Time to Negotiate? For-Sale Listings Grow, Home Prices Slow in December

Active home listings rose 12.1% annually in December to 976,833, with the largest gains in Washington D.C., Charlotte, and Las Vegas. The median list price fell 3.6% from November and 0.6% year-over-year to $399,950. Listings with price reductions reached 12.9%, and median time on market increased to 73 days. The South saw the highest regional inventory growth at 26.7%.

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