
Homebuyers Are Turning Back to Condos After Pandemic-Driven Slump
Condos are selling above asking price for the first time in at least nine years, and the typical condo is selling in a record 22
As a data journalist at Redfin, Dana Anderson writes about the numbers behind real estate trends. Redfin is a full-service real estate brokerage that uses modern technology to make clients smarter and faster. For more information about working with a Redfin real estate agent to buy or sell a home, visit our Why Redfin page.

Condos are selling above asking price for the first time in at least nine years, and the typical condo is selling in a record 22

Phoenix, Las Vegas and Sacramento are among the most popular destinations as remote work allows people the freedom to move from expensive job centers to

Mortgage-rate locks for second homes fell 11% year over year in June after a year of double- and triple-digit increases. The number of buyers who

More than half of Hispanic homeowners have lived with family without paying rent to help make housing payments, versus 38% of white homeowners. That familial

Home prices in car-dependent areas are up 33% since before the pandemic versus 16% for transit-accessible neighborhoods, reflecting the rise in remote work and the

23% of white homeowners report making no financial sacrifices to buy their first home, versus 14% of Black homeowners. The fact that Black Americans are

Condos are selling above asking price for the first time in at least nine years, and the typical condo is selling in a record 22

Phoenix, Las Vegas and Sacramento are among the most popular destinations as remote work allows people the freedom to move from expensive job centers to

Mortgage-rate locks for second homes fell 11% year over year in June after a year of double- and triple-digit increases. The number of buyers who

More than half of Hispanic homeowners have lived with family without paying rent to help make housing payments, versus 38% of white homeowners. That familial

Home prices in car-dependent areas are up 33% since before the pandemic versus 16% for transit-accessible neighborhoods, reflecting the rise in remote work and the

23% of white homeowners report making no financial sacrifices to buy their first home, versus 14% of Black homeowners. The fact that Black Americans are