Monthly Market Update Archives

Home Prices Show Expected Monthly Decline in September; Up 16 Percent Year Over Year

October 10, 2013

Sales Volume also Experienced a Sharp but Anticipated Seasonal Decline from August; Up 8 Percent Since September 2012 The housing market frenzy of 2013 has officially come to a close. In line with normal seasonal trends, home sales, prices, and inventory all dropped from August. Prices had their third consecutive month-over-month drop, falling 2.2 percent

Home Prices Show Expected Monthly Decline in September; Up 16 Percent Year Over Year Read More »

Summer Prices Cool as We Head Into Fall

September 17, 2013

Each month, Redfin takes a look at home price trends throughout 19 key US markets. This month shows the rapid rise in home prices and sales volume during much of 2013 has now shifted course. Low mortgage rates and strong pent-up demand had buyers flooding into the market, but now both buyers and sellers are

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Inventory Drops While Sales and Prices Rise

August 27, 2013

Home prices continued their rise in July and sales volume jumped back up from the unexpected June dip. Price per square foot is up 19 percent year over year, but is up only 1.1 percent month-over-month which is the smallest rise in the past five months and is a sign of a cooling off for

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Home Prices Shot Up in May As Sales Hit 4-Year High

June 17, 2013

May’s housing market has good news for everyone. Good news for buyers: For-sale home inventory increased in May for the second straight month. Good news for sellers: prices shot up and home sales hit a four-year high. There are some early signs that the market may be cooling slightly, but for now things are still

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Sales Slip, Listings Plummet, but Home Prices Keep Rising as 2012 Concludes; Inventory Growth Key to 2013 Performance

January 11, 2013

Home prices, sales, and listings all fell between November and December as the housing market weathered the usually-slow holiday season with a smaller dip in prices than the same time a year ago. Listings continued to drop, falling to a level 33 percent below December 2011 and 44 percent below December 2010.

Sales Slip, Listings Plummet, but Home Prices Keep Rising as 2012 Concludes; Inventory Growth Key to 2013 Performance Read More »

Redfin Real-Time Home Price Tracker: Home Prices Dip Slightly in September, Still 5% Above 2011

October 11, 2012

National home prices turned in another 5 percent gain from a year ago in September, even as they began their typical seasonal decline, inching down just under 1 percent from August.

Redfin Real-Time Home Price Tracker: Home Prices Dip Slightly in September, Still 5% Above 2011 Read More »

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Monthly Market Update