Redfin: Delistings Jump in September

(Image courtesy of Matthis Volquardsen/pexels.com)

Redfin, Seattle found home delistings hit a historically high level in September.

Nearly 85,000 sellers took their homes off the market, up 28% from a year earlier and the highest level for that month dating back to 2017.

Throughout the month, 5.5% of all home listings on the market were delisted, up from 4.8% in September 2024.

“That increase is bigger than it looks on paper; it represents a fairly significant jump in delistings from last year,” said Asad Khan, a senior economist at Redfin. “More sellers are giving up because their homes have been sitting on the market for a long time, and they don’t want to or can’t afford to settle on accepting a low price.” 

In general, delistings have been rising since spring 2024. Year-over-year growth in delistings peaked at 39% in June 2025.

Redfin considers a home “delisted” if it went off the market for more than 31 days without selling or going under contract as pending or contingent.

Redfin also found 70% of U.S. home listings were “stale” in September–meaning they had been on the market for at least 60 days without going under contract. The typical home that was delisted in September had been on the market for 100 days before the seller pulled it off the market.

Thirty-four percent of September’s delistings were homes owned by sellers who purchased their homes two to five years ago, and another 13% are from sellers who bought their homes zero to two years ago.

“Many homeowners who bought during the pandemic demand frenzy still expect sky-high prices. They remember a seller’s market, so they’re hesitant to yield to buyers who want to negotiate the price down and/or ask for concessions,” Khan said. “Recent buyers are also more likely to be testing the market; maybe they would sell and move up to a bigger home in a more desirable neighborhood if they get the price they want, but otherwise they’d stay put. Longtime owners, though, are more motivated to sell–they’re often downsizing or relocating for retirement.”