{"id":84603,"date":"2026-03-30T05:00:22","date_gmt":"2026-03-30T12:00:22","guid":{"rendered":"https:\/\/www.redfin.com\/news\/?p=84603"},"modified":"2026-03-27T14:27:13","modified_gmt":"2026-03-27T21:27:13","slug":"stale-housing-inventory-february-2026","status":"publish","type":"post","link":"https:\/\/www.redfin.com\/news\/stale-housing-inventory-february-2026\/","title":{"rendered":"Over Half of Home Listings Have Been Lingering on the Market For More Than 2 Months"},"content":{"rendered":"<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><strong><i>In dollar terms, there\u2019s $347 billion worth of stale listings in the U.S.,\u00a0 more than ever before for this time of year. That\u2019s because there are hundreds of thousands more home sellers than buyers, leading to homes sitting on the market.\u00a0<\/i><\/strong><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><strong><i>Stale inventory is most common in Florida, and least common in the Bay Area.<\/i><\/strong><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><strong><i>Through Redfin\u2019s new partnership with Compass, sellers can work to avoid stale listings by testing the market, <\/i><i>which could reduce the risk of homes lingering on the market.\u00a0<\/i><\/strong><\/li>\n<\/ul>\n<p><span style=\"font-weight: 400;\">More than half (52.2%) of February\u2019s home listings were on the market for at least 60 days without going under contract (i.e. they were stale) nationwide, up from 50.1% a year earlier and the highest share since 2019.<\/span><\/p>\n<div id=\"datawrapper-vis-Ow5aq\" style=\"min-height: 456px;\"><script type=\"text\/javascript\" defer src=\"https:\/\/datawrapper.dwcdn.net\/Ow5aq\/embed.js\" charset=\"utf-8\" data-target=\"#datawrapper-vis-Ow5aq\"><\/script><noscript><img decoding=\"async\" src=\"https:\/\/datawrapper.dwcdn.net\/Ow5aq\/full.png\" alt=\"More Than Half of Housing Inventory Is Stale (Column Chart)\" \/><\/noscript><\/div>\n<p>&nbsp;<\/p>\n<p><span style=\"font-weight: 400;\">This is based on an analysis of listings on<\/span> <a href=\"http:\/\/redfin.com\/\"><span style=\"font-weight: 400;\">Redfin.com<\/span><\/a> <span style=\"font-weight: 400;\">going back through 2012. For the total dollar value of all inventory on the market, we sum up the list price of all active U.S. listings as of the last day of each month; February 2026 is the most recent month for which data is available. We define \u201cstale inventory\u201d as home listings that spend at least 60 days on the market and are actively listed for sale on the final day of the relevant month. This data is seasonal, which is why we compare February to past Februarys. Please see the end of this report for more on methodology.\u00a0<\/span><\/p>\n<h3><b>Home Sellers Are Sitting on $347 Billion Worth of Stale Listings, a Record High For This Time of Year<\/b><\/h3>\n<p>&nbsp;<\/p>\n<p><span style=\"font-weight: 400;\">In dollar terms, there\u2019s a total of $347 billion worth of stale inventory on the market nationwide. That\u2019s up 4.3% annually and the highest dollar amount on record for this time of year.