{"id":72195,"date":"2021-03-05T05:00:50","date_gmt":"2021-03-05T13:00:50","guid":{"rendered":"https:\/\/www.redfin.com\/news\/?p=72195"},"modified":"2022-10-26T13:02:49","modified_gmt":"2022-10-26T20:02:49","slug":"housing-market-rising-rates-winter-storms","status":"publish","type":"post","link":"https:\/\/www.redfin.com\/news\/housing-market-rising-rates-winter-storms\/","title":{"rendered":"Housing Market Update: Homes Sell Closer Than Ever to List Price as Average Sale-to-List Ratio Approaches 100%"},"content":{"rendered":"<h2 style=\"font-style:italic;\">Median asking and selling prices both climbed by double digits to new all-time highs.<\/h2>\n<h3>Key housing market takeaways for 400+ U.S. metro areas during the 4-week period ending February 28:<\/h3>\n<ul>\n<li>The median home-sale price increased 16% year over year to $323,600, an all-time high. This is the largest increase on record in this data set, which goes back through 2016.<\/li>\n<li>Asking prices of newly listed homes hit a new all-time high of $347,475, up 10% from the same time a year ago.<\/li>\n<li>Pending home sales were up 18% year over year.<\/li>\n<li>New listings of homes for sale were down 17% from a year earlier.<\/li>\n<li>Active listings (the number of homes listed for sale at any point during the period) fell 40% from 2020 to a new all-time low.<\/li>\n<li>55% of homes that went under contract had an accepted offer within the first two weeks on the market, well above the 44% rate during the same period a year ago. This is another new all-time high for this measure since at least 2012 (as far back as Redfin\u2019s data for this measure goes). During the week ending February 28, 57% of homes sold in two weeks or less.<\/li>\n<li>43% of homes that went under contract had an accepted offer within one week of hitting the market, up from 30% during the same period a year earlier. This is also an all-time high for this measure. During the week ending February 28, 44% sold in one week or less.<\/li>\n<li>The average sale-to-list price ratio, which measures how close homes are selling to their asking prices, increased to 99.6%\u20141.6 percentage points higher than a year earlier and an all-time high. During the 7-day period ending February 28, the ratio shot up to 99.9%, also an all-time high.<\/li>\n<li>For the 7-day period ending February 28, the seasonally adjusted Redfin Homebuyer Demand Index\u2014a measure of requests for home tours and other services from Redfin agents\u2014was up 49% from the same period a year ago.<\/li>\n<li><a href=\"https:\/\/www.mba.org\/2021-press-releases\/march\/mortgage-applications-increase-in-latest-mba-weekly-survey\">Mortgage purchase applications increased 2% week over week<\/a> (seasonally adjusted) and were up 1% from a year earlier (unadjusted) during the week ending February 26. For the week ending March 4, <a href=\"http:\/\/www.freddiemac.com\/pmms\/\">30-year mortgage rates increased to 3.02%<\/a>, the highest level since July.