{"id":77387,"date":"2024-01-25T05:00:06","date_gmt":"2024-01-25T13:00:06","guid":{"rendered":"https:\/\/www.redfin.com\/news\/?p=77387"},"modified":"2024-01-31T15:18:15","modified_gmt":"2024-01-31T23:18:15","slug":"housing-market-update-prices-rise-pending-sales-fall","status":"publish","type":"post","link":"https:\/\/www.redfin.com\/news\/housing-market-update-prices-rise-pending-sales-fall\/","title":{"rendered":"Housing Market Update: Price Growth Starts the Year Strong But Harsh Weather Freezes Out Some Would-Be Homebuyers"},"content":{"rendered":"<p><i><span style=\"font-weight: 400;\">Redfin agents in areas affected by inclement weather report slow homebuying activity, but agents in warmer locales say buyers and sellers are active as mortgage rates stay in the high-6% range, down from 8% a few months ago.\u00a0<\/span><\/i><\/p>\n<p><span style=\"font-weight: 400;\">The median U.S. home-sale price rose 5.1% during the four weeks ending January 21, the biggest increase since October 2022. Asking prices rose 6.5%, also the biggest increase in more than a year.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Prices are rising for a few reasons. One, inventory is still quite low. The total number of homes for sale is down 4% year over year. And while new listings are up 2%, that\u2019s the smallest annual increase in about three months. Additionally, sellers can command higher prices because buyers have more purchasing power; mortgage rates are holding steady in the mid-to-high 6% range, down from 8% in October.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">This week\u2019s sales data shows sluggish activity as <\/span><a href=\"https:\/\/www.nbcnews.com\/news\/us-news\/almost-50-dead-95-million-winter-weather-alerts-arctic-cold-blankets-n-rcna134699\"><span style=\"font-weight: 400;\">severe winter weather<\/span><\/a><span style=\"font-weight: 400;\"> kept buyers and sellers on the sidelines in much of the country: Pending home sales are down 8% year over year, the biggest decline in four months. The big annual drop in pending sales can also be explained in part by the fact that they were improving at <\/span><a href=\"https:\/\/www.redfin.com\/news\/housing-market-update-pending-home-sales-improve\/\"><span style=\"font-weight: 400;\">this time last year<\/span><\/a><span style=\"font-weight: 400;\"> as mortgage rates fell.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">While Redfin agents in places that are facing harsh weather report that would-be buyers are staying home (for now), mortgage-purchase applications are rising, and agents in warmer places say demand is picking up:<\/span><\/p>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">\u201cReal estate is usually slow in the Midwest in the winter, but this year it\u2019s even slower than usual because the weather has been so extreme,&#8221; said Grand Rapids, MI Redfin Premier agent <a href=\"https:\/\/www.redfin.com\/real-estate-agents\/christine-kooiker\">Christine Kooiker<\/a>. \u201cCasual house hunters are staying home to avoid the roads\u2014but inventory is low enough that serious buyers are finding a way to see desirable homes. I also believe we\u2019ll get busier as we approach spring. People are used to higher mortgage rates, and they know prices are likely to go up more if they wait.