Markets shifting to more sellers than buyers

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Markets shifting to more sellers than buyers

https://www.redfin.com/news/sellers-vs-buyers-price-impact/
Ashley KehrPro Member
Rental Property Investor · Buffalo, NY · Member since 2017 · 208 posts · 187 votes

Just came across this Redfin article and thought it was worth discussing here.

According to Redfin, there are now 1.9 million home sellers vs. 1.5 million buyers—that’s a 34% gap, the widest since 2013. Nearly half of all listings in April sat on the market for 60+ days, and Redfin is forecasting a 1% price drop by the end of the year.

As someone trying to make smart investment decisions in 2025, this shift has me thinking:

  • Are we finally moving into a buyer’s market again?

  • Is this the time to get more aggressive with offers, or are there still too many variables (rates, affordability, etc.) to act fast?

  • For the sellers here—have you had to adjust your pricing or strategy lately?

Curious to hear what others are seeing in their local markets. Are you noticing more room to negotiate? More deals falling through? Would love to know how you’re navigating this shift.

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Theresa HarrisPro Member
Member since 2019 · 15k+ posts · 11k+ votes
1y

I think it varies by region.  Where I live, the market picks up on April and May.  It also depends on price points.  Quite a few of the less expensive places where I am are going over asking with multiple offers.  I put an offer in recently and there were over 9 offers and it went $25K over asking (priced in the mid 200).  My realtor said that is typical right now.

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  • Theresa HarrisPro Member
    Member since 2019 · 15k+ posts · 11k+ votes
    1y

    I think it varies by region.  Where I live, the market picks up on April and May.  It also depends on price points.  Quite a few of the less expensive places where I am are going over asking with multiple offers.  I put an offer in recently and there were over 9 offers and it went $25K over asking (priced in the mid 200).  My realtor said that is typical right now.

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  • Devin Conley
    San Diego · Member since 2024 · 44 posts · 20 votes
    1y

    Looking at historical absorption rates as a signal for seller vs buyer's market... it does feel like buyer appetite has slowed a bit in recent years, but could also look at it as more of a return to the normal pre-2020 levels if we zoom out!


    Similarly median days on the market is up this year (comparing seasonally) but numbers are not at all unusual looking further back

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  • Ken M.
    Investor · Get yourself trained before doing something inadvisable. · Member since 2024 · 3k+ posts · 1k+ votes
    1y
    Quote from @Ashley Kehr:

    Just came across this Redfin article and thought it was worth discussing here.

    According to Redfin, there are now 1.9 million home sellers vs. 1.5 million buyers—that’s a 34% gap, the widest since 2013. Nearly half of all listings in April sat on the market for 60+ days, and Redfin is forecasting a 1% price drop by the end of the year.

    As someone trying to make smart investment decisions in 2025, this shift has me thinking:

    • Are we finally moving into a buyer’s market again?

    • Is this the time to get more aggressive with offers, or are there still too many variables (rates, affordability, etc.) to act fast?

    • For the sellers here—have you had to adjust your pricing or strategy lately?

    Curious to hear what others are seeing in their local markets. Are you noticing more room to negotiate? More deals falling through? Would love to know how you’re navigating this shift.

    Your question: "Are we finally moving into a buyer’s market again?"

    No, not yet. The buyers can't afford the prices. The lenders won't lend on the debt to income ratios. and it isn't yet a "blue moon". Pigs don't fly and unicorns don't fart rainbows.

    Someone is going to take the "hair cut" (suffer significant loss) before it's time to buy.

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  • John MorganPro Member
    Rental Property Investor · Grand Prairie, TX · Member since 2018 · 2k+ posts · 2k+ votes
    1y

    Buyers have more leverage now with this environment. But not many can qualify or afford to buy. Sellers that need to sell will have to drop their prices quite a bit in most areas.

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