<\/li>\n<\/ul>\n<p><img fetchpriority=\"high\" decoding=\"async\" src=\"https:\/\/www.redfin.com\/news\/wp-content\/uploads\/2021\/03\/2021-02-28_sale-to-list-1-week.png\" alt=\"Sale-to-List Price Ratio Rapidly Approaching 100%\" width=\"1200\" height=\"900\" class=\"alignnone size-full wp-image-72200\" srcset=\"https:\/\/www.redfin.com\/news\/wp-content\/uploads\/2021\/03\/2021-02-28_sale-to-list-1-week.png 1200w, https:\/\/www.redfin.com\/news\/wp-content\/uploads\/2021\/03\/2021-02-28_sale-to-list-1-week-300x225.png 300w, https:\/\/www.redfin.com\/news\/wp-content\/uploads\/2021\/03\/2021-02-28_sale-to-list-1-week-1024x768.png 1024w, https:\/\/www.redfin.com\/news\/wp-content\/uploads\/2021\/03\/2021-02-28_sale-to-list-1-week-768x576.png 768w\" sizes=\"(max-width: 1200px) 100vw, 1200px\" \/><\/p>\n<p>\u201cOver the last few weeks winter storms have disrupted the housing market, and mortgage rates have risen sharply,&#8221; said Redfin Chief Economist <a href=\"https:\/\/www.redfin.com\/news\/author\/darylfairweather\/\">Daryl Fairweather<\/a>. &#8220;Although pending sales and new listings have taken a small hit in the last couple of weeks, home price gains are showing no signs of slowing down. However, It&#8217;s too early to tell what the impact of these changes will be to the spring housing market. The effects of the storms should be temporary, but higher mortgage rates could make some buyers less willing to bid up home prices.&#8221;<\/p>\n<p><img decoding=\"async\" src=\"https:\/\/www.redfin.com\/news\/wp-content\/uploads\/2021\/03\/2021-02-28_median-sale-price.png\" alt=\"Home Sale Prices Up 16% From 2020\" width=\"1200\" height=\"900\" class=\"alignnone size-full wp-image-72203\" srcset=\"https:\/\/www.redfin.com\/news\/wp-content\/uploads\/2021\/03\/2021-02-28_median-sale-price.png 1200w, https:\/\/www.redfin.com\/news\/wp-content\/uploads\/2021\/03\/2021-02-28_median-sale-price-300x225.png 300w, https:\/\/www.redfin.com\/news\/wp-content\/uploads\/2021\/03\/2021-02-28_median-sale-price-1024x768.png 1024w, https:\/\/www.redfin.com\/news\/wp-content\/uploads\/2021\/03\/2021-02-28_median-sale-price-768x576.png 768w\" sizes=\"(max-width: 1200px) 100vw, 1200px\" \/><\/p>\n<p><img decoding=\"async\" src=\"https:\/\/www.redfin.com\/news\/wp-content\/uploads\/2021\/03\/2021-02-28_median-asking-price.png\" alt=\"Asking Prices on New Listings Hit a New High\" width=\"1200\" height=\"900\" class=\"alignnone size-full wp-image-72202\" srcset=\"https:\/\/www.redfin.com\/news\/wp-content\/uploads\/2021\/03\/2021-02-28_median-asking-price.png 1200w, https:\/\/www.redfin.com\/news\/wp-content\/uploads\/2021\/03\/2021-02-28_median-asking-price-300x225.png 300w, https:\/\/www.redfin.com\/news\/wp-content\/uploads\/2021\/03\/2021-02-28_median-asking-price-1024x768.png 1024w, https:\/\/www.redfin.com\/news\/wp-content\/uploads\/2021\/03\/2021-02-28_median-asking-price-768x576.png 768w\" sizes=\"(max-width: 1200px) 100vw, 1200px\" \/><\/p>\n<p><img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/www.redfin.com\/news\/wp-content\/uploads\/2021\/03\/2021-02-28_pending-sales.png\" alt=\"Pending Sales Up 18% From a Year Earlier\" width=\"1200\" height=\"900\" class=\"alignnone size-full wp-image-72197\" srcset=\"https:\/\/www.redfin.com\/news\/wp-content\/uploads\/2021\/03\/2021-02-28_pending-sales.png 1200w, https:\/\/www.redfin.com\/news\/wp-content\/uploads\/2021\/03\/2021-02-28_pending-sales-300x225.png 300w, https:\/\/www.redfin.com\/news\/wp-content\/uploads\/2021\/03\/2021-02-28_pending-sales-1024x768.png 1024w, https:\/\/www.redfin.com\/news\/wp-content\/uploads\/2021\/03\/2021-02-28_pending-sales-768x576.png 768w\" sizes=\"(max-width: 1200px) 100vw, 1200px\" \/><\/p>\n<p><img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/www.redfin.com\/news\/wp-content\/uploads\/2021\/03\/2021-02-28_new-listings.png\" alt=\"New Listings of Homes Down 17% From Last Year\" width=\"1200\" height=\"900\" class=\"alignnone