U.S. Home Delistings Tie 2025 High as Buyers Gain Leverage in Cooling Market

U.S. home listings were taken off the market in April, tying December 2025 for the highest share since March 2020. The real estate brokerage examined 50 of the most populous metro areas and found that sellers in California, Texas and Florida recorded the largest shares of withdrawals.

Redfin said delistings “were never as common as they are now” prior to 2020. 7 percent of April listings withdrawn. 8 percent.

5 percent. 1 percent. 7 percent.

6 percent. 5 percent. 4 percent. 1 percent.

0 percent. 7 percent. 6 percent. 4 percent.

Redfin noted that delistings are most common in strong buyer’s markets like Atlanta and Los Angeles. The brokerage said Chicago and New Brunswick are two of just a few metros that are not buyer’s markets. Patricia Ammann, a Redfin agent in Arlington, Virginia, said prices are not rising as they did five years ago.

She attributed the shift to rising living costs and higher interest rates that have reduced buyers’ willingness to bid up prices. Ammann added that buyers now recognize their advantage and often negotiate aggressively, while some sellers refuse to lower expectations. The report was released on Wednesday.