Published 2 months ago

Bright MLS February 2024 Housing Report: Mid-Atlantic has first inventory gain since May 2023

Summary by Ground News

Bright MLS February 2024 Housing Report: Mid-Atlantic has first inventory gain since May 2023. Closed sales trend higher than last year for another month. Active listings at the end of February were 0.3% above last year. Half the homes sold in February 2024 were off the market in 20 days or less.

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Benzinga

Bright MLS February 2024 Housing Report: Mid-Atlantic has first inventory gain since May 2023

Closed sales trend higher than last year for another month Active listings at the end of February were 6.3% higher than last year. This marks the first year-over-year gain in inventory in the Mid-Atlantic since May 2023. New listings increased 10.2% in February 2024 compared to February 2023. More new listings is a welcome sign for buyers struggling to find the right home, yet the market remains tight. Closed sales were up 0.5% in February, ano…

2 months ago·New York, United States

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