Close to 85,000 home sellers across the United States pulled their properties off the market in September, representing a 28 percent increase from last year and the highest level for the month in eight years, according to Redfin.
The Nov. 25 report indicates that 5.5 percent of the county’s total listings were delisted in September—the highest rate in 10 years. A home is considered “delisted” if it leaves the market for more than 31 days without selling or going under contract. A listing is considered “stale” if it has been on the market for more than 60 days since the original listing date.
