Active Housing Inventory Improves in October

Active housing inventory has slowly been improving over the years, with more local markets reporting balanced conditions. Despite some sellers choosing to delist their homes, active listings grew by 15% from October 2024 to October 2025, according to the ResiClub blog. Nationwide, listings are still 9% lower than in October 2019, but more states are reporting inventory levels that resemble the pre-pandemic housing market.

In October 2019, active inventory reached over 1.2 million housing units, and by October 2021, that figure had declined to 565,707. Now, in October 2025, active inventory sits at 1.1 million listings. Should the current rate of growth stay the same, October 2026 would bring active inventory to 1.24 listings—above 2019 levels.

At the end of October 2025, 17 states were above pre-pandemic 2019 active inventory levels: Alabama, Arkansas, Arizona, Colorado, Florida, Georgia, Hawaii, Idaho, Nebraska, Nevada, North Carolina, Oklahoma, Oregon, Tennessee, Texas, Utah, and Washington. (The District of Columbia—which we left out of this analysis—is also back above pre-pandemic 2019 active inventory levels too. Softness in D.C. proper’s predates the current admin’s job cuts).