Sales actually picked up by 2.6% even with the lack of inventory.

There isn't enough inventory locally for him to cater to the large multi-unit investors, still pay staff, and do any of the other garbage they 'advertise' like lobbying and government outreach.

Just expect less inventory vs SFRs.

We have moved from fighting for the last pack of toilet paper to fighting for the little housing inventory that’s out there.

There is still a lot of inventory, too.  

Let inventory high demand.

We have less than half the inventory it takes to have a balanced market, so sellers are at an advantage and prices are rising.

There's very little inventory.

They are shooting for above market value to see if someone is desperate enough to pay it with how tight inventory is here - if no takers after 1 to 2 weeks, they are then dropping their asking price to more realistic "fair market" values.  

SFR sales for Pulaski County continued to mirror moves from 2019, with lower sales volume but stronger numbers due to low inventory.