Active inventory is the number of homes actively listed for sale in a geography at a given time. It is the supply side of the market and a key input to months of inventory.
Count of active for-sale listings
Rising active inventory gives buyers more choice and bargaining power and tends to slow price growth; shrinking inventory concentrates competition and supports higher prices. Compare it year over year rather than month to month, because listing activity is strongly seasonal.
See active inventory for any state, metro, county, or ZIP code in the Reatlas Market Explorer.
Explore the dataSource: Reatlas analysis of U.S. Census American Community Survey (ACS), Realtor.com, and Zillow market data.