\u00a0<\/span><\/p>\n<div id=\"datawrapper-vis-CZtQO\" style=\"min-height: 437px;\"><script type=\"text\/javascript\" defer src=\"https:\/\/datawrapper.dwcdn.net\/CZtQO\/embed.js\" charset=\"utf-8\" data-target=\"#datawrapper-vis-CZtQO\"><\/script><noscript><img decoding=\"async\" src=\"https:\/\/datawrapper.dwcdn.net\/CZtQO\/full.png\" alt=\"Stale Inventory Is Worth $347B, A Record High For February (Column Chart)\" \/><\/noscript><\/div>\n<p>&nbsp;<\/p>\n<h3><b>There\u2019s a Total of $636 Billion Worth of Homes For Sale in the U.S.\u00a0<\/b><\/h3>\n<p>&nbsp;<\/p>\n<p><span style=\"font-weight: 400;\">Zooming out to <\/span><i><span style=\"font-weight: 400;\">all <\/span><\/i><span style=\"font-weight: 400;\">inventory, there\u2019s a total of $636 billion worth of homes for sale, essentially unchanged from a year earlier. Like stale inventory, that\u2019s the highest dollar amount on record for this time of year (except 2025, when it was 0.01% higher).\u00a0\u00a0<\/span><\/p>\n<div id=\"datawrapper-vis-aD4yx\" style=\"min-height: 420px;\"><script type=\"text\/javascript\" defer src=\"https:\/\/datawrapper.dwcdn.net\/aD4yx\/embed.js\" charset=\"utf-8\" data-target=\"#datawrapper-vis-aD4yx\"><\/script><noscript><img decoding=\"async\" src=\"https:\/\/datawrapper.dwcdn.net\/aD4yx\/full.png\" alt=\"Home Sellers Are Sitting on $636B in Total Inventory (Column Chart)\" \/><\/noscript><\/div>\n<p>&nbsp;<\/p>\n<p><span style=\"font-weight: 400;\">The total value of stale inventory\u2013and all inventory\u2013is higher than ever for this time of year because there are a record <\/span><a href=\"https:\/\/www.redfin.com\/news\/buyers-vs-sellers-february-2026\/\"><span style=\"font-weight: 400;\">630,000 more home sellers<\/span><\/a><span style=\"font-weight: 400;\"> than buyers in the market, lengthening the amount of time it takes to sell a home. Here are more details:<\/span><\/p>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><b>Homebuying demand is slow.<\/b><span style=\"font-weight: 400;\"> U.S. home sales <\/span><a href=\"https:\/\/www.redfin.com\/news\/homebuyers-taking-their-time-2026\/\"><span style=\"font-weight: 400;\">fell 3.1% year over year<\/span><\/a><span style=\"font-weight: 400;\"> in February. House hunters are wary of high mortgage rates and high prices, and they\u2019re jittery because of economic uncertainty, including fears about <\/span><a href=\"https:\/\/www.newsweek.com\/list-of-companies-doing-layoffs-in-march-11569808\"><span style=\"font-weight: 400;\">layoffs<\/span><\/a><span style=\"font-weight: 400;\">, <\/span><a href=\"https:\/\/www.redfin.com\/news\/fed-meeting-march-18\/\"><span style=\"font-weight: 400;\">inflation<\/span><\/a><span style=\"font-weight: 400;\"> and the <\/span><a href=\"https:\/\/www.redfin.com\/news\/iran-conflict-homebuying-plans\/\"><span style=\"font-weight: 400;\">Iran war<\/span><\/a><span style=\"font-weight: 400;\">.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><b>Home selling is chugging along<\/b><span style=\"font-weight: 400;\">. The total number of homes for sale is <\/span><a href=\"https:\/\/www.redfin.com\/news\/homebuyers-taking-their-time-2026\/\"><span style=\"font-weight: 400;\">up 1.5%<\/span><\/a><span style=\"font-weight: 400;\"> year over year. While some sellers have backed off, many are still in the market, hoping to cash in on still-high home values.\u00a0<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><b>Days on market are at a record high.