A Multi-Tier Review of Listing Volume and Market Supply
Inventory is a core driver of housing market health. By tracking total listings and new listings per day, we gain a clearer understanding of how much supply is entering the Pasco new construction market—and how that pace has changed over time.
This analysis evaluates inventory across four timeframes: past 12 months (365 days), 6 months (180 days), 3 months (90 days), and the most recent full month (March 2025).
Inventory Snapshot – New Listings by Timeframe
| Timeframe | Total New Listings | Listings per Day | Trend Summary |
|---|---|---|---|
| 365 Days | 494 | 1.35 | Annual benchmark |
| 180 Days | 163 | 0.91 | Notable slowdown from baseline |
| 90 Days | 78 | 0.87 | Slight dip from 180-day period |
| 30 Days (Mar) | 26 | 0.84 | Stabilized near recent average |
365-Day Overview – The Baseline
Over the past year, 494 new construction homes were listed in Pasco, averaging 1.35 new listings per day.
Key Insight: This figure sets the long-term benchmark. Builder activity was robust through 2024, with a steady and healthy stream of supply hitting the market. This rate reflects strong development momentum in the Pasco area.
180-Day Trend – Noticeable Slowdown
In the past 180 days, 163 homes were listed, averaging 0.91 per day—a 33 percent drop from the 365-day pace.
Key Insight: This decline suggests a strategic contraction in listing activity. Builders may have paused or slowed rollout during late fall and early winter, a period that typically sees lower buyer traffic. The shift also coincides with growing sensitivity around pricing and absorption rates.
90-Day Trend – Stabilizing Output
The past 90 days brought 78 listings, averaging 0.87 per day—a minor decline from the 180-day period.
Key Insight: The market began to stabilize in early 2025. Although not back to long-term highs, builders resumed a steady pace of listings. This suggests growing confidence heading into the spring market, albeit with more caution than a year prior.
March 2025 – Most Recent Full Month
March saw 26 listings, averaging 0.84 per day, which aligns closely with the 90-day trend.
Key Insight: Builder activity in March remained consistent with the recent quarter, indicating that listing volume may have plateaued for now. This controlled pace is likely intentional, designed to avoid oversupply while gauging buyer response heading into the busiest season.
Inventory Flow Summary
| Period | Change vs. Previous Period | Interpretation |
|---|---|---|
| 365 → 180 Days | ↓ from 1.35 to 0.91/day | Significant reduction in inventory supply |
| 180 → 90 Days | ↓ from 0.91 to 0.87/day | Minor decrease, shows stabilization |
| 90 → 30 Days | ↓ from 0.87 to 0.84/day | Near flat, potential floor for listings |
Overall Insight:
- Inventory supply is slower than it was a year ago, but has leveled off over the past few months.
- Builders appear to be moderating listing activity, likely balancing cost pressures, buyer demand, and market absorption capacity.
- The consistent rate of 0.84 to 0.87 listings/day over the last 90 days suggests a measured and sustainable approach to bringing homes to market.
Seasonal Considerations and Strategic Implications
- The decrease from the 365-day trend likely reflects seasonal listing patterns, with fewer homes introduced during winter months.
- As we move into Q2, expect listing rates to increase slightly if buyer traffic returns and spring demand justifies additional supply.
- A restrained approach by builders may help prevent price erosion while sustaining demand for current and upcoming inventory.
Final Takeaways
- Listing activity has declined by approximately 38 percent from peak 12-month averages but has since flattened.
- The Pasco new construction market is not overbuilt, and current inventory is entering the market at a measured, cautious pace.
- If demand rises heading into summer, builders will be in a good position to respond without needing to offload excess product.
- Buyers may experience limited selection in the short term, especially if sales outpace new listings in Q2.