Redfin Data Shows Typical U.S. Home Takes 66 Days to Go Under Contract in February 2026

Reuters

Mar 19

Redfin Data Shows Typical U.S. Home Takes 66 Days to Go Under Contract in February 2026

Redfin, operated by Rocket, reported the typical U.S. home that went under contract in February spent 66 days on the market, the slowest February pace since 2016.
The report said sellers outnumbered buyers by more than 40%, indicating a buyer’s market.
Buyers paid 1.8% less than the final list price, and the median home sale price was USD 429,259.
Pending home sales fell 0.8% month over month, and new listings declined 5.3% year over year.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Rocket Companies Inc. published the original content used to generate this news brief via Business Wire (Ref. ID: 20260319664280) on March 19, 2026, and is solely responsible for the information contained therein.

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