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Gone in 7 days: One-third of homes sell within a week in the fastest markets, while others sit

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Z (Zillow) analysis shows the U.S. housing market running on two tracks: highly desirable homes sell very quickly while other listings linger. Nationally, 18.5% of homes went pending within seven days (Feb 2026) and 44.3% of those sold above list, versus 17.1% for all homes. In March 2026, the typical sold home went pending in 19 days while the median active listing age was 56 days.

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Positive

  • 18.5% of U.S. homes went pending within seven days (Feb 2026)
  • 44.3% of fast-selling homes sold above list (Feb 2026)
  • Typical sold home went pending in 19 days (March 2026)
  • St. Louis: 36.4% of homes sold within seven days (Feb 2026)
  • Seattle: 34.7% of homes sold within seven days (Feb 2026)

Negative

  • Median active listing age 56 days (March 2026)
  • Gap between sold and active listings: 37 days (March 2026)
  • Austin: only 2.7% of homes sold within seven days (Feb 2026)
  • Miami median active listing age 104 days (March 2026)

News Market Reaction – Z

-3.34%
-3.34% Session close to close

In the Apr 23 session, Z declined 3.34%, reflecting a moderate negative market reaction.

Data tracked by StockTitan Argus on the day of publication.

Market Context

This announcement details a two-track housing market, where about 18.5% of homes go pending within a...
Analysis

This announcement details a two-track housing market, where about 18.5% of homes go pending within a week and nearly half of those sell above list. It reinforces Zillow’s positioning as a source of granular national and metro-level data, while tying in features like Zillow Preview that target fast-moving listings. Investors may watch how such market dynamics influence traffic, agent adoption, and ultimately transaction-related revenue as the year progresses.

Key Figures

Fast-sales share (US): 18.5% Fast homes above list: 44.3% All homes above list: 17.1% +5 more
8 metrics
Fast-sales share (US) 18.5% Homes pending within 7 days, February 2026
Fast homes above list 44.3% Share of homes sold within 7 days that sold above list, February 2026
All homes above list 17.1% Share of all homes sold above list, February 2026
Days to pending (US) 19 days Typical sold home, March 2026
Age of active listings (US) 56 days Median age of all active listings, March 2026
US fast-sale price premium 2.6x Fast-selling homes’ likelihood of selling above list vs all homes
Seattle fast-sales share 34.7% Homes sold within 7 days, February 2026
St. Louis fast-sales share 36.4% Homes sold within 7 days, February 2026

Historical Context

5 past events · Latest: Apr 21 (Neutral)
Pattern 5 events
Date Event Sentiment 24h Move Catalyst
Apr 21 Rent growth update Neutral -2.4% Report on slower rent growth and increased renter savings across U.S. markets.
Apr 16 Product engagement data Positive +1.3% Launch of Zillow Buzz Index showing features that boost buyer engagement on the site.
Apr 14 Consumer behavior study Positive +1.0% Analysis of “dual shoppers” engaging with both for-sale and rental listings.
Apr 10 Platform adoption update Positive -1.9% Additional brokerages joining Zillow Preview, expanding pre-market listing exposure.
Apr 7 Earnings date notice Neutral +1.6% Announcement of timing for first-quarter 2026 earnings release and webcast.

24h Move is the share-price change in the day after each event; other market factors may also have contributed.

Pattern Detected

Recent Zillow data- and product-focused releases have produced modest, mixed price reactions, with both gains and declines following broadly neutral-to-positive news.

Recent Company History

Over the past month, Zillow has issued several data-driven and product announcements. A rent report on Apr 21 highlighted slowing rent growth and renter savings. Earlier, the Zillow Buzz Index launch on Apr 16 and a "dual shopper" analysis on Apr 14 underscored engagement and consumer behavior trends. On Apr 10, Zillow Preview expansion showed growing brokerage adoption. An earnings-date notice on Apr 7 set expectations for first-quarter 2026 results. Today’s housing-market split analysis continues this pattern of macro and platform insights.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Homes that sell within seven days are 2.6 times more likely to sell above asking price

  • Nationally, 18.5% of homes went pending within seven days in February 2026, according to a Zillow analysis. In the fastest markets — St. Louis, Hartford and Seattle — more than 1 in 3 homes sold that quickly.
  • Homes that went pending within seven days were 2.6 times more likely to sell above asking price than the typical listing in February 2026 — 44.3% of these fast-selling homes sold above list price, compared to 17.1% of all homes.
  • Last month, the gap between how fast sold homes move and how long all active listings sit reached its widest point for any March since 2020. The typical sold home went pending after 19 days, while the median active listing had been on the market for 56 days.

