Are There More Homes Coming to the Market?

May 11, 2022

According to a recent survey from the National Association of Realtors (NAR), one of the top challenges buyers face in today’s housing market is finding a home that meets their needs. That’s largely because the inventory of homes for sale is so low today.

If you’re looking to buy a home, you may have noticed this yourself. But there is good news. Recent data shows more sellers are listing their houses this season, which may give you more options for your home search.

Early Signs Inventory May Be Growing

The latest data from realtor.com shows the number of listings coming onto the market, known in the industry as “new listings,” has increased since the start of the year (see graph below):

Are There More Homes Coming to the Market? | MyKCM

This indicates more sellers are listing their homes for sale each month this year. And according to realtor.com, this growth is expected to continue. Their research finds that most potential sellers plan to list their homes over the next six months. Realtor.com says:

“. . . markets may see a noticeable bump in the number of homes for sale as we move through spring and into summer. A majority of homeowners planning to sell this year indicated that they aim to list in the next six months, with almost 10% having already placed their properties on the market.”

Homes Are Still Selling Quickly

But while new listings are increasing, it’s important to know they’re also selling quickly. The latest Realtors Confidence Index from NAR shows the median days on market for recently sold homes since the beginning of the year (see chart below). The time on the market has decreased month-over-month. That means homes are selling even faster than they did the previous month.

Are There More Homes Coming to the Market? | MyKCM

What That Means for You

While a low-inventory market is difficult to navigate as a buyer, there is hope. The growing number of new listings and the expectation more sellers will list their homes in the coming months is great news if you’ve had a hard time finding a home that fits your needs. Just remember, those new listings are going fast. That means you’ll want to keep your foot on the gas and be ready to act if you find a home you love this season.

Your agent can help you stay on top of the latest listings in your area so you can find the right home for you and submit your strongest offer as quickly as possible.

Bottom Line

If you’ve been having difficulty finding your dream home, stick with your search. More options are coming to market, and your ideal home could be one of them. Let’s connect so you can stay up to date on the latest listings in our market and be ready to move fast when you find the one that’s right for you.

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Residential For Sale

118 Hall Street, East Providence, Rhode Island 02914

Mateus Realty
3Bedroom(s)
2Bathroom(s)
Garage Door OpenerParking(s)
36Picture(s)
2,058Sqft
New construction!! 3 bed, 2 1/2 bath Colonial with over 2,000sqft of living space!! 1st floor features tiled floors, living room, kitchen with stainless appliances, tiled backsplash and marble counters, dining area, sliders to patio, 1/2 bath, laundry/utility room.
$499,900

Residential For Sale

137 Lark Lane, Tiverton, Rhode Island 02878

RI Real Estate Services
4Bedroom(s)
2Bathroom(s)
No GarageParking(s)
39Picture(s)
4,104Sqft
This is the largest manufactured home in this desirable 55 + community with a full finished walkout basement. Countryview estates offers so many amenities there are organized activities, heated indoor and outdoor pool, clubhouse, library, zumba and yoga classes, full fitness center.
$400,000

Residential For Sale

17 Main Street, Hopkinton, Rhode Island 02804

Keller Williams Coastal
1Bedroom(s)
1Bathroom(s)
No GarageParking(s)
17Picture(s)
502Sqft
Awesome 3 Season Summer Cottage!!! With beautiful views and access to the Pawcatuck river and only minutes to Westerly Beaches. Featuring Open kitchen and spacious living room with Cathedral ceilings & Pellet Stove. Sit back and relax in the large 3 Season room with cozy fireplace enjoying the summer breeze while looking out over the water.
$72,500

Residential For Sale

400 Wayland Avenue, Providence, Rhode Island 02906

Residential Properties, Ltd.
5Bedroom(s)
3Bathroom(s)
GarageParking(s)
50Picture(s)
3,517Sqft
This stunning 1930's Wayland Square Colonial on a large bright corner lot was top-to-bottom renovated to include every amenity for today's family.
$1,249,000

