About 52.2 percent of U.S. home listings in February had been on the market for more than 60 days, representing a record $347 billion in “stale” inventory, according to a March 30 Redfin report.
The share of stale inventory in the month was up by 2 percent from February 2025 (50.1 percent), marking the highest level since 2019, the report shows.
Redfin defines a stale listing as “a home that has been on the market for 30 days or more without serious buyer interest.”
Redfin noted that the multi-billion-dollar value of stale inventory was up by 4.3 percent year over year and is the highest dollar amount on record for February. The report attributes the increase in dollar amount to “thousands more home sellers than buyers,” which is causing homes to sit on the market….