Home sellers are pulling homes off the market at a near record pace, data shows

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Thursday, June 4, 2026 11:55PM
Sellers are pulling homes off the market at record rates: Report

HOUSTON, Texas (KTRK) -- Some frustrated home sellers are pulling their homes off the market during the all-important spring home buying and selling season, according to data from Redfin.

Nationwide, 5.8% of homes that were listed were pulled off the market in April 2026, according to Redfin, a real estate brokerage and website. That is on par with December 2025 statistics, which were the highest percentage of homes that were delisted since March 2020.
The data shows a solid buyer's market as consumer confidence drops, and mortgage rates fluctuate.

Atlanta at 10.7% and San Jose, California, at 9.3% saw the highest share of homes "delisted" in April 2026. Houston sat around the middle of the pack at 6.7%.

The reasons people are pulling their homes off the market are varied, but boil down to buyers and sellers disagreeing on pricing, according to Redfin Chief Economist Daryl Fairweather, Ph.D.

"So, buyers are expecting prices to be lower, and sellers are still demanding high prices, and when sellers don't get the prices they want, more of them are delisting," Fairweather said.

Around 2.5% of sellers that delisted their homes in the past year have chosen to relist their homes. Relistings are most prevalent in the Bay Area, where there's a 4.2% share of listings that are relistings. That is because home sellers are taking advantage of the "hot local market," according to Redfin economists.

Some housing market experts are confident that the market will recover soon.

"I think it will eventually turn around. I think buyers are still getting accustomed to today's market, with interest rates, inventory, and other factors. There are some solid resale options available," Co-founder of Braden Real Estate Group Nicole Handy said.

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