Prospective buyers shopping today have 52% fewer homes to choose from than at this time last year, according to Realtor.com's Monthly Housing Trends Report. This supply crunch translates to a record median list price of $370,000, 15.6% higher than a year ago. The numbers are even steeper in hot markets like Austin, Texas.
As reported in Realtor.com April 2021
Home Construction Activity Soars