{"id":981285,"date":"2026-07-14T08:04:00","date_gmt":"2026-07-14T12:04:00","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/home-sellers-outnumber-buyers-2-to-1-in-miami-nashville-and-much-of-texas-the-nations-strongest-buyers-markets\/"},"modified":"2026-07-14T08:04:00","modified_gmt":"2026-07-14T12:04:00","slug":"home-sellers-outnumber-buyers-2-to-1-in-miami-nashville-and-much-of-texas-the-nations-strongest-buyers-markets","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/home-sellers-outnumber-buyers-2-to-1-in-miami-nashville-and-much-of-texas-the-nations-strongest-buyers-markets\/","title":{"rendered":"Home Sellers Outnumber Buyers 2 to 1 in Miami, Nashville, and Much of Texas, The Nation\u2019s Strongest Buyer\u2019s Markets"},"content":{"rendered":"

<\/p>\n

Home Sellers Outnumber Buyers 2 to 1 in Miami, Nashville, and Much of Texas, The Nation\u2019s Strongest Buyer\u2019s Markets<\/b><\/p>\n

Redfin reports there were almost half a million more home sellers than buyers in the U.S. in June, equal to 48.5% more. That means buyers hold the negotiating power.<\/i><\/p>\n

SEATTLE–(BUSINESS WIRE<\/a>)–There were an estimated 48.5% more home sellers than buyers in the U.S. housing market in June, down just slightly from 48.7% the month before and a peak of 50.1% in December. That\u2019s according to a new report<\/a> from Redfin<\/a>, the real estate brokerage powered by Rocket.<\/p>\n

When sellers outnumber buyers, buyers typically have more negotiating power because they have options. That\u2019s why a market with a lot more sellers than buyers is considered a buyer\u2019s market. Redfin defines a market where there are over 10% more sellers than buyers as a buyer\u2019s market and a market where there are over 10% fewer sellers than buyers as a seller\u2019s market. A market where the gap is plus or minus 10% is considered a balanced market.<\/p>\n

It\u2019s important to note that it\u2019s only a buyer\u2019s market for people who can afford to buy. High housing costs and widespread economic uncertainty have caused many would-be buyers to back off in recent years, creating the imbalance of buyers and sellers we see today.<\/p>\n

\u201cThe biggest hurdle for Americans looking to buy a home is affordability, but those with the budget to move now\u2014even in the face of record-high home prices and stubbornly high mortgage rates\u2014have the power,\u201d said Asad Khan<\/a>, a senior economist at Redfin. \u201cIn most of the country, there are more homes to choose from, fewer bidding wars and more room to negotiate on price, closing costs and repairs. It’s worth shopping around, negotiating aggressively and asking for concessions. Many sellers are more willing to compromise than they have been in years, especially as the buyer\u2019s market drags on and sellers\u2019 expectations are coming back down to earth.\u201d<\/p>\n

More Sellers Entered the Market<\/b>\u2014And More Buyers Did, Too<\/b><\/p>\n

There were an estimated 1,496,490 home sellers in the market in June\u2014up 0.4% month over month to the highest level since 2020.<\/p>\n

Meanwhile, there were an estimated 1,007,735 buyers in the market, up 0.5% from the month before. The fact that the number of sellers and buyers both ticked up explains why the gap between buyers and sellers was mostly unchanged from May to June.<\/p>\n

Homebuyers Have the Upper Hand in 7 of 10 U.S. Metros, Led By Miami and Nashville<\/b><\/p>\n

Roughly 70% of U.S. housing markets\u201433 of the 47 U.S. metro areas Redfin analyzed\u2014are buyer\u2019s markets. For this report, Redfin analyzed the 50 most populous metros, and excluded three due to insufficient data.<\/p>\n

June\u2019s strongest buyer\u2019s market was Miami, which had an estimated 140% more sellers than buyers. Next came Nashville, TN (129% more sellers) and three Texas metros: Houston (124%), San Antonio (117%) and Austin (101%).<\/p>\n

The nation\u2019s leading buyer\u2019s markets are concentrated in the Sun Belt, where homebuying demand has been slow for several years after the pandemic boom.<\/p>\n

In Miami, the imbalance is especially stark because high home prices, soaring insurance premiums and rising HOA fees<\/a> for the city\u2019s many condos are sidelining many would-be buyers. The increasing cost of insurance and HOA dues are due in part to the increasing frequency of natural disasters, which are themselves deterring some house hunters. Those same factors are pushing many of Miami\u2019s homeowners to put their houses\u2014and condos<\/a>\u2014on the market.<\/p>\n

In Nashville and Texas metros like Houston, San Antonio and Austin, years of homebuilding have left buyers with more options, while high mortgage rates and affordability challenges are keeping demand in check. A glut of new construction is also a factor in Florida. That means homes are sitting longer, sellers are facing more competition, and buyers have more room to negotiate on price, repairs and concessions.<\/p>\n

Just 7 Major Metros Are Seller\u2019s Markets<\/b><\/p>\n

Seven of the major U.S. metro areas Redfin analyzed were seller\u2019s markets in June, tied with May for the highest number in 10 months.<\/p>\n

Nassau County, NY was the strongest seller\u2019s market, with 38% fewer sellers than buyers. The other six seller\u2019s markets were Milwaukee (-30%), Montgomery County, PA (-21%), Newark, NJ (-21%), New Brunswick, NJ (-21%), Providence, RI (-18%) and San Francisco (-16%).<\/p>\n

