---
title: "Homebuyers Score Biggest Autumn Discounts Since 2019 as Market Competition Drops"
description: "U.S. homebuyers are experiencing the largest autumn discounts since 2019, with only 25.3% of homes sold above their final list price in September, the lowest in six years. The average sale-to-list-pri"
type: "news"
locale: "en"
url: "https://longbridge.com/en/news/261878573.md"
published_at: "2025-10-20T12:01:51.000Z"
---

# Homebuyers Score Biggest Autumn Discounts Since 2019 as Market Competition Drops

> U.S. homebuyers are experiencing the largest autumn discounts since 2019, with only 25.3% of homes sold above their final list price in September, the lowest in six years. The average sale-to-list-price ratio fell to 98.6%, indicating homes sold for 1.4% less than their asking price. Although inventory rose earlier, recent months saw a slight decrease in listings, leading to modest price increases. The median sale price in September 2025 was $435,545, up 1.7% year-over-year. Existing-home sales reached their highest annual rate this year, aided by a drop in mortgage rates to 6.35%.

Rocket Companies Inc., through Redfin, reports that U.S. homebuyers are securing the largest autumn discounts since 2019. In September, only 25.3% of homes sold above their final list price-the lowest September level in six years. The average sale-to-list-price ratio dropped to 98.6%, indicating homes typically sold for 1.4% less than their final list price. Additionally, the share of properties going under contract within two weeks declined to 32.8%. While inventory rose earlier in the year, providing more options for buyers, recent months have seen a slight decrease in listings, prompting a modest uptick in sale prices. However, many sellers are accepting offers below their asking price as buyers maintain negotiating power. The median sale price in September 2025 was $435,545, up 1.7% year-over-year but down 0.9% month-over-month. Existing-home sales reached their highest annual rate this year, driven in part by a decline in the average 30-year fixed mortgage rate to 6.35%. Regionally, the Midwest saw the largest price increases, while several Texas markets experienced declines. Pending and closed sales trends varied across major metros, reflecting localized shifts in demand and inventory. 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: 20251020904376) on October 20, 2025, and is solely responsible for the information contained therein. © Copyright 2025 - Public Technologies (PUBT)

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> **Disclaimer**: This article is for reference only and does not constitute any investment advice.