Redfin Reports Home Sellers Now Outnumber Buyers By 63%, the Biggest Gap in at Least 13 Years
Key Highlights
- ➤U.S. sellers outnumbered buyers 62.6% in September, the largest gap since 2013
- ➤Homebuyers fell 2.4% monthly to 928,892, the lowest level in records
- ➤Home sellers rose 1.2% monthly to 1,510,784, highest since March 2020
- ➤41 of 50 major U.S. metros were buyer’s markets, a record high
- ➤Miami sellers outnumbered buyers 158.9%, widening from 134.5% in August
Expert Statements
Asad Khan, Senior economist at Redfin
“This is a buyer’s market born out of caution, not strength”
Asad Khan, Senior economist at Redfin
“Buyers have tremendous negotiating power in most of the country because so many other would-be buyers have been priced out of the market, or scared off by economic uncertainty. For house hunters who have the budget and job security to purchase a home in today’s market, that creates a unique opportunity: They can be picky, negotiate and even walk away if the deal doesn’t make sense financially or they find something they like better. The irony is that in terms of supply, these are some of the best conditions for buyers in many years—but they have arrived at a time when costs are so high that fewer people can afford to take advantage of them.”
Redfin Reports Home Sellers Now Outnumber Buyers By 63%, the Biggest Gap in at Least 13 Years PR Newswire
* The number of buyers in the market dipped to the lowest level in records dating back to 2013, while the number of sellers rose to its highest level since 2020 * 41 of the 50 most populous U.S. metro areas are buyer's markets, the most in Redfin's records, led by Miami, Nashville and Houston * There are just 5 seller's markets: San Francisco, and a few Northeast metros SEATTLE, Oct. 14, 2026 /PRNewswire/ -- There were an estimated 62.6% more home sellers than buyers in the U.S. housing market in September, the biggest gap in records dating back to 2013. That's according to a new report from Redfin , the real estate brokerage powered by Rocket.
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