\u201d<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">\u201cAt the end of 2023, a lot of my clients said, \u2018I\u2019ll call you in January.\u2019 And they did. This month has been nonstop,\u201d said <a href=\"https:\/\/www.redfin.com\/real-estate-agents\/shay-stein\">Shay Stein<\/a>, a Redfin Premier agent in Las Vegas. \u201cI wouldn\u2019t say buyers are happy about 6.5% rates, but they\u2019ll accept it because they\u2019ll feel vindicated if rates rise back to 8%, and they can always refinance and avoid future bidding wars if rates drop further. And sellers are coming out of the woodwork, noticing the interest from buyers.\u201d<\/span><\/li>\n<\/ul>\n<h3>Leading indicators<\/h3>\n<table>\n<tbody>\n<tr>\n<td colspan=\"5\"><b>Indicators of homebuying demand and activity<\/b><\/td>\n<\/tr>\n<tr>\n<td><\/td>\n<td><b>Value (if applicable)<\/b><\/td>\n<td><b>Recent change<\/b><\/td>\n<td><b>Year-over-year change<\/b><\/td>\n<td><b>Source<\/b><\/td>\n<\/tr>\n<tr>\n<td><b>Daily average 30-year fixed mortgage rate<\/b><\/td>\n<td><span style=\"font-weight: 400;\">6.95% (Jan. 24)<\/span><\/td>\n<td><span style=\"font-weight: 400;\">Up slightly from a week earlier<\/span><\/td>\n<td><span style=\"font-weight: 400;\">Up from 6.18%<\/span><\/td>\n<td><a href=\"https:\/\/www.mortgagenewsdaily.com\/mortgage-rates\/30-year-fixed\"><span style=\"font-weight: 400;\">Mortgage News Daily\u00a0<\/span><\/a><\/td>\n<\/tr>\n<tr>\n<td><b>Weekly average 30-year fixed mortgage rate<\/b><\/td>\n<td><span style=\"font-weight: 400;\">6.6% (week ending Jan. 18)<\/span><\/td>\n<td><span style=\"font-weight: 400;\">Lowest level since May<\/span><\/td>\n<td><span style=\"font-weight: 400;\">Up from 6.15%<\/span><\/td>\n<td><a href=\"https:\/\/www.freddiemac.com\/pmms\"><span style=\"font-weight: 400;\">Freddie Mac<\/span><\/a><\/td>\n<\/tr>\n<tr>\n<td><b>Mortgage-purchase applications (seasonally adjusted)<\/b><\/td>\n<td><\/td>\n<td><span style=\"font-weight: 400;\">Up 8% from a week earlier; up 17% from a month earlier (as of week ending Jan. 19)<\/span><\/td>\n<td><span style=\"font-weight: 400;\">Down 18%<\/span><\/td>\n<td><a href=\"https:\/\/www.investing.com\/economic-calendar\/mba-purchase-index-1494\"><span style=\"font-weight: 400;\">Mortgage Bankers Association<\/span><\/a><\/td>\n<\/tr>\n<tr>\n<td><b>Redfin Homebuyer Demand Index (seasonally adjusted)<\/b><\/td>\n<td><\/td>\n<td><span style=\"font-weight: 400;\">Down 8% from a month earlier (as of week ending Jan. 21)<\/span><\/td>\n<td><span style=\"font-weight: 400;\">Down 21%<\/span><\/td>\n<td><span style=\"font-weight: 400;\">Redfin Homebuyer Demand Index, a measure of requests for tours and other homebuying services from Redfin agents<\/span><\/td>\n<\/tr>\n<tr>\n<td><b>Google searches for \u201chome for sale\u201d<\/b><\/td>\n<td><\/td>\n<td><span style=\"font-weight: 400;\">Up 18% from a month earlier (as of Jan. 20)<\/span><\/td>\n<td><span style=\"font-weight: 400;\">Down 15%<\/span><\/td>\n<td><a href=\"https:\/\/trends.google.com\/trends\/explore?date=today%205-y&amp;q=homes%20for%20sale#cmpt=q\"><span style=\"font-weight: 400;\">Google Trends<\/span><\/a><span style=\"font-weight: 400;\">\u00a0<\/span><\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<h3>Key housing-market data<\/h3>\n<table>\n<tbody>\n<tr>\n<td colspan=\"4\"><b>U.S. highlights: Four weeks ending January 21, 2024<\/b><\/p>\n<p><i><span style=\"font-weight: 400;\">Redfin\u2019s national metrics include data from 400+ U.S. metro areas, and is based on homes listed and\/or sold during the period. Weekly housing-market data goes back through 2015. Subject to revision.