Redfin: 52.2% of US home listings sit 60+ days, highest share since 2019

Reuters03-30

Redfin: 52.2% of US home listings sit 60+ days, highest share since 2019

Rocket-backed Redfin reported 52.2% of February home listings stayed on market at least 60 days without going under contract, highest share since 2019.
Stale inventory totaled USD 350 billion, up 4.3% year over year.
Overall for-sale inventory value held near USD 640 billion, near record levels for this time of year.
Redfin tied slower turnover to weak demand, citing February home sales down 3.1% year over year.
Miami posted highest stale-listing share at 62.6%, while San Jose was lowest at 19.8%.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Rocket Companies Inc. published the original content used to generate this news brief via Business Wire (Ref. ID: 20260330793523) on March 30, 2026, and is solely responsible for the information contained therein.

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