- Monthly housing market data is now available sooner
- New metrics—including home purchase cancellations, price drops, financing trends, and luxury and starter home data—are now available for direct download
- Seasonally adjusted data is now the default, helping remove noise and reveal underlying trends
We’ve launched a new and improved Redfin Data Center to give you faster and more direct access to the metrics our economists use every day to track the health of the U.S. housing market.
You can now directly view and download metrics that weren’t previously available on our Data Center, such as price drops and home-purchase cancellations at both national and local levels. We also refined the methodology behind our monthly and weekly housing market data, and our monthly data will now be published roughly a week earlier than before.
What’s New
- Seasonally adjusted (SA) data is now the default across press releases, the Data Center and public-facing reports. Seasonal adjustment removes predictable holiday and calendar noise, making underlying trends easier to interpret. All monthly metrics are seasonally adjusted except median sale prices. For weekly data, new listings, pending sales, active listings, median new list prices and mortgage payments are seasonally adjusted.
- Faster releases without sacrificing accuracy. Monthly data is now published as soon as the month closes, made possible by small adjustments for typical late-arriving data. Weekly data follows the same approach across every metric.
- New metrics. You can now download data on price drops, home purchase cancellations, luxury and starter home markets, the share of homes sold above, below and at original list price, and delistings and relistings.
An Update to Redfin’s Housing Market Data
We’ve unified the data behind our Monthly and Weekly Market Trackers into a single pipeline with one definition per metric. The overall market story remains the same, but some headline numbers will look different. Here’s what to know.
Headline Number Shifts
The following table summarizes how the unified pipeline impacts reporting metrics:
| Tracking Frequency | Change in Counts | Reason for Adjustment |
|---|---|---|
| Monthly | National counts will be lower | Shift from a scaled estimate of the size of the U.S. market to a direct aggregation of data from 3,000+ counties (900+ metros). |
| Weekly | Counts will be higher | Transition from reporting 4-week averages to 4-week totals. |
These changes are reflected in national counts, such as the number of new listings, active listings and pending sales. Our monthly estimates of the national number of active buyers and sellers are both lowered by the same proportion, with no impact on the ratios or trends over time of these estimates.
Where to Learn More
Full definitions, formulas, geographic coverage, and seasonal adjustment notes are available on our Data Center methodology page.
