A monthly update of housing market supply, demand, and prices.
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 »
Home sales in August fell 5.5 percent compared to last year, the largest decline posted since July 2016.
Home Prices Surged 7.7 Percent in August as Inventory Fell 12.4 Percent Read More »
Home prices increased 6.8 percent from last year
The median home sale price increased 7.3 percent from a year ago to $298,000 in June. This is the highest national median sale price recorded since we began keeping track in 2010. Despite record-high buyer demand during the busy spring market, sales only increased 1.9 percent compared to last year, constrained by a low supply