<\/b><span style=\"font-weight: 400;\"> The typical home that went under contract in February spent <\/span><a href=\"https:\/\/www.redfin.com\/news\/homebuyers-taking-their-time-2026\/\"><span style=\"font-weight: 400;\">66 days on the market<\/span><\/a><span style=\"font-weight: 400;\">\u2013the slowest pace in a decade for this time of year.\u00a0<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><b>Home prices are rising<\/b><span style=\"font-weight: 400;\">. The median home-sale price is <\/span><a href=\"https:\/\/www.redfin.com\/news\/homebuyers-taking-their-time-2026\/\"><span style=\"font-weight: 400;\">up roughly 1%<\/span><\/a><span style=\"font-weight: 400;\"> year over year. When home prices increase, so does the total dollar value of homes for sale, and the total dollar value of stale inventory.\u00a0<\/span><\/li>\n<\/ul>\n<p><span style=\"font-weight: 400;\">\u201cSellers know it\u2019s a buyer&#8217;s market, but they still want to get as much money as they can for their home. So they list on the high end, expecting buyers to negotiate down, and that\u2019s leading to listings staying on the market for a long time,\u201d said <a href=\"https:\/\/www.redfin.com\/real-estate-agents\/jason-gale\">Jason Gale<\/a>, a Redfin Premier agent in New Orleans. \u201cThere are still deals to be made, but nine times out of 10, homes are selling for under their asking price. But sometimes, the price is just too high, and sellers have to pull their home off the market after six months or so.\u201d\u00a0\u00a0<\/span><\/p>\n<h3><b>Stale Listings Are Most Common in Miami\u00a0<\/b><\/h3>\n<p>&nbsp;<\/p>\n<p><span style=\"font-weight: 400;\">In Miami, nearly two-thirds (62.6%) of home listings are stale, the biggest share of all the major U.S. metros. Next come San Antonio (58.3%), Pittsburgh (58.1%) and West Palm Beach (55.9%). <\/span><\/p>\n<p><span style=\"font-weight: 400;\">Listings are going stale in those places because they are major<\/span><a href=\"https:\/\/www.redfin.com\/news\/buyers-vs-sellers-february-2026\/\"><span style=\"font-weight: 400;\"> buyer\u2019s markets<\/span><\/a><span style=\"font-weight: 400;\">; in Miami, San Antonio and West Palm Beach, there are more than twice as many home sellers as buyers.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Stale listings are <\/span><i><span style=\"font-weight: 400;\">least <\/span><\/i><span style=\"font-weight: 400;\">common in the Bay Area. In San Jose, 19.8% of listings are stale, the smallest share among the major metros, followed by San Francisco (24%) and Oakland (31.1%). Next come Anaheim, CA (34%) and Seattle (34.1%). Most of those are buyer\u2019s markets, but to a much smaller degree than the Florida metros listed above; for instance, in San Jose, there are just 10% more sellers than buyers. San Francisco is a balanced market, with a roughly equal number of sellers and buyers.\u00a0<\/span><\/p>\n<h3><b>Letting Home Sellers Test the Waters Before Listing Could Help Them Sell Faster<\/b><\/h3>\n<p>&nbsp;<\/p>\n<p><span style=\"font-weight: 400;\">Homes lingering on the market can have negative effects for sellers; sometimes, buyers are wary of homes that have been on the market for a long time.