BiggerPockets Daily Key Stats to Watch In This Buyer's Market
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Oct 24, 2025 Sellers now outnumber buyers by 37%, giving buyers a rare negotiating edge. Texas and Florida top the list of metros where buyers can score deep discounts. However, rising costs and high monthly payments are keeping many potential buyers on the sidelines. Despite a softening demand, carrying costs like mortgage rates are preventing drastic price drops. Meanwhile, some Midwestern cities remain strongholds for sellers, making it a challenging environment for house hunters.
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Nationwide Buyer-Leveraged Market
- There are nearly 37% more home sellers than buyers nationwide, creating strong buyer leverage.
- Redfin reports 35 of the 50 largest metros are now buyer markets, highlighting broad imbalance.
Sunbelt Markets Show Largest Surpluses
- Sunbelt metros like Austin and multiple Florida markets show the biggest seller surpluses, sometimes over 100%.
- The pandemic building boom plus rising rates and insurance costs have cooled demand and pushed inventory up.
Buyer's Market ≠ Affordable Monthly Costs
- A buyer's market doesn't equal affordability because monthly carrying costs remain high.
- Mortgage rates, insurance, and HOA fees keep many renters from buying despite price leverage.