size-full wp-image-72204\" srcset=\"https:\/\/www.redfin.com\/news\/wp-content\/uploads\/2021\/03\/2021-02-28_new-listings.png 1200w, https:\/\/www.redfin.com\/news\/wp-content\/uploads\/2021\/03\/2021-02-28_new-listings-300x225.png 300w, https:\/\/www.redfin.com\/news\/wp-content\/uploads\/2021\/03\/2021-02-28_new-listings-1024x768.png 1024w, https:\/\/www.redfin.com\/news\/wp-content\/uploads\/2021\/03\/2021-02-28_new-listings-768x576.png 768w\" sizes=\"(max-width: 1200px) 100vw, 1200px\" \/><\/p>\n<p><img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/www.redfin.com\/news\/wp-content\/uploads\/2021\/03\/2021-02-28_active-listings.png\" alt=\"Active Listings of Homes For Sale Down 40% From 2020\" width=\"1200\" height=\"900\" class=\"alignnone size-full wp-image-72201\" srcset=\"https:\/\/www.redfin.com\/news\/wp-content\/uploads\/2021\/03\/2021-02-28_active-listings.png 1200w, https:\/\/www.redfin.com\/news\/wp-content\/uploads\/2021\/03\/2021-02-28_active-listings-300x225.png 300w, https:\/\/www.redfin.com\/news\/wp-content\/uploads\/2021\/03\/2021-02-28_active-listings-1024x768.png 1024w, https:\/\/www.redfin.com\/news\/wp-content\/uploads\/2021\/03\/2021-02-28_active-listings-768x576.png 768w\" sizes=\"(max-width: 1200px) 100vw, 1200px\" \/><\/p>\n<p><img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/www.redfin.com\/news\/wp-content\/uploads\/2021\/03\/2021-02-28_off-market-in-2-weeks.png\" alt=\"55% of Pending Sales Under Contract Within Two Weeks\" width=\"1200\" height=\"900\" class=\"alignnone size-full wp-image-72196\" srcset=\"https:\/\/www.redfin.com\/news\/wp-content\/uploads\/2021\/03\/2021-02-28_off-market-in-2-weeks.png 1200w, https:\/\/www.redfin.com\/news\/wp-content\/uploads\/2021\/03\/2021-02-28_off-market-in-2-weeks-300x225.png 300w, https:\/\/www.redfin.com\/news\/wp-content\/uploads\/2021\/03\/2021-02-28_off-market-in-2-weeks-1024x768.png 1024w, https:\/\/www.redfin.com\/news\/wp-content\/uploads\/2021\/03\/2021-02-28_off-market-in-2-weeks-768x576.png 768w\" sizes=\"(max-width: 1200px) 100vw, 1200px\" \/><\/p>\n<p><img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/www.redfin.com\/news\/wp-content\/uploads\/2021\/03\/2021-02-28_off-market-in-1-week.png\" alt=\"43% of Pending Sales Under Contract Within One Week\" width=\"1200\" height=\"900\" class=\"alignnone size-full wp-image-72205\" srcset=\"https:\/\/www.redfin.com\/news\/wp-content\/uploads\/2021\/03\/2021-02-28_off-market-in-1-week.png 1200w, https:\/\/www.redfin.com\/news\/wp-content\/uploads\/2021\/03\/2021-02-28_off-market-in-1-week-300x225.png 300w, https:\/\/www.redfin.com\/news\/wp-content\/uploads\/2021\/03\/2021-02-28_off-market-in-1-week-1024x768.png 1024w, https:\/\/www.redfin.com\/news\/wp-content\/uploads\/2021\/03\/2021-02-28_off-market-in-1-week-768x576.png 768w\" sizes=\"(max-width: 1200px) 100vw, 1200px\" \/><\/p>\n<p><img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/www.redfin.com\/news\/wp-content\/uploads\/2021\/03\/2021-02-28_sale-to-list.png\" alt=\"Sale-to-List Price Ratio Up 1.6 Points From 2020\" width=\"1200\" height=\"900\" class=\"alignnone size-full wp-image-72199\" srcset=\"https:\/\/www.redfin.com\/news\/wp-content\/uploads\/2021\/03\/2021-02-28_sale-to-list.png 1200w, https:\/\/www.redfin.com\/news\/wp-content\/uploads\/2021\/03\/2021-02-28_sale-to-list-300x225.png 300w, https:\/\/www.redfin.com\/news\/wp-content\/uploads\/2021\/03\/2021-02-28_sale-to-list-1024x768.png 