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">That\u2019s one reason Redfin <\/span><a href=\"https:\/\/www.redfin.com\/news\/redfin-policy-seller-choice\/\"><span style=\"font-weight: 400;\">partnered with Compass<\/span><\/a><span style=\"font-weight: 400;\"> on phased marketing, which gives sellers more flexibility in how they introduce their homes to prospective buyers. <\/span>Sellers can choose to display their homes on <a href=\"http:\/\/redfin.com\">Redfin.com<\/a> with no days on market, no price history and no home valuation estimates.<\/p>\n<p><span style=\"font-weight: 400;\">That allows sellers to gauge early interest in their property and price correctly from the beginning, which we found could <\/span><a href=\"https:\/\/www.redfin.com\/news\/private-exclusive-inventory-increase\/\"><span style=\"font-weight: 400;\">help sellers in a few ways<\/span><\/a><span style=\"font-weight: 400;\">:<\/span><\/p>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><b>Lower the risk of listings going stale.<\/b><span style=\"font-weight: 400;\"> Sellers who test pricing strategies with phased marketing may be less likely to see their homes sit on the market. Overpricing your home by 10% or more can increase time on market by more than a month.\u00a0<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><b>Lower the risk of losing money from a price drop. <\/b><span style=\"font-weight: 400;\">Sellers who test pricing using phased marketing may be less likely to lose money via a price cut. Redfin economists estimate that homes sell for less when they have a price cut due to the stigma.\u00a0<\/span><\/li>\n<\/ul>\n<table>\n<tbody>\n<tr>\n<td colspan=\"3\"><b>Metro-Level Summary: Stale Home Listings, Feb. 2026<\/b><\/p>\n<p><i><span style=\"font-weight: 400;\">Home listings are \u201cstale\u201d if they have been on the market for at least 60 days without going under contract\u00a0<\/span><\/i><\/td>\n<\/tr>\n<tr>\n<td><b>U.S. metro area<\/b><\/td>\n<td><b>Total dollar value of stale inventory<\/b><\/td>\n<td><b>Share of home listings that are stale<\/b><\/td>\n<\/tr>\n<tr>\n<td><span style=\"font-weight: 400;\">Anaheim, CA\u00a0<\/span><\/td>\n<td><span style=\"font-weight: 400;\">$3,804,979,477<\/span><\/td>\n<td><span style=\"font-weight: 400;\">34.0%<\/span><\/td>\n<\/tr>\n<tr>\n<td><span style=\"font-weight: 400;\">Atlanta, GA\u00a0<\/span><\/td>\n<td><span style=\"font-weight: 400;\">$6,967,001,572<\/span><\/td>\n<td><span style=\"font-weight: 400;\">51.2%<\/span><\/td>\n<\/tr>\n<tr>\n<td><span style=\"font-weight: 400;\">Austin, TX\u00a0<\/span><\/td>\n<td><span style=\"font-weight: 400;\">$4,235,317,502<\/span><\/td>\n<td><span style=\"font-weight: 400;\">53.4%<\/span><\/td>\n<\/tr>\n<tr>\n<td><span style=\"font-weight: 400;\">Baltimore, MD\u00a0<\/span><\/td>\n<td><span style=\"font-weight: 400;\">$1,263,200,842<\/span><\/td>\n<td><span style=\"font-weight: 400;\">47.7%<\/span><\/td>\n<\/tr>\n<tr>\n<td><span style=\"font-weight: 400;\">Boston, MA\u00a0<\/span><\/td>\n<td><span style=\"font-weight: 400;\">$2,754,374,299<\/span><\/td>\n<td><span style=\"font-weight: 400;\">38.7%<\/span><\/td>\n<\/tr>\n<tr>\n<td><span style=\"font-weight: 400;\">Chicago, IL\u00a0<\/span><\/td>\n<td><span style=\"font-weight: 400;\">$3,158,224,864<\/span><\/td>\n<td><span style=\"font-weight: 400;\">40.9%<\/span><\/td>\n<\/tr>\n<tr>\n<td><span style=\"font-weight: 400;\">Cincinnati, OH\u00a0<\/span><\/td>\n<td><span style=\"font-weight: 400;\">$1,048,562,696<\/span><\/td>\n<td><span