{"id":422088,"date":"2026-01-22T03:30:12","date_gmt":"2026-01-22T03:30:12","guid":{"rendered":"https:\/\/www.newsbeep.com\/us\/422088\/"},"modified":"2026-01-22T03:30:12","modified_gmt":"2026-01-22T03:30:12","slug":"housing-market-sellers-outnumber-buyers-by-47-1-in-december-2024","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/us\/422088\/","title":{"rendered":"Housing market sellers outnumber buyers by 47.1% in December 2024"},"content":{"rendered":"\n

American Real Estate Association co-founder Jason Haber unpacks the state of the housing market and assesses Redfin\u2019s announcement of a \u2018great housing reset\u2019 coming in 2026 on \u2018The Claman Countdown.\u2019<\/p>\n

Sellers in the U.S. housing market<\/a> are outnumbering buyers by a large margin, giving potential buyers who were in the market negotiating power. But it’s not making a dent in the affordability crisis.<\/p>\n

In December, there were an estimated 47.1% more home sellers than buyers in the U.S. housing market, which is the largest gap in records since 2013, according to a recent report from Realtor.com. That’s up 7.1% from a month earlier, which was also the largest increase since September 2022. It’s also up 22.2% from a year earlier.<\/p>\n

Meanwhile, during that same month, the number of homebuyers fell 5.9% month over month to an estimated 1.34 million, making the largest drop since March 2023 and the lowest level in records dating back to 2013, according to the report.<\/p>\n

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While sellers have also been backing out of the market, it’s slim in comparison. Sellers in the market fell 1.1% month over month to an estimated 1.97 million.\u00a0<\/p>\n

\"A <\/p>\n

In December, there were an estimated 47.1% more home sellers than buyers in the U.S. housing market. (Patrick T. Fallon\/AFP via Getty Images)<\/p>\n

Realtor.com defines a buyer’s market as one where there are over 10% more sellers than buyers. By this definition, it has been a buyer’s market since May 2024, meaning buyers have had stronger negotiating power.\u00a0<\/p>\n

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But that doesn’t mean its affordability has eased for those still seeking to move. It’s only a buyer’s market for those that can still swallow the high borrowing and housing costs.<\/p>\n

These high housing costs, layoffs and mounting political and economic uncertainty are still forcing many house hunters to retreat, creating an imbalance of buyers and sellers.\u00a0<\/p>\n

\"People <\/p>\n

Realtor.com defines a buyer’s market as one where there are over 10% more sellers than buyers. (David Paul Morris\/Bloomberg via Getty Images)<\/p>\n

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Some sellers have delisted their homes after they sat on the market for months with no activity.<\/p>\n

Here are the strongest buyer markets:\u00a0<\/p>\n

1. Austin, Texas: There were an estimated 128% more home sellers than buyers in December, which was the largest imbalance.<\/p>\n

2. Fort Lauderdale, Florida: There were an estimated 125% more home sellers.<\/p>\n

GET FOX BUSINESS ON THE GO BY CLICKING HERE<\/a><\/p>\n

3. Nashville, Tennessee: There were an estimated 111% more home sellers.<\/p>\n

4. Miami, Florida: There were an estimated 103% more home sellers.<\/p>\n

5. San Antonio, Texas: There were an estimated 103% more home sellers.
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