BiggerPockets Daily New Report Says Homes Are Beginning to Sell Below Purchase Price at a Higher Rate
6 snips
Jun 25, 2025 Current housing market trends reveal a growing risk for sellers, with nearly 6% facing the potential of selling at a loss. This situation is particularly pronounced for condos and homes purchased after the pandemic, especially in cities like San Francisco and Austin. Nationwide, almost one in three newer condos could sell below their original price. As sellers encounter pressure to adjust prices, today's buyers are gaining more leverage in negotiations, navigating a changing real estate landscape.
AI Snips
Chapters
Transcript
Episode notes
Rising Risk of Selling at Loss
- Nearly 6% of current home sellers risk selling below their purchase price, up from 4.4% last year.
- This risk is higher in certain markets and for post-pandemic purchases, especially condos in cities like San Francisco and Austin.
Condos Hit Hardest Post-Pandemic
- Post-pandemic condo buyers face the highest risk of losses, with nearly 30% likely to sell at a loss.
- Single family homes fare better, with only about 4.4% at risk of loss nationally.
Regional Variations in Price Correction
- Market correction varies geographically: Sunbelt markets see actual price declines while some areas have stable prices but slower growth.
- Nationally, prices have grown overall but at a slower pace, creating a feeling of correction.