I thought the inventory surge would be heavily weighted towards the higher-end homes, but the lower end is feeling it too. Could it be that we’re just early?

If both categories end up hitting the same or similar peaks in inventory as last year, then there won’t be much impact on the buyers or to the market. It just means the new listings showed up earlier than usual.

If the surge continues, and there are 100+ more unsold listings laying around not selling in each category, then it’s going to feel somewhat bloated. But buyers are already used to ignoring the additional unsolds. They would have to think there is a panic among sellers for there to be a noticeable change in the market.