It’s always fascinating to watch how the real estate landscape shifts, and this year, we’ve seen a meaningful change: by mid-Q2 2024, 18 states across the US reported more homes for sale than they had in 2019. This is a significant turn after the prolonged post-pandemic inventory shortage that challenged buyers and sellers alike. Nationally, inventory is still tight—supply remains below what we saw before 2020—but these pockets of growth suggest a slow return to balance in some areas.
For buyers, this means a bit more breathing room, as increased supply can offer more choices and may help ease the pace of price growth where inventory is above pre-pandemic benchmarks. For sellers, however, the market is subtly shifting. With more competition, crafting the right pricing strategy and presenting your home at its very best become even more important.
In my 46+ years guiding clients through every type of market in Palo Alto, Mountain View, Menlo Park, and our surrounding communities, I’ve seen how these broader trends eventually ripple through to our local neighborhoods. My approach has always been about putting my clients first—staying accessible, listening, and helping you make informed decisions no matter what the market brings. Whether you’re buying or selling, it’s all about having the right information and support at every step.
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