Active Home Listings Drop in November -- Market Talk

Dow Jones02:52

1352 ET - Active listings of homes for sale fell 1.4% month-over-month in November, Redfin says, the biggest drop since June 2023. New listings dropped 2.2% month-over-month to the lowest level since April 2024. Home sellers are retreating in part because buyers are retreating. Buyers are skittish due to high mortgage rates and economic jitters, which means many sellers aren't getting the list price they hoped for. As a result, some are opting to delist their homes or not list at all. The typical home that sold last month went for 1.6% less than its final list price. The typical home that went under contract last month spent 53 days on the market. That's seven days longer than a year earlier. (chris.wack@wsj.com)

(END) Dow Jones Newswires

December 22, 2025 13:52 ET (18:52 GMT)

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