Buyers are keeping the real estate market in check. A new record in the USA

In February 2026, the US real estate market saw a record surplus of sellers over buyers. According to the latest Redfin data, almost 630,000 people want to get rid of their house or apartment. more than buyers.

Two months ago, we reported that in December 2025 in the US, a historic record was broken for the strength of the “buyer's market” in real estate. Redfin has just released its latest revised data. They show that the space dividing the number of buyers and sellers was the largest in February 2026.

The US real estate market since September 2023 has been characterized by a numerical advantage of sellers. The scale of the imbalance increases from month to month. Redfin analysts estimate that on the supply side there are 629.8 thousand more people than those looking around at offers. In relative terms, this means that the difference between the demand and supply sides reached 46.3%. This is the highest number in 13 years, i.e. the period for which comparable data is collected.

The number of buyers was based on Redfin and MLS listing and transaction data. The number of sellers is the sum of active listings in the MLS. A buyer's market occurs when there are more than 10 percent of sellers. more than buyers. In the opposite situation, it is called a seller's market, and the difference is up to 10%. means a balanced market.

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Redfin data shows that the main culprit for the imbalance is a steady decline in the number of active buyers. The number of buyers decreased by 2.4%. compared to January 2026, to 1.36 million. This lowest reading since 2013 During this time, the number of sellers decreased by 0.4%.

Of the 50 largest agglomerations, sellers have an advantage in as many as 37. The largest disproportion (162%) was recorded in Miami. Second place is held by Nashville, Tennessee (119%), and third place by Austin, Texas (111%).

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