1024w, https:\/\/www.redfin.com\/news\/wp-content\/uploads\/2021\/03\/2021-02-28_sale-to-list-768x576.png 768w\" sizes=\"(max-width: 1200px) 100vw, 1200px\" \/><\/p>\n<p><img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/www.redfin.com\/news\/wp-content\/uploads\/2021\/03\/2021-02-28_Redfin-homebuyer-demand-index.png\" alt=\"Redfin Homebuyer Demand Index Up 49% From 2020\" width=\"1200\" height=\"900\" class=\"alignnone size-full wp-image-72198\" srcset=\"https:\/\/www.redfin.com\/news\/wp-content\/uploads\/2021\/03\/2021-02-28_Redfin-homebuyer-demand-index.png 1200w, https:\/\/www.redfin.com\/news\/wp-content\/uploads\/2021\/03\/2021-02-28_Redfin-homebuyer-demand-index-300x225.png 300w, https:\/\/www.redfin.com\/news\/wp-content\/uploads\/2021\/03\/2021-02-28_Redfin-homebuyer-demand-index-1024x768.png 1024w, https:\/\/www.redfin.com\/news\/wp-content\/uploads\/2021\/03\/2021-02-28_Redfin-homebuyer-demand-index-768x576.png 768w\" sizes=\"(max-width: 1200px) 100vw, 1200px\" \/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Home sales were up 18% from 2020 and home price gains hit a new record of 16% despite widespread winter storms and rising mortgage rates.<\/p>\n","protected":false},"author":13505,"featured_media":72200,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"site-sidebar-layout":"default","site-content-layout":"default","ast-site-content-layout":"default","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","ast-disable-related-posts":"","theme-transparent-header-meta":"default","adv-header-id-meta":"","stick-header-meta":"default","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"default","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"ast-content-background-meta":{"desktop":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"footnotes":""},"categories":[60,8,615],"tags":[9,32],"dashboard":[],"coauthors":[62],"class_list":["post-72195","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-coronavirus-housing-market-news","category-housing-market-news","category-weekly-market-update","tag-coronavirus","tag-housing-market-tracker"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v24.7 (Yoast SEO v27.7) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Housing Market Update: Homes Sell Closer Than Ever to List Price<\/title>\n<meta name=\"description\" content=\"Home sales were up 18% from 2020 and home price gains hit a new record of 16% despite widespread winter storms and rising mortgage rates.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.redfin.com\/news\/housing-market-rising-rates-winter-storms\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Housing Market Update: Homes Sell Closer Than Ever to List Price as Average Sale-to-List Ratio Approaches 100%\" \/>\n<meta property=\"og:description\" content=\"Home sales were up 18% from 2020 and home price gains hit a new record of 16% despite widespread winter storms and rising mortgage rates.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.redfin.com\/news\/housing-market-rising-rates-winter-storms\/\" \/>\n<meta property=\"og:site_name\" content=\"Redfin Real Estate News\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/redfin\" \/>\n<meta property=\"article:published_time\" content=\"2021-03-05T13:00:50+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2022-10-26T20:02:49+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.redfin.com\/news\/wp-content\/uploads\/2021\/03\/2021-02-28_sale-to-list-1-week.png\" \/>\n\t<meta