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

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

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Updated on October 6th, 2020

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.
The key metrics across 19 major metropolitan markets are:

  • Home prices in September increased 5.4% year over year, and were down 0.8% month over month.
  • The number of homes for sale declined 29.3% from September 2011 to September 2012, and by 4.3% since August.
  • Home sales increased 4% from last year, and fell 17% since August—a typical seasonal decline.
  • The percentage of listings that sold within 14 days of their debut held steady in September at 27%.

For the full report including data tables, charts, and a downloadable spreadsheet with historic data, visit the Real-Time Price Tracker in Redfin’s Research Center.

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Tim Ellis

Tim Ellis has been analyzing the real estate market since 2005, and worked at Redfin as a housing market analyst from 2010 through 2013 and again starting in 2018. In his free time, he runs the independently-operated Seattle-area real estate website Seattle Bubble, and produces the "Dispatches from the Multiverse" improvised comedy sci-fi podcast.

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