Buyer Demand Is Outpacing The Supply Of Homes For Sale

Dated: 02/01/2017

Views: 241

The price of any item is determined by the supply of that item, as well as the market demand. The National Association of REALTORS (NAR) surveys “over 50,000 real estate practitioners about their expectations for home sales, prices and market conditions” for their monthly REALTORS Confidence Index.


Their latest edition sheds some light on the relationship between Seller Traffic (supply) and Buyer Traffic (demand).

Buyer Demand

The map below was created after asking the question: “How would you rate buyer traffic in your area?”

Buyer Demand Is Outpacing the Supply of Homes for Sale | MyKCM

The darker the blue, the stronger the demand for homes in that area. Only six states had a weak demand level.

Seller Supply

The Index also asked: “How would you rate seller traffic in your area?”

As you can see from the map below, the majority of the country has weak Seller Traffic, meaning there are far fewer homes on the market than what is needed to satisfy the buyers who are out looking for their dream homes.

Buyer Demand Is Outpacing the Supply of Homes for Sale | MyKCM

Bottom Line

Looking at the maps above, it is not hard to see why prices are appreciating in many areas of the country. Until the supply of homes for sale starts to meet the buyer demand, prices will continue to increase. If you are debating listing your home for sale, let’s get together to help you capitalize on the demand in the market now!


Denver CO Real Estate Jennifer Gaines The REALTOR® that works for you! Specializes in matching people to homes and professional resale services in Aurora, Centennial, Castle Rock, Parker and surrounding areas. While helping you find the home of your dreams or sell your home for top dollar, you’ll experience the ultimate customer service experience. Get the Gaines Advantage today and call or text me: Jennifer Gaines 303-906-8218   google.com/+JenniferGainesAdvantage


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Jennifer Gaines

Welcome to my resourceful web site! I hope you enjoy all the features offered here. I am a Colorado native and have lived in S.E. Aurora for the past 15 years. I love all of the variety and the peop....

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