Home Relistings Hit Record High In January – NMP Skip to main content

Home Relistings Hit Record High In January

Mar 05, 2026
Managing Editor

After a record year of delistings, Redfin reports homeowners are returning to the market ahead of spring, offering buyers more inventory and potential price flexibility

A pronounced increase in home relistings suggests U.S. sellers are gearing up for a potentially busier spring housing season, according to a new analysis from Redfin.

Nearly 45,000 homes that were taken off the market in 2025 were relisted in January 2026 — the highest January relisting count in records going back to 2016, and equivalent to 3.6 % of all active listings for the month.

Relistings occur when a home that was previously taken off the market is listed again after at least 31 days off the market, signaling renewed seller confidence.

The surge follows a period in which many sellers withdrew homes rather than accept low offers amid declining demand, high housing costs, and economic uncertainty. Redfin data show delistings hit a record high of 112,788 in December 2025, as would‑be sellers opted to wait rather than negotiate steep price cuts. The uptick in relistings indicates some of those homeowners may now be repositioning their properties to capture spring buyer interest.

 

Nearly 45,000 U.S. homes that were delisted last year were relisted for sale in January 2026—the highest January figure in records dating back to 2016.

 

“Many sellers who pulled their homes off the market last year are relisting now in hopes of capitalizing on spring homebuying season,” said Andrew Vallejo, a Redfin Premier real estate agent in Austin, Texas. “I’m working with one couple who plans to relist their current home as soon as they close the deal on the house they’re in the process of buying. Their house was on the market last year, but they didn’t have an incentive to lower the price enough to attract buyers because they hadn’t yet found their dream home.”

Lower Rates Injecting Life

With the 30‑year fixed mortgage rate recently dipping below 6 %, buyer purchasing power has modestly improved, which could encourage both buyers and sellers to reengage with the market.

“Homebuyers are already scoring discounts because there are more homes for sale than people who want to buy them, and it’s possible those discounts will get bigger if relistings boost supply further,” said Redfin Senior Economist Asad Khan. “Some sellers will be more flexible on price when they relist since they’ve already been burned once. Buyers shouldn’t be shy about asking for concessions; even if the list price is high on paper, the seller may be open to negotiating.”

Relistings More Pricey On The West Coast

In San Jose, 257 homes that were delisted in 2025 were relisted in January 2026, which represents 12.5% of homes that were on the market that month. That’s the highest share among the 50 most populous U.S. metropolitan areas. Next come two other Bay Area metros: San Francisco (11.4%) and Oakland (10.2%). Seattle and Denver round out the top five at 8.3% and 7.4%, respectively.

On the other end of the spectrum is Pittsburgh, where 132 homes delisted last year were relisted in January, equal to just 1.7% of homes on the market that month. That’s the lowest share among the top 50 metros followed by Milwaukee (2.2%); Montgomery County, Penn. (2.2%); Virginia Beach, Va. (2.3%); and Kansas City, Mo. (2.3%).


 

In San Jose, CA, 257 homes that were delisted last year were relisted in January 2026, which represents 12.5% of homes that were on the market that month
About the author
Managing Editor
NMP Managing Editor Eric C. Peck has 25-plus years’ experience covering the mortgage industry. He graduated from the New York Institute of Technology, where he received his B.A. in Communication Arts/Media. After graduating, he…
Published
Mar 05, 2026
CMBS Delinquencies Rise To 7.28% In Q1

MBA points to refinancing challenges and higher borrowing costs as commercial mortgage performance remains mixed

Jun 03, 2026
More Homebuyers Turn To Shared Ownership To Overcome Affordability Challenges

Rising housing costs are pushing buyers to pool incomes and assets, creating new opportunities for lenders and originators

Jun 03, 2026
Home Price Growth Remains Positive Despite Higher Mortgage Rates

Cotality reports 0.3% annual appreciation in April as affordability pressures cool some markets and Midwest metros gain momentum

Jun 03, 2026
National Homeownership Month Highlights Challenges Facing First-Time Homebuyers

Rising housing costs and affordability pressures are making it harder for Americans to achieve homeownership

Jun 02, 2026
Property Taxes Rise Across Every Major Metro, Adding To Borrower Affordability Pressure

Median tax bills increased 5.1% in 2024, with borrowers carrying mortgages facing higher costs than mortgage-free homeowners

May 29, 2026
Purchase Mortgage Payments Moved Higher In April

Higher loan amounts and modest rate increases continued squeezing borrower qualification margins, particularly for FHA and payment-sensitive buyers

May 28, 2026