Louisville, KY, renowned for its rich history and vibrant culture, experienced exhilarating real estate trends in December. This city, with its diverse neighborhoods and strong sense of community, emerged as an enticing destination for buyers seeking opportunities in the housing market. In December, Louisville's active listings skyrocketed by 29.1% compared to the previous year, reaching a total of 1,634 homes. This robust increase surpassed the national growth rate of 12.1%, offering buyers a wider array of options.
In December, El Paso experienced an impressive surge in its active listing count, reaching 2,355 properties. This represented a substantial year-over-year growth of 15.7%, well ahead of the national inventory growth rate of 12.1%. With 562 newly listed homes, marking a 17.6% increase from the previous year, sellers showcased their enthusiasm to join the market. This robust influx of new listings, combined with the rise in active listings, underscored a unique opportunity for sellers to capture buyer interest.
Between November 2023 and November 2024, U.S. active housing inventory for sale rose +26.1%. Between November 2024 and November 2025, U.S. active housing inventory for sale rose +12.6%. Some of that percentage deceleration is a denominator effect (i.e., as U.S. active inventory rises, it takes an even larger increase to generate the same year-over-year percentage gain). That said, the deceleration is not only due to a denominator effect.
Since its inception, online resale has been about the art of the hunt. For the last decade, shoppers on sites like The RealReal, Poshmark or Depop didn't mind scavenging endless feeds of pre-owned products if it meant potentially scoring a vintage Armani tuxedo blazer or a Tom Ford-era Gucci bag. The resellers, in turn, enabled this behaviour by continually flooding their marketplaces with treasures.