property=\"og:image:width\" content=\"1200\" \/>\n\t<meta property=\"og:image:height\" content=\"900\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/png\" \/>\n<meta name=\"author\" content=\"Tim Ellis\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@redfin\" \/>\n<meta name=\"twitter:site\" content=\"@redfin\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Tim Ellis\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.redfin.com/news\\\/housing-market-rising-rates-winter-storms\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.redfin.com/news\\\/housing-market-rising-rates-winter-storms\\\/\"},\"author\":{\"name\":\"Tim Ellis\",\"@id\":\"https:\\\/\\\/www.redfin.com/news\\\/#\\\/schema\\\/person\\\/18d447d70adabf376e05ea45cfb78a2e\"},\"headline\":\"Housing Market Update: Homes Sell Closer Than Ever to List Price as Average Sale-to-List Ratio Approaches 100%\",\"datePublished\":\"2021-03-05T13:00:50+00:00\",\"dateModified\":\"2022-10-26T20:02:49+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.redfin.com/news\\\/housing-market-rising-rates-winter-storms\\\/\"},\"wordCount\":455,\"publisher\":{\"@id\":\"https:\\\/\\\/www.redfin.com/news\\\/#organization\"},\"image\":{\"@id\":\"https:\\\/\\\/www.redfin.com/news\\\/housing-market-rising-rates-winter-storms\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/www.redfin.com/news\\\/wp-content\\\/uploads\\\/2021\\\/03\\\/2021-02-28_sale-to-list-1-week.png\",\"keywords\":[\"Coronavirus\",\"Housing Market Tracker\"],\"articleSection\":[\"Coronavirus Housing Market News\",\"Housing Market News\",\"Weekly Market Update\"],\"inLanguage\":\"en-US\",\"copyrightYear\":\"2021\",\"copyrightHolder\":{\"@id\":\"https:\\\/\\\/www.redfin.com/news\\\/#organization\"}},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.redfin.com/news\\\/housing-market-rising-rates-winter-storms\\\/\",\"url\":\"https:\\\/\\\/www.redfin.com/news\\\/housing-market-rising-rates-winter-storms\\\/\",\"name\":\"Housing Market Update: Homes Sell Closer Than Ever to List Price\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.redfin.com/news\\\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\\\/\\\/www.redfin.com/news\\\/housing-market-rising-rates-winter-storms\\\/#primaryimage\"},\"image\":{\"@id\":\"https:\\\/\\\/www.redfin.com/news\\\/housing-market-rising-rates-winter-storms\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/www.redfin.com/news\\\/wp-content\\\/uploads\\\/2021\\\/03\\\/2021-02-28_sale-to-list-1-week.png\",\"datePublished\":\"2021-03-05T13:00:50+00:00\",\"dateModified\":\"2022-10-26T20:02:49+00:00\",\"description\":\"Home sales were up 18% from 2020 and home price gains hit a new record of 16% despite widespread winter storms and rising mortgage rates.\",\"breadcrumb\":{\"@id\":\"https:\\\/\\\/www.redfin.com/news\\\/housing-market-rising-rates-winter-storms\\\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\\\/\\\/www.redfin.com/news\\\/housing-market-rising-rates-winter-storms\\\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/www.redfin.com/news\\\/housing-market-rising-rates-winter-storms\\\/#primaryimage\",\"url\":\"https:\\\/\\\/www.redfin.com/news\\\/wp-content\\\/uploads\\\/2021\\\/03\\\/2021-02-28_sale-to-list-1-week.png\",\"contentUrl\":\"https:\\\/\\\/www.redfin.com/news\\\/wp-content\\\/uploads\\\/2021\\\/03\\\/2021-02-28_sale-to-list-1-week.png\",\"width\":1200,\"height\":900,\"caption\":\"Sale-to-List