According to Zillow data, the typical U.S. home listed for sale in May 2026 went pending after roughly 18 days—three times longer than the 6-day national median recorded in May 2022. Want more housing market stories from Lance Lambert’s ResiClub in your inbox? Subscribe to the ResiClub newsletter.
Housing markets where homebuyers have gained the most power, as told by days to pending
Why This Matters
The increase in days to pending indicates a shift towards greater buyer power in the housing market, potentially leading to more balanced negotiations and better deals for consumers. For the tech industry, this trend highlights the importance of digital platforms and data analytics in understanding and adapting to evolving market dynamics. It underscores the growing role of technology in real estate transactions and consumer decision-making.
Key Takeaways
- Home sale pending times have tripled since 2022, signaling increased buyer leverage.
- Longer market times may lead to more competitive pricing and negotiation opportunities.
- Data-driven insights are crucial for adapting to changing housing market conditions.
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