Pending home sales fall 14.4% to a Redfin record low; homes take 50 days to sell

Redfin, Housing Market Update · Oct 22, 2026 · 0 views · Flip

In the four weeks ending Oct. 18, pending sales fell 14.4% from a year earlier, the lowest in Redfin's records, which start in 2021. The median home took 50 days to sell, and 21.7% of listings had a price drop. Why it matters for operators: Longer selling times add to carrying costs. Budget your holding costs for a longer resale period.