Real estate brokerage Redfin said frustrated sellers face a buyer’s market with increasing inventory.
WASHINGTON — Nearly 6% of U.S. home listings were taken off the market in April, the latest data shows, reaching the highest level since March 2020 Redfin released Wednesday.
The real estate brokerage found that 5.8% of all active listings nationwide were delisted in April, the same level as December 2025 and the highest rate since the outbreak of the COVID-19 pandemic brought the housing market to a standstill.
Redfin said delistings had never been more common before 2020.
The real estate brokerage added that the surge reflects a growing impasse between sellers clinging to pandemic-era price expectations and buyers increasingly wielding negotiating leverage.
Redfern said many factors are at play: Homes are staying on the market longer as mortgage rates remain about twice their pandemic lows; inventory is growing faster than demand in many markets; and broader economic anxiety is making both buyers and sellers more hesitant. Some sellers choose to rent out their home rather than sell it for a lower price, especially those who have locked in a low-rate mortgage.
Atlanta led all major metros with 10.7% of homes listed off the market in April, followed by San Jose, Calif. (9.3%), Los Angeles (7.8%), Dallas (7.8%) and Seattle (7.7%).
Delistings were least common in Pittsburgh (3.5%); Columbus, Ohio (3.6%); and Chicago (3.6%).
Relisting is also at a high level
At the same time, many sellers have begun to try again. About 2.5% of homes on the market were relisted in April – properties that were taken off the market at some point in the past 12 months and are now back on the market.
“A lot of last year’s sellers got out of the market when they couldn’t get the price they wanted. Now, some of them are coming back and are willing to actually price their home and do whatever it takes to sell their home,” said Monica DiSchiano, an agent with Redfin Premier in Austin, Texas. “They realize that if they sell for less, the next home they buy will also cost less.”
Relistings are most concentrated in the San Francisco Bay Area, where a boom in the artificial intelligence industry has spurred local housing demand.
The data is based on Redfin’s analysis of MLS records and is seasonally adjusted. A relisting is defined as a home returning to the market after being off the market for at least 31 days in the past 12 months.