style=\"font-weight: 400;\">45.6%<\/span><\/td>\n<\/tr>\n<tr>\n<td><span style=\"font-weight: 400;\">Cleveland, OH\u00a0<\/span><\/td>\n<td><span style=\"font-weight: 400;\">$610,000,680<\/span><\/td>\n<td><span style=\"font-weight: 400;\">49.5%<\/span><\/td>\n<\/tr>\n<tr>\n<td><span style=\"font-weight: 400;\">Columbus, OH\u00a0<\/span><\/td>\n<td><span style=\"font-weight: 400;\">$993,323,978<\/span><\/td>\n<td><span style=\"font-weight: 400;\">44.8%<\/span><\/td>\n<\/tr>\n<tr>\n<td><span style=\"font-weight: 400;\">Dallas, TX\u00a0<\/span><\/td>\n<td><span style=\"font-weight: 400;\">$5,947,277,162<\/span><\/td>\n<td><span style=\"font-weight: 400;\">49.3%<\/span><\/td>\n<\/tr>\n<tr>\n<td><span style=\"font-weight: 400;\">Denver, CO\u00a0<\/span><\/td>\n<td><span style=\"font-weight: 400;\">$2,733,851,592<\/span><\/td>\n<td><span style=\"font-weight: 400;\">40.3%<\/span><\/td>\n<\/tr>\n<tr>\n<td><span style=\"font-weight: 400;\">Detroit, MI\u00a0<\/span><\/td>\n<td><span style=\"font-weight: 400;\">$463,118,430<\/span><\/td>\n<td><span style=\"font-weight: 400;\">54.0%<\/span><\/td>\n<\/tr>\n<tr>\n<td><span style=\"font-weight: 400;\">Fort Worth, TX\u00a0<\/span><\/td>\n<td><span style=\"font-weight: 400;\">$2,310,252,422<\/span><\/td>\n<td><span style=\"font-weight: 400;\">50.6%<\/span><\/td>\n<\/tr>\n<tr>\n<td><span style=\"font-weight: 400;\">Houston, TX\u00a0<\/span><\/td>\n<td><span style=\"font-weight: 400;\">$7,687,421,473<\/span><\/td>\n<td><span style=\"font-weight: 400;\">54.5%<\/span><\/td>\n<\/tr>\n<tr>\n<td><span style=\"font-weight: 400;\">Indianapolis, IN\u00a0<\/span><\/td>\n<td><span style=\"font-weight: 400;\">$1,104,438,728<\/span><\/td>\n<td><span style=\"font-weight: 400;\">53.5%<\/span><\/td>\n<\/tr>\n<tr>\n<td><span style=\"font-weight: 400;\">Jacksonville, FL\u00a0<\/span><\/td>\n<td><span style=\"font-weight: 400;\">$2,546,738,082<\/span><\/td>\n<td><span style=\"font-weight: 400;\">51.3%<\/span><\/td>\n<\/tr>\n<tr>\n<td><span style=\"font-weight: 400;\">Las Vegas, NV\u00a0<\/span><\/td>\n<td><span style=\"font-weight: 400;\">$3,906,105,308<\/span><\/td>\n<td><span style=\"font-weight: 400;\">51.3%<\/span><\/td>\n<\/tr>\n<tr>\n<td><span style=\"font-weight: 400;\">Los Angeles, CA\u00a0<\/span><\/td>\n<td><span style=\"font-weight: 400;\">$13,531,277,797<\/span><\/td>\n<td><span style=\"font-weight: 400;\">44.1%<\/span><\/td>\n<\/tr>\n<tr>\n<td><span style=\"font-weight: 400;\">Miami, FL\u00a0<\/span><\/td>\n<td><span style=\"font-weight: 400;\">$15,894,396,237<\/span><\/td>\n<td><span style=\"font-weight: 400;\">62.6%<\/span><\/td>\n<\/tr>\n<tr>\n<td><span style=\"font-weight: 400;\">Milwaukee, WI\u00a0<\/span><\/td>\n<td><span style=\"font-weight: 400;\">$508,495,433<\/span><\/td>\n<td><span style=\"font-weight: 400;\">36.3%<\/span><\/td>\n<\/tr>\n<tr>\n<td><span style=\"font-weight: 400;\">Minneapolis, MN\u00a0<\/span><\/td>\n<td><span style=\"font-weight: 400;\">$1,963,662,229<\/span><\/td>\n<td><span style=\"font-weight: 400;\">43.7%<\/span><\/td>\n<\/tr>\n<tr>\n<td><span style=\"font-weight: 400;\">Montgomery County, PA\u00a0<\/span><\/td>\n<td><span style=\"font-weight: 400;\">$857,609,898<\/span><\/td>\n<td><span style=\"font-weight: 400;\">43.3%<\/span><\/td>\n<\/tr>\n<tr>\n<td><span style=\"font-weight: 400;\">Nashville, TN\u00a0<\/span><\/td>\n<td><span