National Listings Hit Record $700B, Buyers Stay Frozen
Record $700 Billion in Listings Meets Sluggish Buyer Demand A staggering $700 billion worth of residential properties now sits on the national market. This marks an unprecedented surge in available inventory, fundamentally altering the dynamics of American real estate. Active listings have exploded by 30.6% between April 2024 and April 2025. This creates a massive wall of available properties that towers over buyer activity. The sheer volume represents the highest dollar value ever recorded in national real estate data. Despite this historic listing saturation, buyer demand remains alarmingly weak. Potential purchasers continue displaying pronounced hesitation. Affordability concerns and elevated mortgage rates have paralyzed decision-making processes. The median home-sale price of $414,000 reflects this market tension. Abundant supply meets reluctant demand, impacting inventory levels. Current inventory has reached a 4.4-month supply. This provides buyers unprecedented leverage in neg...