\u00a0<\/span><\/i><\/td>\n<\/tr>\n<tr>\n<td><\/td>\n<td><b>Four weeks ending January 21, 2024<\/b><\/td>\n<td><b>Year-over-year change<\/b><\/td>\n<td><b>Notes<\/b><\/td>\n<\/tr>\n<tr>\n<td><b>Median sale price<\/b><\/td>\n<td><span style=\"font-weight: 400;\">$362,225<\/span><\/td>\n<td><span style=\"font-weight: 400;\">5.1%<\/span><\/td>\n<td><span style=\"font-weight: 400;\">Biggest increase since Oct. 2022<\/span><\/td>\n<\/tr>\n<tr>\n<td><b>Median asking price<\/b><\/td>\n<td><span style=\"font-weight: 400;\">$384,458<\/span><\/td>\n<td><span style=\"font-weight: 400;\">6.5%<\/span><\/td>\n<td><span style=\"font-weight: 400;\">Biggest increase since Oct. 2022<\/span><\/td>\n<\/tr>\n<tr>\n<td><b>Median monthly mortgage payment<\/b><\/td>\n<td><span style=\"font-weight: 400;\">$2,525 at a 6.6% mortgage rate<\/span><\/td>\n<td><span style=\"font-weight: 400;\">10.7%<\/span><\/td>\n<td><span style=\"font-weight: 400;\">Down roughly $200 from all-time high set during the four weeks ending Oct. 22, but up roughly $200 from the four weeks ending Dec. 31<\/span><\/td>\n<\/tr>\n<tr>\n<td><b>Pending sales<\/b><\/td>\n<td><span style=\"font-weight: 400;\">54,331<\/span><\/td>\n<td><span style=\"font-weight: 400;\">-8.2%<\/span><\/td>\n<td><span style=\"font-weight: 400;\">Biggest decline in 4 months<\/span><\/td>\n<\/tr>\n<tr>\n<td><b>New listings<\/b><\/td>\n<td><span style=\"font-weight: 400;\">54,796<\/span><\/td>\n<td><span style=\"font-weight: 400;\">2.2%<\/span><\/td>\n<td><\/td>\n<\/tr>\n<tr>\n<td><b>Active listings<\/b><\/td>\n<td><span style=\"font-weight: 400;\">742,862<\/span><\/td>\n<td><span style=\"font-weight: 400;\">-4%<\/span><\/td>\n<td><\/td>\n<\/tr>\n<tr>\n<td><b>Months of supply\u00a0<\/b><\/td>\n<td><span style=\"font-weight: 400;\">4.7 months<\/span><\/td>\n<td><span style=\"font-weight: 400;\">+0.3 pts.\u00a0<\/span><\/td>\n<td><span style=\"font-weight: 400;\">4 to 5 <\/span><a href=\"https:\/\/www.redfin.com\/definition\/monthsof-supply\"><span style=\"font-weight: 400;\">months of supply<\/span><\/a><span style=\"font-weight: 400;\"> is considered balanced, with a lower number indicating seller\u2019s market conditions.\u00a0<\/span><\/td>\n<\/tr>\n<tr>\n<td><b>Share of homes off market in two weeks\u00a0<\/b><\/td>\n<td><span style=\"font-weight: 400;\">26.5%<\/span><\/td>\n<td><span style=\"font-weight: 400;\">Essentially unchanged<\/span><\/td>\n<td><\/td>\n<\/tr>\n<tr>\n<td><b>Median days on market<\/b><\/td>\n<td><span style=\"font-weight: 400;\">45<\/span><\/td>\n<td><span style=\"font-weight: 400;\">-3\u00a0 days<\/span><\/td>\n<td><\/td>\n<\/tr>\n<tr>\n<td><b>Share of homes sold above list price<\/b><\/td>\n<td><span style=\"font-weight: 400;\">22.9%<\/span><\/td>\n<td><span style=\"font-weight: 400;\">Up from 21%<\/span><\/td>\n<td><\/td>\n<\/tr>\n<tr>\n<td><b>Share of homes with a price drop<\/b><\/td>\n<td><span style=\"font-weight: 400;\">4.4%<\/span><\/td>\n<td><span style=\"font-weight: 400;\">Essentially unchanged<\/span><\/td>\n<td><\/td>\n<\/tr>\n<tr>\n<td><b>Average sale-to-list price ratio\u00a0<\/b><\/td>\n<td><span style=\"font-weight: 400;\">98.2%<\/span><\/td>\n<td><span style=\"font-weight: 400;\">+0.4 pts.