Record Seller Surplus Gives Buyers Unprecedented Leverage in December
TL;DR Summary
December 2025 saw a record 47% more home sellers than buyers in the U.S., shifting negotiating power to buyers. The Sun Belt led buyer markets while the Northeast and Midwest were dominated by seller markets; Dallas posted one of the largest seller surpluses. National prices rose only 0.1% as mortgage rates eased, potentially attracting more buyers in January.
- Home Sellers Outnumber Buyers By a Record Margin, Upping Buyers’ Bargaining Power Redfin
- Home sellers outnumber buyers by widest margin on record, Redfin says The Hill
- The U.S. Housing Market Faces the Worst Imbalance in at Least a Decade mansionglobal.com
- Sellers Outnumber Buyers By 22% In DC Area, Per Report dc.urbanturf.com
- Pending Home Sales Drop to Lowest Level on Record Aside From Start of Pandemic Redfin
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