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San Antonio Sees 21% Home Sale Cancellations in 2025

12/5/2025

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Summary

Story summary

In October 2025, San Antonio, Texas, recorded top U.S. rate of canceled home sales, with 21% of pending sales falling through, per Redfin.
Cancellations rose from 14.3% to 15.1% year over year.
Sun Belt states, especially Texas and Florida, have a surplus from a pandemic construction boom, fueling affordability pressures.
Redfin expects gradual affordability improvements next year, which could draw more buyers, though many, especially younger people, will still struggle.

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Story summary

In October 2025, San Antonio, Texas, recorded top U.S. rate of canceled home sales, with 21% of pending sales falling through, per Redfin.
Cancellations rose from 14.3% to 15.1% year over year.
Sun Belt states, especially Texas and Florida, have a surplus from a pandemic construction boom, fueling affordability pressures.
Redfin expects gradual affordability improvements next year, which could draw more buyers, though many, especially younger people, will still struggle.