U.S. Home Sales Slow to 66-Day Median, Signaling Market Shift
Event summary
- U.S. homes now take a median of 66 days to sell, up from 57 days in 2025.
- Only 9 of the 100 most populous metros saw faster sales year-over-year.
- Austin, Texas homes take the longest to sell (110 days), while San Jose, California homes sell fastest (12 days).
- 23% of homes sell above asking price, compared to 17% that see price drops.
The big picture
The slowdown in home sales reflects broader market adjustments following years of rapid price growth. With regional disparities becoming more pronounced, the data suggests a potential shift toward more balanced market conditions. Best Interest Financial's report highlights how these trends could impact both buyers and sellers, particularly in high-demand metros where inventory remains tight despite longer selling times.
What we're watching
- Regional Disparities
- How the extreme variations between fastest and slowest markets will affect national housing strategies.
- Price Performance
- Whether the 23% of homes selling above asking price can be sustained amid longer market times.
- Market Adjustments
- The pace at which sellers adapt pricing strategies in response to slower sales.
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