A monthly update of housing market supply, demand, and prices.
New listings declined 5.6 percent in March, a sign of waning seller enthusiasm and ongoing tight market conditions.
March Home Prices Up 8.9%, the Biggest Increase in Four Years Read More »
“A growing economy, healthy buyer demand and low inventory drove the ramp up in prices last month,” said Redfin chief economist, Nela Richardson
Home Sales Fell in January after Tax Reform Uncertainty Caused Some Buyer Hesitation at Year End
2017 home sales increased 1.7 percent over 2016, while prices gained 7.0 percent. The median 2017 sale price was $284,500.
2017 Closed with Strong Home Price Growth, Up 7 Percent in December Read More »
Home price growth was strong in October, up 7.1 percent compared to a year ago to a national median sale price of $288,000 across the markets Redfin serves. Sales were essentially unchanged from October of last year, down 0.1 percent. Home sales have declined year over year for the past four months. “Despite strong buyer
What Happens to the Real Estate Market When Supply Falls for 25 Straight Months? Read More »
Home sales fell 8.1 percent compared to last year, the largest decline posted since July 2016, and the third month in a row with declining sales.
Home Sales Fell 8.1 Percent in September, Third Month in a Row of Declining Sales Read More »
