More than half of US home listings are ‘stale’ — these 10 cities are most stagnant, Redfin says

There were nearly 630K more home sellers than buyers in February: Redfin

Over half of all listings were 'stale,' sitting on the market for 60 days

Miami leads major metros in the share of stale listings

There were nearly 630K more home sellers than buyers in February: Redfin

Over half of all listings were 'stale,' sitting on the market for 60 days

Miami leads major metros in the share of stale listings

(NewsNation) — A growing share of home listings are going “stale” as sellers outnumber buyers by the widest margin since at least 2013.

In February, 52 percent of listings were on the market for at least 60 days without going under contract — the highest share for the month since 2019, according to Redfin.

Homes are sitting on the market longer as buyer demand cools amid elevated mortgage rates, high prices and recent economic uncertainty. Redfin estimates there were about 630,000 more sellers than buyers in February — the biggest gap on record.

“Sellers know it’s a buyer’s market, but they still want to get as much money as they can for their home,” said Jason Gale, a Redfin Premier agent in New Orleans. “So they list on the high end, expecting buyers to negotiate down.”

That dynamic is playing out in the data. Nearly two-thirds of homebuyers (62 percent) paid below the original list price in 2025, and the typical home that went under contract in February spent 66........

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