Around 85,000 U.S. homeowners withdrew their properties from the market in September 2025, marking a 28% increase from the same month in 2024 and the highest September level in eight years, according to Redfin. Analysts attribute the rise to weak buyer demand, falling home prices and broader economic uncertainty.
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Redfin reports that 70% of listings in September were on the market for 60 days or longer, prompting many sellers to withdraw rather than accept lower offers. Home prices rose 1.3% year-on-year in September, down slightly from August's 1.4% increase. Senior economist Asad Khan notes that delistings effectively tighten available inventory, keeping sale prices elevated despite slowing activity.
Price reductions are becoming common, with typical cuts of around $10,000, and cumulative reductions reaching $25,000 for some homes, the largest discounts recorded by Zillow. About 15% of delisted homes face potential losses, the highest proportion in five years.
Although pending sales rose 1.9% month-to-month in October, activity remains flat compared with a year ago. Seasonal slowdown and cautious consumer sentiment suggest that many delisted homes may not return to the market until the busier spring season, even as overall supply stands 15% higher than a year earlier.
Source: www.floordaily.net
