Inventory Benefits Today's Buyers

August 23, 2024

While the number of homes for sale varies by local area, nationally we’re up over 36% year-over-year, but still down almost 29% compared to what’s normal.

How Growing Inventory Benefits Today's Buyers

In this Article...

The real estate market in Charleston, South Carolina, is experiencing a notable increase in inventory, providing significant benefits for today's buyers. Nationally, the number of homes for sale has surged by over 36% year-over-year, offering more options and greater negotiation power. This growing inventory means buyers can expect more favorable terms, including potential seller repairs and moderate price growth. For more insights on how this trend impacts your home search, connect with Charleston Home, your local real estate experts.

How Growing Inventory Benefits Today's Buyers

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Some Highlights

  • While the number of homes for sale varies by local area, nationally we’re up over 36% year-over-year, but still down almost 29% compared to what’s normal.​
  • Here’s what that means when you buy: more options for your search, more negotiation power for you, it’s more likely sellers will make select repairs, and more moderate price growth.
  • If you want to talk more about what rising inventory means for you, connect with a local real estate agent.
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