Redfin data shows home listings climbed 12% year-over-year last month, with Florida and Texas in particular seeing a surge in stale inventory.

More than a half of listings in the country have been on the market for 60 days or more, according to a report from Redfin

Real estate company Redfin says the United States’ housing supply is at its highest level since 2020, but the company said it’s because many homes are on the market but haven’t sold.

In November, 54.5% of homes for sale stayed on the market for 60 days or more without being sold. This trend persisted in Tampa Bay, where active listings are at 19.1%, but 57% st