Price Ratio Rapidly Approaching 100%\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\\\/\\\/www.redfin.com/news\\\/housing-market-rising-rates-winter-storms\\\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\\\/\\\/www.redfin.com/news\\\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Housing Market Update: Homes Sell Closer Than Ever to List Price as Average Sale-to-List Ratio Approaches 100%\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\\\/\\\/www.redfin.com/news\\\/#website\",\"url\":\"https:\\\/\\\/www.redfin.com/news\\\/\",\"name\":\"Redfin Real Estate News\",\"description\":\"The latest real estate news and research from technology-powered residential real estate company, Redfin.\",\"publisher\":{\"@id\":\"https:\\\/\\\/www.redfin.com/news\\\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\\\/\\\/www.redfin.com/news\\\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\\\/\\\/www.redfin.com/news\\\/#organization\",\"name\":\"Redfin\",\"url\":\"https:\\\/\\\/www.redfin.com/news\\\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/www.redfin.com/news\\\/#\\\/schema\\\/logo\\\/image\\\/\",\"url\":\"https:\\\/\\\/www.redfin.com\\\/news\\\/wp-content\\\/uploads\\\/2020\\\/10\\\/Redfin-News-Logo.png\",\"contentUrl\":\"https:\\\/\\\/www.redfin.com\\\/news\\\/wp-content\\\/uploads\\\/2020\\\/10\\\/Redfin-News-Logo.png\",\"width\":1100,\"height\":235,\"caption\":\"Redfin\"},\"image\":{\"@id\":\"https:\\\/\\\/www.redfin.com/news\\\/#\\\/schema\\\/logo\\\/image\\\/\"},\"sameAs\":[\"https:\\\/\\\/www.facebook.com\\\/redfin\",\"https:\\\/\\\/x.com\\\/redfin\",\"https:\\\/\\\/www.instagram.com\\\/redfinrealestate\\\/\",\"https:\\\/\\\/www.linkedin.com\\\/company\\\/redfin\",\"https:\\\/\\\/www.pinterest.com\\\/redfin\\\/\",\"https:\\\/\\\/en.wikipedia.org\\\/wiki\\\/Redfin\"]},{\"@type\":\"Person\",\"@id\":\"https:\\\/\\\/www.redfin.com/news\\\/#\\\/schema\\\/person\\\/18d447d70adabf376e05ea45cfb78a2e\",\"name\":\"Tim Ellis\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/feb22c16d7caf03e08cfd06aef3c2f1593e324fc3767c12e1ba523a4ab5db00b?s=96&d=wp_user_avatar&r=g49809922b909433f6e289ea162e9f986\",\"url\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/feb22c16d7caf03e08cfd06aef3c2f1593e324fc3767c12e1ba523a4ab5db00b?s=96&d=wp_user_avatar&r=g\",\"contentUrl\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/feb22c16d7caf03e08cfd06aef3c2f1593e324fc3767c12e1ba523a4ab5db00b?s=96&d=wp_user_avatar&r=g\",\"caption\":\"Tim Ellis\"},\"description\":\"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.\",\"sameAs\":[\"https:\\\/\\\/ellis.fyi\"],\"url\":\"https:\\\/\\\/www.redfin.com/news\\\/author\\\/tim-ellisredfin-com\\\/\"}]}<\/script>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"Housing Market Update: Homes Sell Closer Than Ever to List Price","description":"Home sales were up 18% from 2020 and home price gains hit a new record of 16% despite widespread winter storms and rising mortgage rates.","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.redfin.com\/news\/housing-market-rising-rates-winter-storms\/","og_locale":"en_US","og_type":"article","og_title":"Housing Market Update: Homes Sell Closer Than Ever to List Price as Average Sale-to-List Ratio Approaches 100%","og_description":"Home sales were up 18% from 2020 and home price gains hit a new record of 16% despite widespread winter storms and rising mortgage rates.","og_url":"https:\/\/www.redfin.com\/news\/housing-market-rising-rates-winter-storms\/","og_site_name":"Redfin