GoKawiilAccording to Zillow data, the typical U.S. home listed for sale in May 2026 went pending after roughly 18 days—3 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 increasing 'days to pending' in housing markets indicates a shift towards greater buyer power, potentially leading to more balanced negotiations and longer sales cycles. This trend is significant for the tech industry as it reflects evolving market dynamics that can influence real estate platforms, data analytics, and homebuyer tools. For consumers, it suggests a more measured and possibly less competitive homebuying process, impacting how they approach property searches and negotiations.
Key Takeaways
- Home sales are taking three times longer to pending compared to 2022.
- The shift indicates increased buyer leverage in the housing market.
- Longer sales cycles may influence real estate technology and market strategies.
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