Redfin Reports Home Sellers Now Outnumber Buyers By 63%, the Biggest Gap in at Least 13 Years
Redfin, the brokerage owned by Rocket Companies, reports home sellers outnumbered buyers by an estimated 62.6% in September — the widest gap in records back to 2013 and the fourth straight record month. The buyer count fell to 928,892, the lowest on record and down 2.4% month over month, while sellers rose to 1,510,784, the most since March 2020. Miami, Nashville and Houston lead 41 of 50 major metros now classified as buyer's markets.
Key figures
- August gap
- 56.9%
- Seller buyer gap
- 62.6% more sellers than buyers in September, biggest gap since 2013
- Buyers mom change
- -2.4%
- Sellers mom change
- +1.2%
- Buyers markets count
- 41 of 50 metros
- Homebuyers september
- 928892
- Miami seller surplus
- 158.9%
- Tampa seller surplus
- 103.7%
- Homesellers september
- 1510784
- Sellers markets count
- 5
- Buyers market price growth
- +1%
- Sellers market price growth
- +6.4% YoY
AI analysis
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AI-generated analysis of a public disclosure. Not investment advice; verify against the original document.