“In the past, buyers had to wait for their agent to tell them which homes were for sale. Now, when I meet a client for the first time, they already have a home in mind and I can jump in to guide them on what it will take to win it.” Alec Traub, Redfin Agent, Los AngelesRead More
Downloadable Housing Market Data From Redfin
Redfin is a real estate brokerage, which means we have direct access to data from local multiple listing services, as well as insight from our real estate agents across the country. That’s why we’re able to give you the earliest and most reliable data on the state of the housing market. We publish existing industry data faster, and offer additional data on tours and offers that no one else has (learn more here). Using the tools below, you can visualize and download housing market data for metropolitan areas, cities, neighborhoods and zip codes across the nation. Here’s what’s available:
- Median sale price
- Average sale-to-list difference
- Median price per square foot
- % of homes that sold above list price
- % of homes that had a price drop
- Inventory (number of homes on the market)
- New listings
- Months of supply
- Number of homes sold
- Median days on market
Home Prices, Sales & Inventory
How it Works: Select the tab for the type of data that you’re looking for. Under each tab, you can filter results by metropolitan area, property type, month-over-month change, year-over-year change, and the time period. Each visualization will change with your selections. After making your selections, click on the visualization and then hit the download button on the bottom right corner to get the data shown. Alternatively, you can select the “Download” tab and download all of the data that we have available. Check out this video for more information on how to use the Redfin Data Center. Contact firstname.lastname@example.org if you have questions.
Housing Market Demand
How it Works: The Redfin Housing Demand Index is based on the number of customers requesting tours and making purchase offers in 15 major metro areas. The Tours and Offers Indices are based on customer demand in these same 15 Redfin markets. All indexes are deseasonalized, scaled to have an average value of 100 for the period 2013-2015, and are adjusted for Redfin market share. The metro-level Demand Index values are relative to each metro and thus not directly comparable with each other in value. To download the data, select the metro(s) desired, click on the visualization, and then hit the "Download" button on the bottom right corner. More information on how to use the Redfin Data Center is available in this video.
Visualization of the Week
Today’s new construction homes become tomorrow’s housing market. Without affordable new construction, we find ourselves in a housing market marked by low inventory, high prices and bidding wars—and one where first-time homebuyers are often priced out. The average price of a new construction home that sold in the three months through September was $374,000. Compared with existing homes, new construction homes sold at an average premium in September of $87,000.
In conjunction with its inaugural quarterly report on new residential construction, Redfin is making available on its Data Center a downloadable set of monthly data on new construction prices, sales, inventory and other new residential market statistics. Redfin is also releasing building permit data—provided by the Census—allowing users to analyze average construction costs and compare the number of units built per capita across regions. Both datasets are available for download at the National, Metro, and County Levels since 2012.
Insights from Our Agents & Experts
“I encourage sellers who are also buyers to think about selling first. They should consider temporary rental options, or moving in with relatives after they sell. Then they will be able to take the time they need to find their dream house, know exactly what they’ll have to work with financially, and won’t end up adding unnecessary contingencies to offers, which will give them a better chance to get the home.” Eileen Lorway, Redfin Agent, BostonRead More
“Homes in higher price points are also seeing strong competition, and even some $1 million and $2 million dollar homes in Boulder are seeing multiple offers. Competition at that price point used to be rare here, which shows just how hot the market is." Corey Keach, Redfin Agent, DenverRead More
"Anything priced well is finding a buyer almost instantly. I recently relisted several properties that I initially listed in the fall. In the new year, there was far more interest and they all got multiple offers.” Jenn Kim, Redfin Agent, ChicagoRead More
Meet the Experts
Glenn is the CEO of Redfin. Prior to joining Redfin, he was a co-founder of Plumtree Software, a Sequoia-backed, publicly traded company that created the enterprise portal software market. Glenn was raised in Seattle and graduated from the University of California, Berkeley. Redfin is a full-service real estate brokerage that uses modern technology to make clients smarter and faster. For more information about working with a Redfin real estate agent to buy or sell a home, visit our Why Redfin page.
Nela leads Redfin’s housing market research team on data reports that help Redfin customers make informed choices. She comes to Redfin from Bloomberg LP, where she served as a senior economist with Bloomberg Government. She also served in past roles in the mortgage industry, capital markets and financial policy. Redfin is a full-service real estate brokerage that uses modern technology to make clients smarter and faster. For more information about working with a Redfin real estate agent to buy or sell a home, visit our Why Redfin page.
Taylor is a senior economist, data scientist, and visualization whiz on the research team at Redfin. He is passionate about cities and housing. Taylor went to graduate school for economics in Berlin, where he focused on behavioral economics and the housing market crash. Redfin is a real estate brokerage with agents across the United States. For more information about working with a Redfin agent to buy or sell a home, visit Redfin.com/why-redfin.
About Our Regular Reports
Redfin Housing Demand Index
A measure of homebuyer demand in 15 major metropolitan areas, based on visits to Redfin.com, the number of tours that Redfin clients have requested and the number of offers they’ve made. The Redfin Demand Index is adjusted for Redfin’s market share growth and is published monthly.Read More
Redfin Real-Time Housing Market Tracker
A monthly analysis of home prices, competition, sales volumes and inventory levels across all the markets that Redfin serves nationwide. In addition to the national report, Redfin publishes Market Trackers for Los Angeles, San Francisco, Washington D.C. and Chicago.Read More
Redfin Real-Time Housing Market Sentiment
Redfin regularly conducts surveys of current homebuyers, sellers and Redfin agents to get their take on the current housing market and the forces impacting their decisions.Read More
Redfin Hottest Neighborhoods
This report is published at the beginning of each year and predicts which neighborhoods will be the most popular among homebuyers. It includes the top 10 neighborhoods in the U.S. as well as the top neighborhoods in each of our markets.Read More
Walk Score Data
Walk Score, a Redfin company, measures how easy it is to get to various points of interest by car, bus, bike, and foot. Walk Score data is used by analysts and researchers in the fields of real estate, urban planning, government, public health and finance. Walk Score data is available in a variety of formats including shapefiles, spreadsheets, and via our APIs. We can provide Walk Score data for individual addresses or larger geographic areas like postal codes. Walk Score data is available in the United States, Canada, Australia, and New Zealand. For more information on how to request and use Walk Score data, please visit WalkScore.com
Opportunity Score measures the number and variety of jobs you can reach in 30 minutes without a car. It was developed for the White House Opportunity Project to help Americans find housing with easy access to jobs. Opportunity Score is powered by Walk Score, Redfin, jobs data from the U.S. Department of Commerce, and population data from the U.S. Census. The score is available in more than 350 U.S. cities. A full list of Opportunity Score cities and more detailed methodology is available here. To find your city’s Opportunity Score, visit: https://labs.redfin.com/opportunity-score