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Atlanta metro area experienced the highest YoY change in the inventory for sale by the end of June 2024, across the top 15 metro areas, with an increase of 39.3% compared to the same period last year and an inventory for sale value of 40,150. In contrast, Chicago metro area saw the lowest YoY change, with a decrease of 3.8% and an inventory for sale value of 21,060. The Los Angeles metro area had a substantial YoY increase of 27.8%, followed closely by the Dallas metro area at 26.8% and the Miami metro area at a 25.5% increase in inventory for sale. Metro areas such as Jacksonville, Houston, Denver, and Austin saw a rise in YoY change in inventory for sale ranging from 23.6% to 18.3%. On the lower end, the Boston, Seattle, Philadelphia, and Washington metro areas had more modest increases in YoY change in the inventory for sale ranging from 13.7% to 8.4%. Meanwhile, the New York metro area experienced a 3.2% YoY increase in inventory compared to the same period last year.

Learn more about the metrics in PropMix Market Insights.

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