\u00a0<\/span><\/td>\n<td><\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p>&nbsp;<\/p>\n<table>\n<thead>\n<tr>\n<th colspan=\"4\">\n<p style=\"text-align: left;\"><b>Metro-level highlights: Four weeks ending January 21, 2024<\/b><\/p>\n<p style=\"text-align: left;\"><i><span style=\"font-weight: 400;\">Redfin\u2019s metro-level data includes the 50 most populous U.S. metros. Select metros may be excluded from time to time to ensure data accuracy.\u00a0<\/span><\/i><\/p>\n<\/th>\n<\/tr>\n<tr>\n<th><\/th>\n<th><b>Metros with biggest year-over-year increases<\/b><\/th>\n<th><b>Metros with biggest year-over-year decreases<\/b><\/th>\n<th><b>Notes<\/b><\/th>\n<\/tr>\n<tr>\n<th style=\"text-align: left;\"><b>Median sale price<\/b><\/th>\n<th style=\"text-align: left;\"><span style=\"font-weight: 400;\">Anaheim, CA (13.6%)<\/span><\/p>\n<p><span style=\"font-weight: 400;\">New Brunswick, NJ (13.5%)<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Miami (13.3%)<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Newark, NJ (12.6%)<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Providence, RI (11.8%)<\/span><\/th>\n<th>\n<p style=\"text-align: left;\"><span style=\"font-weight: 400;\">Austin, TX (-3.7%)<\/span><\/p>\n<p style=\"text-align: left;\"><span style=\"font-weight: 400;\">San Antonio, TX (-2.2%)<\/span><\/p>\n<p style=\"text-align: left;\"><span style=\"font-weight: 400;\">Oakland, CA (-1.8%)<\/span><\/p>\n<p style=\"text-align: left;\"><span style=\"font-weight: 400;\">Jacksonville, FL (-1%)<\/span><\/p>\n<\/th>\n<th style=\"text-align: left;\"><span style=\"font-weight: 400;\">Declined in 4 metros\u00a0<\/span><\/th>\n<\/tr>\n<\/thead>\n<tbody>\n<tr>\n<td><b>Pending sales<\/b><\/td>\n<td><span style=\"font-weight: 400;\">San Jose, CA (8.8%)<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Detroit (6.1%)<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Anaheim, CA (4.5%)<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Milwaukee, WI (2.6%)<\/span><\/p>\n<p><span style=\"font-weight: 400;\">San Francisco (2.3%)<\/span><\/td>\n<td><span style=\"font-weight: 400;\">Portland, OR (-24.7%)<\/span><\/p>\n<p><span style=\"font-weight: 400;\">New Brunswick, NJ (-21.9%)<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Newark, NJ (-18.9%)<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Houston (-18.3%)<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Atlanta (-17.3%)<\/span><\/td>\n<td><span style=\"font-weight: 400;\">Increased in 9 metros<\/span><\/td>\n<\/tr>\n<tr>\n<td><b>New listings<\/b><\/td>\n<td><span style=\"font-weight: 400;\">San Diego, CA (22.3%)<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Phoenix (21.6%)<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Minneapolis, MN (20.4%)<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Miami (18.8%)<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Fort Lauderdale, FL (18.7%)<\/span><\/td>\n<td><span style=\"font-weight: 400;\">Chicago (-20.4%)<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Atlanta (-17.9%)<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Portland, OR (-16%)<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Fort Worth, TX (-11.2%)<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Nashville, TN (-8.6%)<\/span><\/td>\n<td><span style=\"font-weight: 400;\">Declined in 14 metros<\/span><\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p><span style=\"font-weight: 400;\">Refer to our <\/span><a href=\"https:\/\/www.redfin.com\/news\/data-center-metrics-definitions\/\"><span style=\"font-weight: 400;\">metrics definition page<\/span><\/a><span style=\"font-weight: 400;\"> for explanations of all the metrics used in this report.