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Top 20 Cities With Low Housing Inventory That’s Poised To Get Worse
Forbes
20 Cities With the Lowest Inventory
Cities analyzed in terms of number of months of home supply, inventory of available homes, and new listings of homes.
| City | Months of Supply of Inventory: 2020 | Months of Supply of Inventory: 2021 | Months of Supply YOY: 2020-21 | Inventory: Sept. 2020 | Inventory: Sept. 2021 | Inventory YoY: 2020-21 | Median Sale Price: 2020 | Median Sale Price: 2021 | Median Sale Price YoY: 2020-21 | New Listings: Sept. 2020 | New Listings: Sept. 2021 | New Listings YoY: 2020-21 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Bellevue, WA | 1.4 | 0.4 | -71.4% | 300 | 92 | -69.3% | $1,095,550 | $1,295,000 | 18.2% | 296 | 193 | -34.8% |
| Sunnyvale, CA | 1.7 | 0.6 | -64.7% | 144 | 68 | -52.8% | $1,425,000 | $1,650,000 | 15.8% | 130 | 103 | -20.8% |
| Irvine, CA | 2.7 | 0.8 | -70.4% | 802 | 238 | -70.3% | $844,500 | $1,060,000 | 25.5% | 367 | 260 | -29.2% |
| Eugene, OR | 1.1 | 0.6 | -45.5% | 287 | 170 | -40.8% | $375,000 | $425,000 | 13.3% | 280 | 223 | -20.4% |
| Irving, TX | 2.2 | 0.9 | -59.1% | 363 | 162 | -55.4% | $284,995 | $322,733 | 13.2% | 183 | 158 | -13.7% |
| Carrollton, TX | 1.4 | 0.8 | -42.9% | 196 | 111 | -43.4% | $319,900 | $367,000 | 14.7% | 142 | 137 | -3.5% |
| Frisco, TX | 1.5 | 0.8 | -46.7% | 566 | 245 | -56.7% | $423,495 | $539,000 | 27.3% | 303 | 246 | -18.8% |
| Denton, TX | 1.5 | 0.8 | -46.7% | 301 | 148 | -50.8% | $275,000 | $325,000 | 18.2% | 178 | 183 | 2.8% |
| Oxnard, CA | 1.9 | 1.1 | -42.1% | 237 | 143 | -39.7% | $630,000 | $680,000 | 7.9% | 209 | 110 | -47.4% |
| Escondido, CA | 0.9 | 0.7 | -22.2% | 178 | 135 | -24.2% | $640,000 | $740,000 | 15.6% | 206 | 163 | -20.9% |
| Salt Lake City, UT | 1.5 | 0.9 | -40.0% | 572 | 321 | -43.9% | $400,000 | $521,000 | 30.3% | 394 | 212 | -46.2% |
| Grand Prairie, TX | 1.2 | 0.8 | -33.3% | 202 | 136 | -32.7% | $262,000 | $290,500 | 10.9% | 162 | 150 | -7.4% |
| Huntsville, AL | 1.9 | 0.9 | -52.6% | 950 | 434 | -54.3% | $257,894 | $280,000 | 8.6% | 431 | 241 | -44.1% |
| Elk Grove, CA | 0.6 | 0.5 | -16.7% | 126 | 1 |
