There are 72 percent more condo sellers than buyers in the US: Redfin
11 Articles
11 Articles
There are 72 percent more condo sellers than buyers in the US: Redfin
If the national housing market is cool, the condo market is ice cold. There were 72 percent more condo sellers than buyers in August, marking the fifth straight month that figure has topped 70 percent, according to a new Redfin analysis. That makes spring and summer 2025 the strongest condo buyers' market in more than a decade — aside from April 2020, when the pandemic briefly froze home sales nationwide. The mismatch between condo supply and de…

There are 72% more condo sellers than buyers in the US: Redfin
(NewsNation) — If the national housing market is cool, the condo market is ice cold. There were 72% more condo sellers than buyers in August, marking the fifth straight month that figure has topped 70%, according to a new Redfin analysis. That makes spring and summer 2025 the strongest condo buyers' market in more than a decade — aside from April 2020, when the pandemic briefly froze home sales nationwide. The mismatch between condo supply and …
US Condo Sellers Struggle to Divest Properties, Outnumber Buyers by 72 Percent
High insurance costs and exorbitant homeowners association fees have potential condo buyers sitting on the sidelines, with sellers outnumbering buyers by just over 72 percent in August. In an Oct. 6 report, online real estate platform Redfin said that nationwide, there were just under 260,000 condo sellers in August versus slightly more than 150,000 buyers—the fifth consecutive month that sellers outpaced buyers by more than 70 percent. Outside …
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