For the seventh straight month, there have been over 1 million homes for sale nationwide. That’s a milestone we haven’t seen in years—and it signals a meaningful shift in today’s housing market.

So what does this growing inventory actually mean for buyers and sellers? Let’s break it down.

Inventory Is Finally Building Momentum

The latest data shows active listings steadily rising month after month, pushing total inventory past the 1‑million mark and keeping it there. This trend reflects a market that’s gradually rebalancing after years of tight supply.

More homes on the market means:

  • More choices for buyers

  • Less urgency to make split‑second decisions

  • A slower, more thoughtful pace overall

That doesn’t mean the market is oversupplied—but it does mean conditions are becoming healthier.

What This Means If You’re Buying

If you’ve been waiting for more options, this is welcome news.

With more homes for sale, buyers can:

  • Compare properties instead of settling

  • Be more selective about location, layout, and features

  • Negotiate more confidently on price, repairs, or closing costs

While affordability still depends on interest rates and pricing, increased inventory gives buyers leverage they haven’t had in a long time.

What This Means If You’re Selling

For sellers, rising inventory means strategy matters more than ever.

Homes that are priced right, well‑presented, and marketed effectively are still selling—but buyers now have options. That makes it essential to:

  • Price your home realistically

  • Highlight what makes it stand out

  • Be prepared to negotiate

The good news? Serious buyers are still out there. They’re just more selective.

A More Balanced Market Is Taking Shape

Crossing the 1‑million‑homes‑for‑sale threshold isn’t a sign of trouble—it’s a sign of normalization. The market is moving away from extreme conditions and toward something more sustainable.

That’s good for:

  • Buyers who want choice

  • Sellers who price smart

  • The overall health of the housing market

Bottom Line

With over 1 million homes for sale for seven months in a row, today’s market offers more opportunity—and more nuance—than we’ve seen in years. Whether you’re buying or selling, having the right guidance can make all the difference.

If you want to talk about how this inventory shift impacts your next move, let’s connect and look at what it means for you specifically.