New housing data issued by realMLS for February 2023 shows an increase in New Listings, Active Inventory, Median Sales Price and Median Days on Market.

New Listings increased 16.9 percent in February compared to February 2022, and 5.9 percent compared to the previous month. Active inventory increased by a large margin of 170.10 percent compared to the previous  year and 2.2 percent compared to the previous month.

The increase of inventory is a welcomed sign for buyers who may be looking for that perfect home.