Lack of Existing Home Sales Inventory Impacting Sales [INFOGRAPHIC], Northwest Indiana Homes, Northwest Indiana Real Estate, Kim Odegard Team, Keller Williams Realty, NWI Keller Williams, Schererville Homes, Crown Point Homes, Saint John Homes, Dyer Homes, Highland Hom
- Existing home inventory is down 10.1% from last year.
- A lack of inventory explains the modest increase in home sales (0.8% year-over-year) despite strong buyer demand.
- Existing home prices increased 5.1% year-over-year, which is directly related to the lack of inventory.
Buyer demand is increasing as the inventory of homes available for sale remains low. If you are thinking about listing your home for sale this year, let’s meet up so I can help you take advantage of current market conditions! 219-671-1111