More New Listings Are Hitting the Market – Especially in These 5 Places

March kicked off the spring housing market with momentum. For one thing, home sales spiked 23% from February’s total. Data from REMAX also revealed that the number of new listings in March across 50 surveyed U.S. metro areas rose 29.8% from February – and rose 7.9% from March 2024.

Those new listings supported the growth of overall housing inventory, too. Inventory was up 8% monthly and 35.5% annually.

However, no two housing markets see the exact same conditions. In fact, there are five metro areas from the March REMAX National Housing Report that saw the biggest influx of new listings:

In the Las Vegas area, new listings were up 28% compared to March 2024. The median sales price was $447,000 and homes spent an average of 43 days on the market before selling.

In the Nashville area, new listings were up 26.5% compared to March 2024. The median sales price was $456,525 and homes spent an average of 41 days on the market before selling.

In the Manchester area, new listings were up 26.3% compared to March 2024. The median sales price was $490,000 and homes spent an average of 17 days on the market before selling.

In the Houston area, new listings were up 20.6% compared to March 2024. The median sales price was $337,500 and homes spent an average of 52 days on the market before selling.

In the San Francisco area, new listings were up 17.5% compared to March 2024. The median sales price was $1,200,000 and homes spent an average of 27 days on the market before selling.

Curious about housing conditions in your area – and what they could mean for your home sale or purchase? Get in touch with a local RE/MAX agent today.

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