<\/span><\/p>\n<p><img fetchpriority=\"high\" decoding=\"async\" class=\"alignnone wp-image-77388 size-full\" src=\"https:\/\/www.redfin.com\/news\/wp-content\/uploads\/2024\/01\/sale-price-124.png\" alt=\"\" width=\"1074\" height=\"806\" srcset=\"https:\/\/www.redfin.com\/news\/wp-content\/uploads\/2024\/01\/sale-price-124.png 1074w, https:\/\/www.redfin.com\/news\/wp-content\/uploads\/2024\/01\/sale-price-124-300x225.png 300w, https:\/\/www.redfin.com\/news\/wp-content\/uploads\/2024\/01\/sale-price-124-1024x768.png 1024w, https:\/\/www.redfin.com\/news\/wp-content\/uploads\/2024\/01\/sale-price-124-768x576.png 768w\" sizes=\"(max-width: 1074px) 100vw, 1074px\" \/><\/p>\n<p><img decoding=\"async\" class=\"alignnone wp-image-77389 size-full\" src=\"https:\/\/www.redfin.com\/news\/wp-content\/uploads\/2024\/01\/asking-price-124.png\" alt=\"\" width=\"1076\" height=\"801\" srcset=\"https:\/\/www.redfin.com\/news\/wp-content\/uploads\/2024\/01\/asking-price-124.png 1076w, https:\/\/www.redfin.com\/news\/wp-content\/uploads\/2024\/01\/asking-price-124-300x223.png 300w, https:\/\/www.redfin.com\/news\/wp-content\/uploads\/2024\/01\/asking-price-124-1024x762.png 1024w, https:\/\/www.redfin.com\/news\/wp-content\/uploads\/2024\/01\/asking-price-124-768x572.png 768w\" sizes=\"(max-width: 1076px) 100vw, 1076px\" \/><\/p>\n<p><img decoding=\"async\" class=\"alignnone wp-image-77390 size-full\" src=\"https:\/\/www.redfin.com\/news\/wp-content\/uploads\/2024\/01\/housing-payments-124.png\" alt=\"\" width=\"1074\" height=\"802\" srcset=\"https:\/\/www.redfin.com\/news\/wp-content\/uploads\/2024\/01\/housing-payments-124.png 1074w, https:\/\/www.redfin.com\/news\/wp-content\/uploads\/2024\/01\/housing-payments-124-300x224.png 300w, https:\/\/www.redfin.com\/news\/wp-content\/uploads\/2024\/01\/housing-payments-124-1024x765.png 1024w, https:\/\/www.redfin.com\/news\/wp-content\/uploads\/2024\/01\/housing-payments-124-768x573.png 768w\" sizes=\"(max-width: 1074px) 100vw, 1074px\" \/><\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"alignnone wp-image-77391 size-full\" src=\"https:\/\/www.redfin.com\/news\/wp-content\/uploads\/2024\/01\/pending-sales-124.png\" alt=\"\" width=\"1081\" height=\"804\" srcset=\"https:\/\/www.redfin.com\/news\/wp-content\/uploads\/2024\/01\/pending-sales-124.png 1081w, https:\/\/www.redfin.com\/news\/wp-content\/uploads\/2024\/01\/pending-sales-124-300x223.png 300w, https:\/\/www.redfin.com\/news\/wp-content\/uploads\/2024\/01\/pending-sales-124-1024x762.png 1024w, https:\/\/www.redfin.com\/news\/wp-content\/uploads\/2024\/01\/pending-sales-124-768x571.png 768w\" sizes=\"(max-width: 1081px) 100vw, 1081px\" \/><\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"alignnone wp-image-77392 size-full\" src=\"https:\/\/www.redfin.com\/news\/wp-content\/uploads\/2024\/01\/new-listings-124.png\" alt=\"\" width=\"1076\" height=\"804\" srcset=\"https:\/\/www.redfin.com\/news\/wp-content\/uploads\/2024\/01\/new-listings-124.png 