For-Sale Real Estate Inventory - 10 Metro Areas with the Greatest Year-over-Year Reductions

For-Sale Real Estate Inventory

10 Metro Areas with the Greatest Year-over-Year Reductions

March 2012 vs March 2011		March 2011 vs March 2010
Oakland, CA	-51.91%	Shreveport-Bossier City, LA	-47.51%
Bakersfield, CA	-50.35%	Grand Rapids-Muskegon-Holland, MI	-36.33%
Phoenix-Mesa, AZ	-48.00%	Fort Myers-Cape Coral, FL	-30.29%
Fresno, CA	-45.56%	Boise City, ID	-28.10%
Miami, FL	-42.34%	Orlando, FL	-27.57%
Fort Lauderdale, FL	-39.66%	Nashville, TN	-25.09%
Seattle-Bellevue-Everett, WA	-39.38%	Madison, WI	-24.33%
Atlanta, GA	-39.26%	Iowa City, IA	-23.92%
Orlando, FL	-39.00%	Jersey City, NJ	-23.44%
Portland-Vancouver, OR-WA(OR)	-38.79%	Fort Wayne, IN	-23.27%

Only two markets—Philadelphia PA and Hartford CT—registered a year-over-year increase in their for-sale inventory in March 2012, and these changes were very small.  The other eight other areas showing the least signs of improvement tended to be concentrated in the North East corridor.

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