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Wednesday Market Watch: Illinois Inventory Snapshot
Updated: Sep 29
Understanding inventory trends is key to knowing whether buyers or sellers hold the advantage in today’s market. Let’s break down the latest numbers from Cotility (formerly CoreLogic).
National Overview
Nationwide, active home inventory is up 5% year over year. More listings mean buyers have more options, but it also signals that sellers need to be strategic in how they position their homes.
Illinois Perspective
Despite making up 3.7% of the U.S. population, Illinois accounts for only 1.7% of active listings. That’s a significant gap, showing how tight inventory remains locally compared to the national picture.
Historical Context
Illinois inventory is still down 63.9% compared to April 2019. This long‑term shortage is one of the main reasons the state continues to operate as a major seller’s market.
The Takeaway
Whether you’re buying or selling, the numbers tell us that Illinois remains competitive. But here’s the truth: no matter who “has the advantage,” there’s always a path to meeting your goals. With the right strategy, buyers can find opportunities, and sellers can maximize value.
📩 Reach out today for a personalized market analysis and let’s discuss how these trends impact your next move.
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