1076w, https:\/\/www.redfin.com\/news\/wp-content\/uploads\/2024\/01\/new-listings-124-300x224.png 300w, https:\/\/www.redfin.com\/news\/wp-content\/uploads\/2024\/01\/new-listings-124-1024x765.png 1024w, https:\/\/www.redfin.com\/news\/wp-content\/uploads\/2024\/01\/new-listings-124-768x574.png 768w\" sizes=\"(max-width: 1076px) 100vw, 1076px\" \/><\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"alignnone wp-image-77393 size-full\" src=\"https:\/\/www.redfin.com\/news\/wp-content\/uploads\/2024\/01\/active-listings-124.png\" alt=\"\" width=\"1073\" height=\"808\" srcset=\"https:\/\/www.redfin.com\/news\/wp-content\/uploads\/2024\/01\/active-listings-124.png 1073w, https:\/\/www.redfin.com\/news\/wp-content\/uploads\/2024\/01\/active-listings-124-300x226.png 300w, https:\/\/www.redfin.com\/news\/wp-content\/uploads\/2024\/01\/active-listings-124-1024x771.png 1024w, https:\/\/www.redfin.com\/news\/wp-content\/uploads\/2024\/01\/active-listings-124-768x578.png 768w\" sizes=\"(max-width: 1073px) 100vw, 1073px\" \/><\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"alignnone wp-image-77394 size-full\" src=\"https:\/\/www.redfin.com\/news\/wp-content\/uploads\/2024\/01\/mos-124.png\" alt=\"\" width=\"1079\" height=\"805\" srcset=\"https:\/\/www.redfin.com\/news\/wp-content\/uploads\/2024\/01\/mos-124.png 1079w, https:\/\/www.redfin.com\/news\/wp-content\/uploads\/2024\/01\/mos-124-300x224.png 300w, https:\/\/www.redfin.com\/news\/wp-content\/uploads\/2024\/01\/mos-124-1024x764.png 1024w, https:\/\/www.redfin.com\/news\/wp-content\/uploads\/2024\/01\/mos-124-768x573.png 768w\" sizes=\"(max-width: 1079px) 100vw, 1079px\" \/><\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"alignnone wp-image-77395 size-full\" src=\"https:\/\/www.redfin.com\/news\/wp-content\/uploads\/2024\/01\/two-weeks-124.png\" alt=\"\" width=\"1074\" height=\"807\" srcset=\"https:\/\/www.redfin.com\/news\/wp-content\/uploads\/2024\/01\/two-weeks-124.png 1074w, https:\/\/www.redfin.com\/news\/wp-content\/uploads\/2024\/01\/two-weeks-124-300x225.png 300w, https:\/\/www.redfin.com\/news\/wp-content\/uploads\/2024\/01\/two-weeks-124-1024x769.png 1024w, https:\/\/www.redfin.com\/news\/wp-content\/uploads\/2024\/01\/two-weeks-124-768x577.png 768w\" sizes=\"(max-width: 1074px) 100vw, 1074px\" \/><\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"alignnone wp-image-77396 size-full\" src=\"https:\/\/www.redfin.com\/news\/wp-content\/uploads\/2024\/01\/dom-124.png\" alt=\"\" width=\"1075\" height=\"799\" srcset=\"https:\/\/www.redfin.com\/news\/wp-content\/uploads\/2024\/01\/dom-124.png 1075w, https:\/\/www.redfin.com\/news\/wp-content\/uploads\/2024\/01\/dom-124-300x223.png 300w, https:\/\/www.redfin.com\/news\/wp-content\/uploads\/2024\/01\/dom-124-1024x761.png 1024w, https:\/\/www.redfin.com\/news\/wp-content\/uploads\/2024\/01\/dom-124-768x571.png 768w\" sizes=\"(max-width: 1075px) 100vw, 1075px\" \/><\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"alignnone wp-image-77397 size-full\" src=\"https:\/\/www.redfin.com\/news\/wp-content\/uploads\/2024\/01\/sold-above-list-124.png\" alt=\"\" width=\"1079\" height=\"806\" srcset=\"https:\/\/www.redfin.com\/news\/wp-content\/uploads\/2024\/01\/sold-above-list-124.png 1079w, https:\/\/www.redfin.com\/news\/wp-content\/uploads\/2024\/01\/sold-above-list-124-300x224.png 