SEATTLE, April 23, 2026 /PRNewswire/ -- A new Zillow® analysis reveals that the U.S. housing market is operating on two distinct tracks. Desirable, well-priced homes continue to sell quickly, though this group is shrinking. Other homes are lingering longer than they have in years. These numbers look similar to what would have been expected before the pandemic, pointing to a housing market that is settling into its new normal.

The gap between how quickly sold homes move and how long all inventory sits reached its widest point for any March since 2020. This March, the typical home that sold went pending in 19 days, while the median age of all active listings was 56 days — a 37-day difference. That gap was as narrow as nine days in April 2022. The divide reflects a market where buyers have more choices and more leverage than they have had in years, and where homes that stand out are rewarded, while others wait.

Nationally, 18.5% of homes went pending within seven days in February 2026, the latest month with complete sales data. In the fastest markets — including St. Louis, Hartford and Seattle — more than one-third of all homes sell that quickly. Among those fast-selling homes, 44.3% sold above asking price, compared to just 17.1% of all homes, making homes that sold within a week 2.6 times more likely to have attracted a bidding war. That's the second-highest such multiple in Zillow's data going back to 2018.

"The cream of the crop is still selling fast, even in markets that have slowed considerably," said Orphe Divounguy, senior economist at Zillow. "However, higher costs are putting buyers under pressure, so they are more choosy than during the pandemic frenzy. Desirability is ultimately a function of price, and getting the pricing strategy right from day one can be the difference between a week on the market and months. Sellers who meet buyers' current expectations of price, versus higher price expectations during the pandemic, can still sell their home quickly."

The divergence between homes that sell fast and homes that linger reflects a return to a more balanced housing market. Challenging financial conditions have limited the pool of buyers, yet those still in the market are benefiting from more options and bargaining power. Sellers whose listings check every box sell quickly, while others linger.

The divide plays out differently depending on where you look. Several Midwest markets where relative affordability has kept demand steady — including St. Louis, Cincinnati and Kansas City — have at least 3 in 10 homes selling within seven days. Sun Belt markets where inventory has surged — including Austin, San Antonio, Charlotte and Jacksonville — have fewer than 1 in 10 homes selling that quickly. Buyers in these markets have far more options and less incentive to make an immediate offer.

For buyers and sellers navigating this market, preparation and timing matter, and Zillow Preview℠ gives both sides an edge. Sellers can gain insights into their pricing and marketing strategy by gauging buyer interest before their home officially hits the market. Buyers get early visibility into homes heading to market directly in their regular Zillow search, giving them time to connect with an agent, get pre-approved and be ready to move the moment a home goes live. In a market where the best homes are gone in days, that head start can make all the difference.

Metro Area*

Median Days to
Pending (March
2026)

Median Age of All
Active Listings
(March 2026)

Share of Homes
Sold Within 7 Days
(February 2026)

Share of Homes
Sold Within 7 Days
That Sold Above
List (February
2026)

Share of All Homes
Sold Above List
(February 2026)

