One of the most telling indicators of a real estate market’s movement is the rate of new listings hitting the market each day. A high rate of new listings suggests a growing inventory and potential buyer advantages, while a low rate indicates tighter inventory and greater seller leverage. Let’s analyze Pasco’s market based on the listings per day metric across different price points.
Overall Market Trends in Listings Per Day
- Across all price points, the average listing rate varies significantly, with lower-priced homes seeing slower additions to the market.
- Higher-priced homes ($750,000+) experience the slowest listing rates, indicating limited new inventory in the luxury segment.
Price Range Breakdown: Listings Per Day
$0 – $350,000
- New Listing Frequency: 1 new listing every 6 days.
- Total Listings YTD: 14.
- Market Implications: The lowest price segment has an extremely limited supply of new homes, leading to high competition and making it a strong seller’s market.
🚨 Insight: If you’re a buyer in this range, expect fast-moving inventory and fewer choices. Sellers benefit from high demand and bidding wars.
$350,000 – $450,000
- New Listing Frequency: 1 new listing every 1.3 days.
- Total Listings YTD: 63.
- Market Implications: This segment has one of the fastest new listing rates, meaning homes are regularly becoming available, giving buyers more opportunities.
✅ Insight: Buyers in this price range have the best selection, though competition remains strong. Sellers still hold an advantage but may see more price sensitivity.
$450,000 – $550,000
- New Listing Frequency: 1 new listing every 3 days.
- Total Listings YTD: 28.
- Market Implications: A moderate listing rate keeps the market competitive but not overwhelmingly difficult for buyers.
⚖️ Insight: Balanced conditions exist here, with a steady flow of homes entering the market while demand remains consistent.
$550,000 – $650,000
- New Listing Frequency: 1 new listing every 4.7 days.
- Total Listings YTD: 18.
- Market Implications: Homes in this range enter the market at a slower rate, limiting buyer choices.
⚠️ Insight: Sellers in this segment benefit from lower competition, while buyers must act fast when listings appear.
$650,000 – $750,000
- New Listing Frequency: 1 new listing every 7 days.
- Total Listings YTD: 12.
- Market Implications: Inventory is moving slower, reducing options for buyers and strengthening seller positions.
🔍 Insight: Limited supply means sellers hold strong pricing power, while buyers must be patient and ready to move quickly when listings appear.
$750,000 – $850,000
- New Listing Frequency: 1 new listing every 14 days.
- Total Listings YTD: 26.
- Market Implications: The slowest listing rate in the market makes it highly favorable for sellers, as limited supply keeps prices firm.
🚨 Insight: If you’re selling in this range, you have the upper hand. Buyers should prepare for fewer choices and tougher competition.
$850,000 – $1,000,000
- New Listing Frequency: 1 new listing every 12 days.
- Total Listings YTD: 7.
- Market Implications: Luxury homes in this segment see infrequent new listings, keeping the market tight.
🏡 Insight: Buyers looking in this range will find fewer new homes, while sellers can benefit from steady demand and longer listing exposure.
$1,000,000 and Higher
- New Listing Frequency: 1 new listing every 14 days.
- Total Listings YTD: 6.
- Market Implications: The high-end market sees very few new listings, making each one highly valuable.
💰 Insight: This price range remains a niche market with minimal turnover. Buyers need patience, while sellers should focus on strategic pricing to maximize value.
Key Takeaways from Listings Per Day Analysis
- Fastest Market Activity: Homes in the $350K-$450K range see the most frequent new listings, giving buyers the most choices.
- Strongest Seller Market: Luxury homes ($750K+) and entry-level homes ($0-$350K) see the lowest number of new listings, favoring sellers due to limited supply.
- Best Balance for Buyers and Sellers: The $450K-$550K range offers a steady listing rate, making it one of the more balanced price segments.
For personalized real estate guidance in Pasco, reach out to ryan@kenmoreteam.com or call 509.987.4544. Understanding listing frequency can help you time your home search or sale effectively!