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February Sees Over Half of US Home Listings Remain Unsold for 60 Days

KTSM••Andrew Dorn
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According to a recent report by Redfin, more than 50% of homes listed for sale in February remained on the market for at least 60 days without securing a buyer. This trend indicates a stagnation in the housing market, which could impact both sellers and potential buyers. The report highlights ten cities with particularly slow-moving listings, signaling a shift in market dynamics that could affect pricing and availability. Residents considering buying or selling should be aware of these market conditions as they navigate their real estate decisions.

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