Home sellers frustrated with their listings lingering on the market are taking action instead of delisting them—they’re dropping prices.
The current number of listings on the market now sits at more than 1 million, according to the Realtor.com®June 2025 Housing Market Trends Report. And coupled with that, falling median price declines can be found in major metros.
This tends to happen due to several factors: increased supply, a decrease in demand, and rising interest rates…