Housing Markets Where Home Listings Spiked This Summer

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August marks the end of a very exciting homebuying season filled with dynamic changes in local housing markets. The season began with significant inventory shortages creating pent-up demand in local markets with buyers waiting eagerly for homes to come on the market. Sellers who were able to list their homes in April experienced multiple offers and short time on market with little competition from neighbors.

As the season closed, significant month-over-month inventory increases added more competition to the April seller's markets and slowed price acceleration and time on market.

"Top 10 Housing Markets Where Homeowners Wish They'd Listed in April" includes the markets with largest increases in inventory from April 2013 to August 2013. While many of these markets are still seeing year-over-year price increases and short time on market -- sellers who wanted to take advantage of very low competition and extremely quick times on market likely would have been better off listing their homes in April.

Included with the slideshow below showing the Top 10 are sample listings in the $100,000 to $250,000 range, where some bargains for first-time homebuyers and others shopping the lower-cost market might still be found.

WHERE HOMEBUYERS WISH THEY'D LISTED EARLIER:
11 PHOTOS
Top Housing Markets Where Home Listings Have Grown
See Gallery
Housing Markets Where Home Listings Spiked This Summer

Listed Homes in April 2013: 2,507
Listed Homes in August 2013: 1,808
Change in Inventory: 38.7%

Shown above: $150,000 - 712 Stephens Drive, Bakersfield, Calif., 93304
See more homes for sale in Bakersfield.

Listed Homes in April 2013: 7,063
Listed Homes in August 2013: 4,895
Change in Inventory: 44.3%

Shown above: $135,700 – 2334 NE 102nd St., Apt. 101, Seattle, Wash. 98125
See more homes for sale in Seattle-Bellevue-Everett.

Listed Homes in April 2013: 2,258
Listed Homes in August 2013: 3,333
Change in Inventory: 47.6%

Shown above: $239,000 – 4574 Tradewinds Walkway Apt 2, San Jose, Calif. 95123
See more homes for sale in San Jose.

Listed Homes in April 2013: 5,617
Listed Homes in August 2013: 8,530
Change in Inventory: 51.9%

Shown above: $174,900 – 2139 Conowoods Drive, Springfield, Ohio 45503
See more homes for sale in Dayton-Springfield.

Listed Homes in April 2013: 828
Listed Homes in August 2013: 1,269
Change in Inventory: 53.3%

Shown above: $144,900 – 10242 Jamestown Drive, No. 7F, Anchorage, Alaska 99507
See more homes for sale in Anchorage.

Listed Homes in April 2013: 2,314
Listed Homes in August 2013: 3,776
Change in Inventory: 62.2%


Shown above: $125,000 – 9525 Birch St, Oakland, Calif., 94603
See more homes for sale in Oakland.

 

Listed Homes in April 2013: 14,975
Listed Homes in August 2013: 25,496
Change in Inventory: 70.3%

Shown above: $168,000 – 1842 Milton St,, Riverside, Calif., 92507
See more homes for sale in Riverside-San Bernardino.

Listed Homes in April 2013: 2,129
Listed Homes in August 2013: 3,728
Change in Inventory: 75.1%

Shown above: $129,500 – 109 Begonia Place, Ventura, Calif., 93004
See more homes for sale in Ventura.

Listed Homes in April 2013: 16,326
Listed Homes in August 2013: 29,764
Change in Inventory: 82.3%

Shown above: $185,000 – 535 Magnolia Ave., Unit 305, Long Beach, Calif., 90802

See more homes for sale in Los Angeles and Long Beach.


 

Listed Homes in April 2013: 6,408
Listed Homes in August 2013: 12,835
Change in Inventory: 100.3%

Shown above: $175,000 – 1717 Normandy Place, No. 44D, Santa Ana, Calif., 92705

See more homes for sale in Orange County.

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