Real Estate News","article_publisher":"https:\/\/www.facebook.com\/redfin","article_published_time":"2021-03-05T13:00:50+00:00","article_modified_time":"2022-10-26T20:02:49+00:00","og_image":[{"width":1200,"height":900,"url":"https:\/\/www.redfin.com\/news\/wp-content\/uploads\/2021\/03\/2021-02-28_sale-to-list-1-week.png","type":"image\/png"}],"author":"Tim Ellis","twitter_card":"summary_large_image","twitter_creator":"@redfin","twitter_site":"@redfin","twitter_misc":{"Written by":"Tim Ellis","Est. reading time":"2 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.redfin.com\/news\/housing-market-rising-rates-winter-storms\/#article","isPartOf":{"@id":"https:\/\/www.redfin.com\/news\/housing-market-rising-rates-winter-storms\/"},"author":{"name":"Tim Ellis","@id":"https:\/\/www.redfin.com\/news\/#\/schema\/person\/18d447d70adabf376e05ea45cfb78a2e"},"headline":"Housing Market Update: Homes Sell Closer Than Ever to List Price as Average Sale-to-List Ratio Approaches 100%","datePublished":"2021-03-05T13:00:50+00:00","dateModified":"2022-10-26T20:02:49+00:00","mainEntityOfPage":{"@id":"https:\/\/www.redfin.com\/news\/housing-market-rising-rates-winter-storms\/"},"wordCount":455,"publisher":{"@id":"https:\/\/www.redfin.com\/news\/#organization"},"image":{"@id":"https:\/\/www.redfin.com\/news\/housing-market-rising-rates-winter-storms\/#primaryimage"},"thumbnailUrl":"https:\/\/www.redfin.com\/news\/wp-content\/uploads\/2021\/03\/2021-02-28_sale-to-list-1-week.png","keywords":["Coronavirus","Housing Market Tracker"],"articleSection":["Coronavirus Housing Market News","Housing Market News","Weekly Market Update"],"inLanguage":"en-US","copyrightYear":"2021","copyrightHolder":{"@id":"https:\/\/www.redfin.com\/news\/#organization"}},{"@type":"WebPage","@id":"https:\/\/www.redfin.com\/news\/housing-market-rising-rates-winter-storms\/","url":"https:\/\/www.redfin.com\/news\/housing-market-rising-rates-winter-storms\/","name":"Housing Market Update: Homes Sell Closer Than Ever to List Price","isPartOf":{"@id":"https:\/\/www.redfin.com\/news\/#website"},"primaryImageOfPage":{"@id":"https:\/\/www.redfin.com\/news\/housing-market-rising-rates-winter-storms\/#primaryimage"},"image":{"@id":"https:\/\/www.redfin.com\/news\/housing-market-rising-rates-winter-storms\/#primaryimage"},"thumbnailUrl":"https:\/\/www.redfin.com\/news\/wp-content\/uploads\/2021\/03\/2021-02-28_sale-to-list-1-week.png","datePublished":"2021-03-05T13:00:50+00:00","dateModified":"2022-10-26T20:02:49+00:00","description":"Home sales were up 18% from 2020 and home price gains hit a new record of 16% despite widespread winter storms and rising mortgage rates.","breadcrumb":{"@id":"https:\/\/www.redfin.com\/news\/housing-market-rising-rates-winter-storms\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.redfin.com\/news\/housing-market-rising-rates-winter-storms\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.redfin.com\/news\/housing-market-rising-rates-winter-storms\/#primaryimage","url":"https:\/\/www.redfin.com\/news\/wp-content\/uploads\/2021\/03\/2021-02-28_sale-to-list-1-week.png","contentUrl":"https:\/\/www.redfin.com\/news\/wp-content\/uploads\/2021\/03\/2021-02-28_sale-to-list-1-week.png","width":1200,"height":900,"caption":"Sale-to-List Price Ratio Rapidly Approaching 100%"},{"@type":"BreadcrumbList","@id":"https:\/\/www.redfin.com\/news\/housing-market-rising-rates-winter-storms\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/www.redfin.com\/news\/"},{"@type":"ListItem","position":2,"name":"Housing