United States

19

56

18.5 %

44.3 %

17.1 %

New York, NY

25

49

5.6 %

53.4 %

33.9 %

Los Angeles, CA

18

40

14.4 %

56.1 %

32.3 %

Chicago, IL

8

26

25.0 %

58.5 %

24.7 %

Dallas, TX

25

52

13.6 %

36.5 %

9.6 %

Houston, TX

34

73

11.9 %

28.1 %

7.5 %

Washington, DC

7

24

33.5 %

62.1 %

28.1 %

Philadelphia, PA

9

27

28.2 %

60.7 %

29.2 %

Miami, FL

53

104

8.9 %

19.4 %

4.9 %

Atlanta, GA

33

59

8.6 %

36.1 %

12.7 %

Boston, MA

8

18

28.7 %

69.6 %

32.6 %

Phoenix, AZ

28

52

21.1 %

24.4 %

8.9 %

San Francisco, CA

13

20

17.6 %

79.6 %

55.0 %

Riverside, CA

26

55

12.4 %

48.9 %

23.8 %

Detroit, MI

12

40

22.8 %

61.7 %

23.9 %

Seattle, WA

9

26

34.7 %

58.1 %

25.4 %

Minneapolis, MN

18

27

11.5 %

68.0 %

22.9 %

San Diego, CA

15

33

19.2 %

59.0 %

31.5 %

Tampa, FL

36

69

16.3 %

29.9 %

8.2 %

Denver, CO

13

35

25.2 %

51.0 %

17.8 %

Baltimore, MD

8

27

30.4 %

62.8 %

29.7 %

St. Louis, MO

6

25

36.4 %

57.2 %

27.5 %

Orlando, FL

34

73

14.8 %

31.2 %

8.4 %

Charlotte, NC

18

48

8.0 %

43.5 %

12.6 %

San Antonio, TX

42

82

7.5 %

23.2 %

7.0 %

Portland, OR

12

40

27.4 %

59.3 %

23.2 %

Sacramento, CA

11

26

24.6 %

62.5 %

29.5 %

Pittsburgh, PA

11

48

22.3 %

47.1 %

16.3 %

Cincinnati, OH

6

27

33.1 %

37.9 %

17.4 %

Austin, TX

40

54

2.7 %

40.0 %

8.9 %

Las Vegas, NV

30

64

13.6 %

29.4 %

10.0 %

Kansas City, MO

5

24

33.3 %

55.1 %

23.1 %

Columbus, OH

6

26

30.3 %

47.7 %

19.8 %

Indianapolis, IN

13

35

22.3 %

32.7 %

11.4 %

Cleveland, OH

7

25

31.2 %

52.9 %

24.0 %

San Jose, CA

11

17

22.4 %

83.9 %

60.9 %

Nashville, TN

23

51

17.2 %

20.7 %

6.6 %

Virginia Beach, VA

23

33

9.4 %

48.9 %

25.4 %

Providence, RI

11

26

24.6 %

75.8 %

35.6 %

Jacksonville, FL

46

65

8.0 %

22.7 %

7.3 %

Milwaukee, WI

13

32

11.0 %

79.7 %

39.0 %

Oklahoma City, OK

25

58

21.2 %

31.5 %

12.3 %

Raleigh, NC

15

36

19.5 %

45.9 %

12.3 %

Memphis, TN

24

60

17.4 %

25.4 %

10.7 %

Richmond, VA

6

16

33.9 %

58.5 %

28.2 %

Louisville, KY

12

39

25.1 %

35.6 %

13.6 %

New Orleans, LA

38

91

12.8 %

26.0 %

5.4 %

Salt Lake City, UT

15

35

20.2 %

50.3 %

17.8 %

Hartford, CT

6

11

35.1 %

86.1 %

48.9 %

Buffalo, NY

10

16

14.6 %

78.6 %

41.8 %

Birmingham, AL

15

54

22.3 %

50.6 %

17.5 %

*Table ordered by market size

About Zillow Group
Zillow Group, Inc. (Nasdaq: Z and ZG) is reimagining real estate to make home a reality for more and more people.

As the most visited real estate app and website in the United States, Zillow connects hundreds of millions of consumers with innovative technology, trusted agents and loan officers, and seamless digital solutions. With industry-leading tools and resources, Zillow supercharges real estate professionals so they can grow their businesses and deliver exceptional client experiences. For renters and housing providers, Zillow offers not only a robust marketplace but a set of end-to-end products and services to streamline applications, leases, payments and more.

Zillow's ecosystem spans the entire home journey — from dreaming and shopping to renting, buying, selling and financing.

Zillow Group's affiliates, subsidiaries and brands include Zillow®, Zillow Premier Agent®, Zillow Home Loans®, Zillow Rentals®, Zillow® New Construction, Trulia®, StreetEasy®, Out East®, HotPads®, Follow Up Boss®, ShowingTime®, dotloop® and Zillow® Closing.

All marks herein are owned by MFTB Holdco, Inc., a Zillow affiliate. Zillow Home Loans, LLC is an Equal Housing Lender, NMLS #10287 (www.nmlsconsumeraccess.org). © 2026 MFTB Holdco, Inc., a Zillow affiliate.

(ZFIN)

 

Cision View original content to download multimedia:https://www.prnewswire.com/news-releases/gone-in-7-days-one-third-of-homes-sell-within-a-week-in-the-fastest-markets-while-others-sit-302751216.html

SOURCE Zillow

FAQ

What share of U.S. homes went pending within seven days in February 2026 for Z (Zillow)?

18.5% of U.S. homes went pending within seven days in February 2026. According to Zillow, that cohort was far likelier to sell above list price, with 44.3% of fast-selling homes selling above asking.

How much more likely were homes sold within seven days to go above asking price for Z (Zillow)?

Homes that sold within seven days were 2.6 times more likely to sell above list price. According to Zillow, 44.3% of fast-selling homes sold above list versus 17.1% of all homes.

What was the difference between pending time and active listing age in March 2026 for Z (Zillow)?

The typical sold home went pending in 19 days while median active listings were 56 days old. According to Zillow, that is a 37-day gap, the widest March difference since 2020.

Which U.S. metros had the highest share of homes selling within seven days in early 2026 according to Z (Zillow)?

St. Louis, Hartford, and Seattle topped the list, each with over one-third of homes selling within seven days. According to Zillow, St. Louis posted 36.4%, Hartford 35.1%, and Seattle 34.7% (Feb 2026).

How do Sun Belt markets like Austin compare on quick sales for Z (Zillow)?

Several Sun Belt markets showed far fewer quick sales; Austin recorded only 2.7% of homes selling within seven days. According to Zillow, higher inventory in those markets gives buyers more time and choice.