The places that favor sellers are mostly concentrated in the Northeast because they have one thing in common: a persistent shortage of homes for sale. Unlike many Sun Belt markets, where a construction boom has flooded the market with new inventory, the Northeast has built relatively few homes over the last decade due to limited land, restrictive zoning and slower population growth. Existing homeowners in these markets are also reluctant to sell because many are locked into ultra-low mortgage rates<\/a>, keeping resale inventory tight. At the same time, buyer demand remains relatively resilient thanks to strong job markets and high household incomes.<\/p>\n

San Francisco also has a lack of newly built homes, but the main thing driving its seller\u2019s market is the Bay Area\u2019s AI boom<\/a>. A lot of affluent buyers are using their salaries and bonuses from AI jobs to purchase homes, keeping the market competitive. Neighboring San Jose is a balanced market, and while Oakland is a buyer\u2019s market, it is one of the least strong buyer\u2019s markets in the nation, with 24% more sellers than buyers.<\/p>\n

Half of the Country\u2019s Buyer\u2019s Markets Are Tilting More Toward Buyers As Time Goes On<\/b><\/p>\n

Sixteen of the 33 buyer\u2019s markets in the nation became stronger buyer\u2019s markets in June.<\/p>\n

The seller surplus increased most in Houston, which was June\u2019s third-strongest buyer\u2019s market. There were 124% more sellers than buyers in Houston up from roughly 104% the month before. The next-biggest monthly increase was in Orlando, FL, which had 98% more sellers than buyers in June, up from an 81% seller surplus the month before. Miami, the country\u2019s strongest buyer\u2019s market, rounds out the top three (140%, up from 127% the month before).<\/p>\n

Anaheim, CA had 25% more home sellers than buyers in June, down from 39% the month before\u2014making it the metro where the seller surplus shrunk most. Next comes neighboring Riverside, CA, with 62% more sellers than buyers, down from 73%. Rounding out the top three is Tampa, FL (70%, down from 80%).<\/p>\n

To view the full report, including charts and full metro-level data, please visit: https:\/\/www.redfin.com\/news\/buyers-vs-sellers-june-2026<\/a><\/p>\n

About Redfin<\/b><\/p>\n

Redfin is a technology-driven real estate company with the country’s most-visited real estate brokerage website. As part of Rocket Companies (NYSE: RKT), Redfin is creating an integrated homeownership platform from search to close to make the dream of homeownership more affordable and accessible for everyone. Redfin\u2019s clients can see homes first with on-demand tours, easily apply for a home loan with Rocket Mortgage, and save thousands in fees while working with a top local agent.<\/p>\n

You can find more information about Redfin and get the latest housing market data and research at https:\/\/www.redfin.com\/news<\/a>. For more information about Rocket Companies, visit https:\/\/www.rocketcompanies.com<\/a>.<\/p>\n

\"\"<\/p>\n

View source version on businesswire.com: <\/span>https:\/\/www.businesswire.com\/news\/home\/20260714456921\/en\/<\/a><\/span><\/p>\n

Contact Redfin Journalist Services:<\/b>
Kenneth Applewhaite
press@redfin.com<\/a><\/p>\n

KEYWORDS:<\/b> Washington United States North America<\/p>\n

INDUSTRY KEYWORDS:<\/b> Internet Residential Building & Real Estate Technology Construction & Property Software<\/p>\n

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Home Sellers Outnumber Buyers 2 to 1 in Miami, Nashville, and Much of Texas, The Nation\u2019s Strongest Buyer\u2019s Markets Redfin reports there were almost half a million more home sellers than buyers in the U.S. in June, equal to 48.5% more. That means buyers hold the negotiating power. SEATTLE–(BUSINESS WIRE)–There were an estimated 48.5% more home sellers than buyers in the U.S. housing market in June, down just slightly from 48.7% the month before and a peak of 50.1% in December. That\u2019s according to a new report from Redfin, the real estate brokerage powered by Rocket. When sellers outnumber buyers, buyers typically have more negotiating power because they have options. That\u2019s why a market with a lot more sellers than … <\/p>\n

Continue reading “Home Sellers Outnumber Buyers 2 to 1 in Miami, Nashville, and Much of Texas, The Nation\u2019s Strongest Buyer\u2019s Markets”<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-981285","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"\nHome Sellers Outnumber Buyers 2 to 1 in Miami, Nashville, and Much of Texas, The Nation\u2019s Strongest Buyer\u2019s Markets - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/home-sellers-outnumber-buyers-2-to-1-in-miami-nashville-and-much-of-texas-the-nations-strongest-buyers-markets\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Home Sellers Outnumber Buyers 2 to 1 in Miami, Nashville, and Much of Texas, The Nation\u2019s Strongest Buyer\u2019s Markets - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"Home Sellers Outnumber Buyers 2 to 1 in Miami, Nashville, and Much of Texas, The Nation\u2019s Strongest Buyer\u2019s Markets Redfin reports there were almost half a million more home sellers than buyers in the U.S. in June, equal to 48.5% more. That means buyers hold the negotiating power. SEATTLE–(BUSINESS WIRE)–There were an estimated 48.5% more home sellers than buyers in the U.S. housing market in June, down just slightly from 48.7% the month before and a peak of 50.1% in December. That\u2019s according to a new report from Redfin, the real estate brokerage powered by Rocket. When sellers outnumber buyers, buyers typically have more negotiating power because they have options. 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That means buyers hold the negotiating power. SEATTLE–(BUSINESS WIRE)–There were an estimated 48.5% more home sellers than buyers in the U.S. housing market in June, down just slightly from 48.7% the month before and a peak of 50.1% in December. That\u2019s according to a new report from Redfin, the real estate brokerage powered by Rocket. When sellers outnumber buyers, buyers typically have more negotiating power because they have options. 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