In Mid-Q3, sellers outnumbered buyers by 57.9%, the widest gap since 2013, with 1.53M sellers and 972.3K buyers nationwide across the US market.
Listings drove the shift: sellers ↑3.9% MoM, the largest monthly increase in a portal's records, while buyers posted just ↑0.1% nationwide overall.
Active buyers gained leverage in Mid-Q3: three in five homes sold below original list price, as inventory hit its highest level since 2020.
Even with stronger bargaining power, affordability stayed tight: 30-yr mortgage rates hovered in the high-6% range, and the national median sale price was ↑2.2% yearly.
The earlier mortgage lock-in eased, bringing more owners to market, but demand stayed constrained; existing-home sales ↓2% to a 3.98M annual pace.
U.S. Sellers Outnumber Buyers by 57.9%

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