Market Update: Homes Sell Closer Than Ever to List Price as Average Sale-to-List Ratio Approaches 100%"}]},{"@type":"WebSite","@id":"https:\/\/www.redfin.com\/news\/#website","url":"https:\/\/www.redfin.com\/news\/","name":"Redfin Real Estate News","description":"The latest real estate news and research from technology-powered residential real estate company, Redfin.","publisher":{"@id":"https:\/\/www.redfin.com\/news\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/www.redfin.com\/news\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/www.redfin.com\/news\/#organization","name":"Redfin","url":"https:\/\/www.redfin.com\/news\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.redfin.com\/news\/#\/schema\/logo\/image\/","url":"https:\/\/www.redfin.com\/news\/wp-content\/uploads\/2020\/10\/Redfin-News-Logo.png","contentUrl":"https:\/\/www.redfin.com\/news\/wp-content\/uploads\/2020\/10\/Redfin-News-Logo.png","width":1100,"height":235,"caption":"Redfin"},"image":{"@id":"https:\/\/www.redfin.com\/news\/#\/schema\/logo\/image\/"},"sameAs":["https:\/\/www.facebook.com\/redfin","https:\/\/x.com\/redfin","https:\/\/www.instagram.com\/redfinrealestate\/","https:\/\/www.linkedin.com\/company\/redfin","https:\/\/www.pinterest.com\/redfin\/","https:\/\/en.wikipedia.org\/wiki\/Redfin"]},{"@type":"Person","@id":"https:\/\/www.redfin.com\/news\/#\/schema\/person\/18d447d70adabf376e05ea45cfb78a2e","name":"Tim Ellis","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/secure.gravatar.com\/avatar\/feb22c16d7caf03e08cfd06aef3c2f1593e324fc3767c12e1ba523a4ab5db00b?s=96&d=wp_user_avatar&r=g49809922b909433f6e289ea162e9f986","url":"https:\/\/secure.gravatar.com\/avatar\/feb22c16d7caf03e08cfd06aef3c2f1593e324fc3767c12e1ba523a4ab5db00b?s=96&d=wp_user_avatar&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/feb22c16d7caf03e08cfd06aef3c2f1593e324fc3767c12e1ba523a4ab5db00b?s=96&d=wp_user_avatar&r=g","caption":"Tim Ellis"},"description":"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.","sameAs":["https:\/\/ellis.fyi"],"url":"https:\/\/www.redfin.com\/news\/author\/tim-ellisredfin-com\/"}]}},"_links":{"self":[{"href":"https:\/\/www.redfin.com\/news\/wp-json\/wp\/v2\/posts\/72195","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.redfin.com\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.redfin.com\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.redfin.com\/news\/wp-json\/wp\/v2\/users\/13505"}],"replies":[{"embeddable":true,"href":"https:\/\/www.redfin.com\/news\/wp-json\/wp\/v2\/comments?post=72195"}],"version-history":[{"count":0,"href":"https:\/\/www.redfin.com\/news\/wp-json\/wp\/v2\/posts\/72195\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.redfin.com\/news\/wp-json\/wp\/v2\/media\/72200"}],"wp:attachment":[{"href":"https:\/\/www.redfin.com\/news\/wp-json\/wp\/v2\/media?parent=72195"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.redfin.com\/news\/wp-json\/wp\/v2\/categories?post=72195"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.redfin.com\/news\/wp-json\/wp\/v2\/tags?post=72195"},{"taxonomy":"dashboard","embeddable":true,"href":"https:\/\/www.redfin.com\/news\/wp-json\/wp\/v2\/dashboard?post=72195"},{"taxonomy":"author","embeddable":true,"href":"https:\/\/www.redfin.com\/news\/wp-json\/wp\/v2\/coauthors?post=72195"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}