style=\"font-weight: 400;\">$5,190,002,567<\/span><\/td>\n<td><span style=\"font-weight: 400;\">54.8%<\/span><\/td>\n<\/tr>\n<tr>\n<td><span style=\"font-weight: 400;\">Nassau County, NY\u00a0<\/span><\/td>\n<td><span style=\"font-weight: 400;\">$3,522,293,691<\/span><\/td>\n<td><span style=\"font-weight: 400;\">49.2%<\/span><\/td>\n<\/tr>\n<tr>\n<td><span style=\"font-weight: 400;\">New Brunswick, NJ\u00a0<\/span><\/td>\n<td><span style=\"font-weight: 400;\">$2,152,388,676<\/span><\/td>\n<td><span style=\"font-weight: 400;\">47.1%<\/span><\/td>\n<\/tr>\n<tr>\n<td><span style=\"font-weight: 400;\">New York, NY\u00a0<\/span><\/td>\n<td><span style=\"font-weight: 400;\">$16,939,740,119<\/span><\/td>\n<td><span style=\"font-weight: 400;\">55.1%<\/span><\/td>\n<\/tr>\n<tr>\n<td><span style=\"font-weight: 400;\">Newark, NJ\u00a0<\/span><\/td>\n<td><span style=\"font-weight: 400;\">$1,006,363,900<\/span><\/td>\n<td><span style=\"font-weight: 400;\">46.1%<\/span><\/td>\n<\/tr>\n<tr>\n<td><span style=\"font-weight: 400;\">Oakland, CA\u00a0<\/span><\/td>\n<td><span style=\"font-weight: 400;\">$903,312,534<\/span><\/td>\n<td><span style=\"font-weight: 400;\">31.1%<\/span><\/td>\n<\/tr>\n<tr>\n<td><span style=\"font-weight: 400;\">Orlando, FL\u00a0<\/span><\/td>\n<td><span style=\"font-weight: 400;\">$4,222,334,231<\/span><\/td>\n<td><span style=\"font-weight: 400;\">55.7%<\/span><\/td>\n<\/tr>\n<tr>\n<td><span style=\"font-weight: 400;\">Philadelphia, PA\u00a0<\/span><\/td>\n<td><span style=\"font-weight: 400;\">$1,179,569,999<\/span><\/td>\n<td><span style=\"font-weight: 400;\">52.6%<\/span><\/td>\n<\/tr>\n<tr>\n<td><span style=\"font-weight: 400;\">Phoenix, AZ\u00a0<\/span><\/td>\n<td><span style=\"font-weight: 400;\">$10,150,809,424<\/span><\/td>\n<td><span style=\"font-weight: 400;\">46.1%<\/span><\/td>\n<\/tr>\n<tr>\n<td><span style=\"font-weight: 400;\">Pittsburgh, PA\u00a0<\/span><\/td>\n<td><span style=\"font-weight: 400;\">$1,158,245,883<\/span><\/td>\n<td><span style=\"font-weight: 400;\">58.1%<\/span><\/td>\n<\/tr>\n<tr>\n<td><span style=\"font-weight: 400;\">Portland, OR\u00a0<\/span><\/td>\n<td><span style=\"font-weight: 400;\">$2,100,910,565<\/span><\/td>\n<td><span style=\"font-weight: 400;\">48.3%<\/span><\/td>\n<\/tr>\n<tr>\n<td><span style=\"font-weight: 400;\">Providence, RI\u00a0<\/span><\/td>\n<td><span style=\"font-weight: 400;\">$796,842,587<\/span><\/td>\n<td><span style=\"font-weight: 400;\">43.4%<\/span><\/td>\n<\/tr>\n<tr>\n<td><span style=\"font-weight: 400;\">Riverside, CA\u00a0<\/span><\/td>\n<td><span style=\"font-weight: 400;\">$5,505,718,830<\/span><\/td>\n<td><span style=\"font-weight: 400;\">48.8%<\/span><\/td>\n<\/tr>\n<tr>\n<td><span style=\"font-weight: 400;\">Sacramento, CA\u00a0<\/span><\/td>\n<td><span style=\"font-weight: 400;\">$1,665,099,987<\/span><\/td>\n<td><span style=\"font-weight: 400;\">41.8%<\/span><\/td>\n<\/tr>\n<tr>\n<td><span style=\"font-weight: 400;\">San Antonio, TX\u00a0<\/span><\/td>\n<td><span style=\"font-weight: 400;\">$3,365,734,572<\/span><\/td>\n<td><span style=\"font-weight: 400;\">58.3%<\/span><\/td>\n<\/tr>\n<tr>\n<td><span style=\"font-weight: 400;\">San Diego, CA\u00a0<\/span><\/td>\n<td><span style=\"font-weight: 400;\">$2,960,305,403<\/span><\/td>\n<td><span style=\"font-weight: 400;\">37.7%<\/span><\/td>\n<\/tr>\n<tr>\n<td><span