Change in New Listing Count Year-over-Year in May 2023
- June 9, 2023
- Admin
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From March to May 2023, Dallas metro area maintained its postion as the leading contender among the top 15 metro areas., as it recorded 0.2% increase in new property listings. This resulted in a cumulative listing of 47,100 single-family homes, indicating a robust and thriving real estate market in the region.
Conversely, the Seattle metro area encountered a substantial decline in year-over-year new property listings during the same timeframe. The decline was significant, reaching 37.3% compared to the previous year. By May 2023, only 11,590 single-family homes were listed, showcasing a dramatic plunge in listings and presenting a challenging market landscape for sellers in the Seattle area.
Learn more about the metrics in PropMix Market Insights.