Spring kept climbing the shelf, but the days started to stretch.
The headline for May is the inventory line. Active single-family supply ran almost forty percent ahead of last May, the largest year-over-year jump in this metric I have tracked here. Sales picked up too, but only by a single-digit margin, and the median crept up just enough to call roughly flat. The widening gap shows up where it usually does first: in time on market.
Days on market for sold homes moved out about nine days from a year ago. Not dramatic, but consistent with what a full shelf does to buyer behavior. For the short read on where your home would price into this, my what is my home worth in Cedar City page is the fastest place to start.