Your Weekly Guide to the Housing Market

As your trusted real estate advisor, I have valuable and unique information about the pulse of the market based on real-time data. For example,

The most notable trend in today’s housing market is the sharp rise in withdrawn listings. Through September, withdrawals climbed to 42.3% of new listings—the highest rate in years—as more sellers decide to pause rather than drop prices in a slower demand environment.

Many of these homes will return to market in 2026, making this less about “shadow inventory” and more about delayed transactions. Some sellers are simply testing the market or waiting for better conditions, while others are holding off to avoid selling at a loss.

For sellers considering a move, testing the market strategically can make all the difference. Work with me to activate The Compass 3-Phased Marketing Strategy, including Private Exclusives and Coming Soon, to help:

• Position your home ahead of the market from day one

• Test demand and pricing before going fully live

• Capture buyers quickly as conditions improve

Let’s develop a plan to position your home for success—whether now or when the timing is right.

here are a few insights that stood out:

Housing supply is stalling. Inventory has held steady near 864,000 homes for 12 straight weeks—about 18% above last year—as fewer new listings hit the market and more sellers choose to withdraw instead of cutting prices. This marks a return to more typical seasonal patterns after years of late-year inventory growth.

Withdrawals are rising. Through September, withdrawals climbed to 42.3% of new listings, a sign that many sellers are testing the market but pulling back when offers don’t meet expectations. Some will relist later this year or in 2026, creating a pipeline of delayed transactions rather than a wave of “shadow inventory.”

Sales are improving slightly. Pending home sales remain roughly 5% higher than last year, showing that buyers are still active despite affordability constraints.

Prices remain steady. The median price of new contracts is $398,000, about 1% higher than last year, with 41.5% of active listings having reduced their price. Many sellers are holding firm, reflecting the “downside stickiness” of home values in today’s market.

Takeaway: With inventory flat and many sellers waiting on the sidelines, those who list now face limited competition—but success depends on testing the market with the right pricing strategy. Buyers can get ahead by leveraging Private Exclusives and Coming Soon listings to access opportunities early.

Source: Altos Research, Compass, Single Family - Updated through October 3rd

Have questions about what this means for your neighborhood or your home plans?

Just reach out—I’m always here to help you navigate the market with clarity and confidence.

Javada Hill

R.E. Salesperson

M: 215.704.5057

O: 610.822.3356

javada.hill@compass.com

This email is for informational purposes only. You should seek their own professional advice before making decisions. Compass disclaims any liability for reliance on this content.