style=\"font-weight: 400;\">San Francisco, CA\u00a0<\/span><\/td>\n<td><span style=\"font-weight: 400;\">$687,464,464<\/span><\/td>\n<td><span style=\"font-weight: 400;\">24.0%<\/span><\/td>\n<\/tr>\n<tr>\n<td><span style=\"font-weight: 400;\">San Jose, CA\u00a0<\/span><\/td>\n<td><span style=\"font-weight: 400;\">$524,074,518<\/span><\/td>\n<td><span style=\"font-weight: 400;\">19.8%<\/span><\/td>\n<\/tr>\n<tr>\n<td><span style=\"font-weight: 400;\">Seattle, WA\u00a0<\/span><\/td>\n<td><span style=\"font-weight: 400;\">$2,237,074,918<\/span><\/td>\n<td><span style=\"font-weight: 400;\">34.1%<\/span><\/td>\n<\/tr>\n<tr>\n<td><span style=\"font-weight: 400;\">Tampa, FL\u00a0<\/span><\/td>\n<td><span style=\"font-weight: 400;\">$5,980,820,981<\/span><\/td>\n<td><span style=\"font-weight: 400;\">53.4%<\/span><\/td>\n<\/tr>\n<tr>\n<td><span style=\"font-weight: 400;\">Virginia Beach, VA\u00a0<\/span><\/td>\n<td><span style=\"font-weight: 400;\">$977,175,816<\/span><\/td>\n<td><span style=\"font-weight: 400;\">43.6%<\/span><\/td>\n<\/tr>\n<tr>\n<td><span style=\"font-weight: 400;\">Warren, MI\u00a0<\/span><\/td>\n<td><span style=\"font-weight: 400;\">$1,093,257,329<\/span><\/td>\n<td><span style=\"font-weight: 400;\">46.2%<\/span><\/td>\n<\/tr>\n<tr>\n<td><span style=\"font-weight: 400;\">Washington, DC\u00a0<\/span><\/td>\n<td><span style=\"font-weight: 400;\">$3,748,942,561<\/span><\/td>\n<td><span style=\"font-weight: 400;\">43.9%<\/span><\/td>\n<\/tr>\n<tr>\n<td><span style=\"font-weight: 400;\">West Palm Beach, FL\u00a0<\/span><\/td>\n<td><span style=\"font-weight: 400;\">$11,599,537,794<\/span><\/td>\n<td><span style=\"font-weight: 400;\">55.9%<\/span><\/td>\n<\/tr>\n<tr>\n<td><b>United States of America<\/b><\/td>\n<td><b>$347,358,012,659<\/b><\/td>\n<td><b>52.2%<\/b><\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<h3><b>Methodology<\/b><\/h3>\n<p>&nbsp;<\/p>\n<p><span style=\"font-weight: 400;\">This report is based on an analysis of listings on<\/span> <a href=\"http:\/\/redfin.com\/\"><span style=\"font-weight: 400;\">Redfin.com<\/span><\/a> <span style=\"font-weight: 400;\">going back through 2012. For the total dollar value of all inventory on the market, we sum up the list price of all active U.S. listings as of the last day of each month; February 2026 is the most recent month for which data is available. Listings are included in the total if they were added on or before the last day of the month, and are still active (not sold or delisted) as of the last day of the month. Listings were excluded if the list price was higher than $300 million.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">For the purposes of this report, the term \u201cvalue\u201d is interchangeable with \u201casking price\u201d; i.e., when we refer to \u201ctotal home value,\u201d we mean the sum of all list prices.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">For the stale inventory section of this report, we define \u201cstale inventory\u201d as home listings that spend at least 60 days on the market and are actively listed for sale on the final day of the relevant month. Listings that have been on the market for more than one year are excluded from the analysis.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">The data in both the dollar value and stale inventory sections of this report tend to be seasonal; they are generally higher during the spring and summer, and lower in the winter.