Home Offers and Tours Surge in the New Year

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While December may have ended with mixed signals, January got 2013 off to a strong start from a demand perspective, with both tours and offers growing at a more rapid pace than a year earlier. The number of customers writing offers rose an astounding 70% between December and January, blowing last year’s 59% increase out of the water. Although there may not be a lot of new listings to choose from, it seems that buyers are not hesitating to jump into the market this year.

For the full report including data tables, charts, and a downloadable spreadsheet with historic data, visit the Real-Time Demand Pulse in Redfin’s Research Center.

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tim-ellisredfin-com

Senior Data Journalist / Real Estate Analyst

Tim Ellis has been analyzing the real estate market since 2005, and worked at Redfin as a housing market analyst from 2010 through 2013 and again starting in 2018. In his free time, he runs the independently-operated Seattle-area real estate website Seattle Bubble, and produces the "Dispatches from the Multiverse" improvised comedy sci-fi podcast.

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