Spring market activity is officially accelerating. Lower borrowing costs have triggered a sharp 10% monthly surge in home sales, while total new listings have fallen heavily compared to last year.

For Sellers: Standing inventory is being absorbed quickly. While average prices are still lower than last year, the dramatic drop in competing listings means properly staged homes are seeing a return to multiple-offer environments in highly targeted neighborhoods.

For Buyers: You still possess strong negotiating power on conditions for the moment, but that window is narrowing as competition tightens into the summer. Acting decisively before prices flatten out and trend upward is key.