Housing Market News
Bidding Wars
All-Cash Offers Triple Homebuyer Odds of Winning a Bidding War
Which strategies will increase your odds of winning a bidding war? We analyzed 9,000 offers written by Redfin agents and found the answer.
National Bidding War Rate Hit a 10-Year Low in October
Nationally, just 10 percent of offers written by Redfin agents on behalf of their homebuying customers faced a bidding war in October
Bidding Wars Edge Up Slightly in September, Bucking the Typical Seasonal Trend
Nationally, just 11 percent of Redfin offers faced a bidding war in September, down from 41 percent a year earlier, but up slightly from the eight-year low of 10 percent set in August.
10% of Redfin Offers Faced Bidding Wars in August, a New 8-Year Low
The bidding war rate is the lowest it’s been in at least eight years. But some markets, like San Francisco, are still fairly competitive.
11% of Redfin Offers Faced Competition in July, the Lowest Rate Since at Least 2011
Just 11.2% of Redfin offers faced bidding wars in July, the lowest rate since at least 2011.
Just 1 in 8 Home-Purchase Offers Submitted by Redfin Agents in June Faced Competition, Down from 1 in 2 a Year Earlier
The housing market in San Francisco tapped the brakes in June as just 28 percent of offers written by Redfin agents on behalf of their home-buying customers faced a bidding war.
Redfin Bidding War Report Shows Early Signs of a Cooling Real Estate Market in Some Cities While Competition Intensifies in Others
Welcome to Redfin’s latest in real estate analysis—the Bidding War Report. The data for this report are based on Redfin’s Offer Insights, statistics compiled from
In the Trenches: Behind the Scenes of America's Bidding Wars
We’ve been talking a big game about bidding wars this season, telling you that they’re rampant in places like the Bay Area, Seattle and DC,
