Monthly Market Update

A monthly update of housing market supply, demand, and prices.

Home Prices Soared 14% in September, a Record-Setting Month for Price, Sales and Speed

Home prices skyrocketed more than 14% year over year in September, the biggest increase on record. The real estate market also experienced historically high sales growth and the fastest pace Redfin has ever recorded. The national median home price rose 14.4% year over year to $333,900 in September, the biggest annual increase of any month

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U.S. Home Prices Up a Record 15%

National median home price hit a new record of $320,625. Key housing market takeaways for 434 U.S. metro areas during the 4-week period ending October 4: The median home sale price increased 15% year over year to $320,625—the highest on record in Redfin’s data, which goes back through 2012. Although it uses a different methodology

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