In the home sector, different cycles exist that favor buyers and sellers. Then, there is what we are seeing now — a super buyers’ market. Home shoppers may rejoice that America appears to be in the super stage right now, with 37% more home sellers in the market nationwide than buyers. However, property owners who have not adapted to the new reality may be disgruntled enough to pull the listing altogether.
A new report from Redfin notes that in September, sellers outnumbered buyers by more than two-to-one in seven metros. All but one are in Texas or Florida. The sole exception to this group is Nashville, TN, where there are 109.4% more sellers than buyers. The remaining six include Austin (130%), Fort Lauderdale (118.5%), West Palm Beach (113%), Miami (112.2%), San Antonio (108.9%), and Dallas (100.4%). Also-rans include Jacksonville (96.3%), Las Vegas (89.6%) and Houston (83.8%).
The report found that 35 of the nation’s 50 largest metros were buyers’ markets in September, 10 were balanced markets and five were sellers’ markets. The Southeast was home to most of the buyers’ markets, while the Midwest and the rest of the East Coast hosted most of the remainder. New construction is likely to have influenced these results, since the South has issued the most new building permits.
Newark was the strongest sellers’ market with 42% fewer sellers than buyers. The other four metros where buyers outnumbered sellers were Nassau County, NY (39.1%), Montgomery County, PA (39.1%), New Brunswick, NJ (25.5%) and Cleveland, OH (11%).
The disparity between sellers and buyers is so large that some buyers find themselves in a state of paralysis, unable to make a decision about which home to settle on when there are so many on the market. Others find that rents have dropped so much that it makes more sense to rent than to buy.
“It’s a good time to buy if you feel confident in your financial situation and you’re planning to stay in your house for a long time,” commented one real estate agent in Austin.
“Sellers are offering to pay buyers’ closing costs, and the market has slowed.”
Buyers may at some point find themselves with fewer choices. Redfin noted that some sellers are retreating because demand is low and buyers hold negotiating power. But in some places – especially those where many new homes have been built, such as Florida and Texas – the gap between buyer and seller remains large.
Some sellers who can’t accept the reality that their home has lost value are opting to take their properties off the market and offering them as rentals. This has helped lower the buyer-seller gap in some cities. For example, in Miami, there were 112.2% more sellers than buyers in September 2025, but 164.9% more during the previous September.
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