\u00a0<\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>In dollar terms, there\u2019s $347 billion worth of stale listings in the U.S.,\u00a0 more than ever before for this time of year. That\u2019s because there are hundreds of thousands more home sellers than buyers, leading to homes sitting on the market.\u00a0 Stale inventory is most common in Florida, and least common in the Bay Area. [&hellip;]<\/p>\n","protected":false},"author":13153,"featured_media":84606,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"site-sidebar-layout":"default","site-content-layout":"","ast-site-content-layout":"default","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","ast-disable-related-posts":"","theme-transparent-header-meta":"default","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"set","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center 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center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"footnotes":""},"categories":[8],"tags":[769],"dashboard":[],"coauthors":[124],"class_list":["post-84603","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-housing-market-news","tag-inventory"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v24.7 (Yoast SEO v27.7) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Over Half of Home Listings Have Been Lingering on the Market For More Than 2 Months<\/title>\n<meta name=\"description\" content=\"In dollar terms, there\u2019s $347 billion worth of stale listings in the U.S., more than ever before for this time of year.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link 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For more information about working with a Redfin real estate agent to buy or sell a home, visit our Why Redfin page.","url":"https:\/\/www.redfin.com\/news\/author\/dana-andersonredfin-com\/"}]}},"_links":{"self":[{"href":"https:\/\/www.redfin.com\/news\/wp-json\/wp\/v2\/posts\/84603","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.redfin.com\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.redfin.com\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.redfin.com\/news\/wp-json\/wp\/v2\/users\/13153"}],"replies":[{"embeddable":true,"href":"https:\/\/www.redfin.com\/news\/wp-json\/wp\/v2\/comments?post=84603"}],"version-history":[{"count":10,"href":"https:\/\/www.redfin.com\/news\/wp-json\/wp\/v2\/posts\/84603\/revisions"}],"predecessor-version":[{"id":84618,"href":"https:\/\/www.redfin.com\/news\/wp-json\/wp\/v2\/posts\/84603\/revisions\/84618"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.redfin.com\/news\/wp-json\/wp\/v2\/media\/84606"}],"wp:attachment":[{"href":"https:\/\/www.redfin.com\/news\/wp-json\/wp\/v2\/media?parent=84603"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.redfin.com\/news\/wp-json\/wp\/v2\/categories?post=84603"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.redfin.com\/news\/wp-json\/wp\/v2\/tags?post=84603"},{"taxonomy":"dashboard","embeddable":true,"href":"https:\/\/www.redfin.com\/news\/wp-json\/wp\/v2\/dashboard?post=84603"},{"taxonomy":"author","embeddable":true,"href":"https:\/\/www.redfin.com\/news\/wp-json\/wp\/v2\/coauthors?post=84603"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}