The Bright Spot in Today’s Housing Market: Growing Inventory Offers More Options for Homebuyers

One of the biggest bright spots in today’s housing market is the significant growth in the supply of homes for sale since the beginning of the year. If you've been contemplating buying a home in the Dallas-Fort Worth metroplex, including areas like Fort Worth, Keller, Haslet, and Southlake, this shift in inventory is great news for you.

Inventory Growth: A National Perspective

Recent data from Realtor.com reveals that nationally, there are 36.6% more homes actively for sale now compared to the same time last year. This substantial increase in inventory gives you far more options for your move than you would have had just a year ago. With more homes on the market, you’re also regaining some negotiation power, making it a better time to consider purchasing a home.

Why Inventory Growth Matters

As Lawrence Yun, Chief Economist at the National Association of Realtors (NAR), explains:

“Increased housing supply spells good news for consumers who want to see more properties before making purchasing decisions.”

This means that if you were discouraged by the limited inventory over the past few years, you now have a better chance of finding a home that meets your needs and fits your budget.

A Balanced Perspective on Inventory Levels

While the growth in inventory is promising, it’s essential to keep things in perspective. Even though the number of homes for sale has increased, we haven’t suddenly flipped to an oversupply of homes on the market. In fact, when we compare today’s inventory levels to pre-pandemic numbers (2017–2019), there are still roughly 29% fewer homes actively for sale.

Bill McBride, Housing Analyst for Calculated Risk, provides further insight:

“. . . currently inventory is increasing year-over-year but is still well below pre-pandemic levels.”

This means that while the inventory is improving, it’s still not at the levels we would see in a normal market. However, this gradual increase is a step in the right direction, giving buyers more options while maintaining stable home prices. If you compare today’s inventory levels to more normal, pre-pandemic numbers (2017–2019), there are still roughly 29% fewer homes actively for sale now (see graph below):

What This Means for Buyers in the DFW Metroplex

Real estate is hyper-local, meaning the conditions can vary significantly depending on where you are. In some parts of the DFW metroplex, inventory levels may be closer to pre-pandemic norms, providing even more opportunities for homebuyers.

For instance, areas like Fort Worth and Keller are seeing a steady increase in available homes, which could offer you a wider selection of properties. This is especially beneficial in a market where desirable homes often attract multiple offers, as it gives you a better chance to secure a home that meets your criteria.

Here’s a rundown of what today’s inventory growth looks like by region (see graph below):

Bottom Line

The supply of homes across the country is improving in a big way, and that’s excellent news for buyers. With more options available, you have a better chance of finding a home that suits your needs and budget.

If you’re ready to explore the growing inventory in Fort Worth, Keller, Haslet, Southlake, or the surrounding areas, let’s connect. We can discuss what you’re looking for in a home and your budget to find the best options for you. At DFW Elite Realty, we’re here to elevate your home buying experience and help you find the perfect home in today’s dynamic market.

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Ready to take advantage of the growing inventory? Reach out today, and let’s start your journey toward finding your dream home in the DFW metroplex.