March Data: Spring On the High Prices, Low Inventory

The housing market’s high/low dynamic continued uninterrupted at the start of the spring homebuying season, with home prices hitting another record high and inventory still low in March, according to a data preview from realtor.com®. The median list price in March will push past $250,000—where it has hovered since May 2016—to $260,000, while new listings will total 492,000, up 2 percent from February but down 13 percent year-over-year.
“Calendars might say spring is o