300w, https:\/\/www.redfin.com\/news\/wp-content\/uploads\/2024\/01\/sold-above-list-124-1024x765.png 1024w, https:\/\/www.redfin.com\/news\/wp-content\/uploads\/2024\/01\/sold-above-list-124-768x574.png 768w\" sizes=\"(max-width: 1079px) 100vw, 1079px\" \/><\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"alignnone wp-image-77398 size-full\" src=\"https:\/\/www.redfin.com\/news\/wp-content\/uploads\/2024\/01\/price-drops-124.png\" alt=\"\" width=\"1077\" height=\"799\" srcset=\"https:\/\/www.redfin.com\/news\/wp-content\/uploads\/2024\/01\/price-drops-124.png 1077w, https:\/\/www.redfin.com\/news\/wp-content\/uploads\/2024\/01\/price-drops-124-300x223.png 300w, https:\/\/www.redfin.com\/news\/wp-content\/uploads\/2024\/01\/price-drops-124-1024x760.png 1024w, https:\/\/www.redfin.com\/news\/wp-content\/uploads\/2024\/01\/price-drops-124-768x570.png 768w\" sizes=\"(max-width: 1077px) 100vw, 1077px\" \/><\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"alignnone wp-image-77399 size-full\" src=\"https:\/\/www.redfin.com\/news\/wp-content\/uploads\/2024\/01\/sale-to-list-124.png\" alt=\"\" width=\"1076\" height=\"804\" srcset=\"https:\/\/www.redfin.com\/news\/wp-content\/uploads\/2024\/01\/sale-to-list-124.png 1076w, https:\/\/www.redfin.com\/news\/wp-content\/uploads\/2024\/01\/sale-to-list-124-300x224.png 300w, https:\/\/www.redfin.com\/news\/wp-content\/uploads\/2024\/01\/sale-to-list-124-1024x765.png 1024w, https:\/\/www.redfin.com\/news\/wp-content\/uploads\/2024\/01\/sale-to-list-124-768x574.png 768w\" sizes=\"(max-width: 1076px) 100vw, 1076px\" \/><\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"alignnone wp-image-77400 size-full\" src=\"https:\/\/www.redfin.com\/news\/wp-content\/uploads\/2024\/01\/demand-index-124.png\" alt=\"\" width=\"1078\" height=\"802\" srcset=\"https:\/\/www.redfin.com\/news\/wp-content\/uploads\/2024\/01\/demand-index-124.png 1078w, https:\/\/www.redfin.com\/news\/wp-content\/uploads\/2024\/01\/demand-index-124-300x223.png 300w, 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For more information about working with a Redfin real estate agent to buy or sell a home, visit our Why Redfin page.","url":"https:\/\/www.redfin.com\/news\/author\/dana-andersonredfin-com\/"}]}},"_links":{"self":[{"href":"https:\/\/www.redfin.com\/news\/wp-json\/wp\/v2\/posts\/77387","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\/13153"}],"replies":[{"embeddable":true,"href":"https:\/\/www.redfin.com\/news\/wp-json\/wp\/v2\/comments?post=77387"}],"version-history":[{"count":0,"href":"https:\/\/www.redfin.com\/news\/wp-json\/wp\/v2\/posts\/77387\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.redfin.com\/news\/wp-json\/wp\/v2\/media\/77401"}],"wp:attachment":[{"href":"https:\/\/www.redfin.com\/news\/wp-json\/wp\/v2\/media?parent=77387"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.redfin.com\/news\/wp-json\/wp\/v2\/categories?post=77387"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.redfin.com\/news\/wp-json\/wp\/v2\/tags?post=77387"},{"taxonomy":"dashboard","embeddable":true,"href":"https:\/\/www.redfin.com\/news\/wp-json\/wp\/v2\/dashboard?post=77387"},{"taxonomy":"author","embeddable":true,"href":"https:\/\/www.redfin.com\/news\/wp-json\/wp\/v2\/coauthors?post=77387"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}