Residential For Sale

708 Fruit Hill Avenue, North Providence, Rhode Island 02911

HomeSmart Professionals
4Bedroom(s)
2Bathroom(s)
GarageParking(s)
31Picture(s)
2,486Sqft
This stunning colonial was custom built and retains much of its original 1950's charm yet incorporates many updates including a custom chef's kitchen that is truly one of a kind. Sitting on over a half an acre, and boasting over 2,000 feet of beautiful hardwood floors, this four bedroom home offers a spacious living room, formal dining and two full bathrooms.
$589,900

Residential For Sale

31 Summit Avenue, Providence, Rhode Island 02906

Williams & Stuart Real Estate
3Bedroom(s)
1Bathroom(s)
GarageParking(s)
40Picture(s)
1,350Sqft
Looking for a beautiful, well-built, East Side home priced to allow you to add your own personal style and updates? Look no further than this classic, charm-filled, 1940s Colonial! As you enter the front door, you are greeted by a welcoming entry hall which opens to a spacious living room with a gas fireplace & built-in bookcase.
$550,000

Residential For Sale

100 Chestnut Street, Cranston, Rhode Island 02910

Coldwell Banker Realty
3Bedroom(s)
2Bathroom(s)
GarageParking(s)
23Picture(s)
1,542Sqft
WELCOME HOME TO YOUR SPACIOUS SINGLE FAMILY IN THE HEART OF CRANSTON!!! 3 BEDROOMS! 2 FULL BATHS!! 2 CAR GARAGE!! SPACIOUS BACKYARD! SPACIOUS KITCHEN!!! FRONT BREEZEWAY DON'T MISS OUT!!
$295,000

Residential For Sale

1 Percy Lane, Narragansett, Rhode Island 02882

WATERFRONT PROPERTIES
2Bedroom(s)
2Bathroom(s)
No GarageParking(s)
20Picture(s)
1,141Sqft
A Gem! Located in Jerusalem/East Matunuck perched up on a hill this 2+ bedroom 2 full bath cottage with all new kitchen appliances, flooring, Air Conditioning, paint. This place has it all! With Water views and walking distance to the Beach, Skips Dock for coffee & a bite, Dog Beach for swimming with the kids, or fishing off the Jetty. Don't miss out on this wonderful community.
$1,495,000

Residential For Sale

81 Stillwater Road, Smithfield, Rhode Island 02917

Engel & Volkers East Greenwich
4Bedroom(s)
2Bathroom(s)
GarageParking(s)
42Picture(s)
2,375Sqft
Reimagined beautifully renovated lakeside cottage.
$579,900

Residential For Sale

0 Coletta Court, Cranston, Rhode Island 02921

Williams & Stuart Real Estate
3Bedroom(s)
2Bathroom(s)
GarageParking(s)
5Picture(s)
2,500Sqft
Almost done! Ready for late fall, this 3 bed, 2 1/2 bath ranch has a phenomenal layout. Open concept gourmet kitchen with walk in pantry, dining room and a fireplaced great room. Master suite with custom tiled shower and walk in closet is on one side of the home and 2 generous size bedrooms and bath complete the other side. This 7 lot subdivision is quietly tucked away off Comstock Parkway.
$824,900

Residential For Sale

501 Matunuck School House Road, South Kingstown, Rhode Island 02879

Mott & Chace Sotheby's Intl.
4Bedroom(s)
3Bathroom(s)
Garage Door OpenerParking(s)
45Picture(s)
4,664Sqft
Rare opportunity to own 57.87 acres in Matunuck. These two parcels are comprised of 52.04 acres of agricultural/farming land including an 80' x 100' barn with 6 box stalls. Under roof is 6,000 sq ft. of concrete flooring and 2,000 sq.ft of dirt flooring. There is a heated office, tack room and half bath. This parcel also has a separate one bedroom septic installed.
$3,900,000

Residential For Sale

22 Wood Cove Drive, Coventry, Rhode Island 02816

Amaral & Associaties RE, Inc.
3Bedroom(s)
2Bathroom(s)
GarageParking(s)
40Picture(s)
2,868Sqft
L is for the way you look at me , O is for the only one I see, V is very very extraordinary, E is even more than anyone that you adore can, Love is all I can say and give to you. Come and explore this extraordinary 3 bedroom 2.5 bath. Words cannot explain nor pictures do it justice.
$579,900

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