
Housing Market Update: New Records Set for Prices, Competition and Speed
Home prices were up 21% from 2019 even as new listings of homes for sale began to grow a little faster.
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 <a href="https://seattlebubble.com/" title="Seattle Bubble"><em>Seattle Bubble</em></a>, and produces the <a href="https://dispatches.fm/" title="Dispatches from the Multiverse">"Dispatches from the Multiverse" improvised comedy sci-fi podcast</a>.

Home prices were up 21% from 2019 even as new listings of homes for sale began to grow a little faster.

Home prices were up 20% from the brief dip at the beginning of the pandemic last year, as new listings continued to be in short supply.

Home prices rose 18% from a year earlier as the average time on market for sold homes fell to a record low of 21 days.

Home prices are continuing to soar thanks to a historic shortage of homes for sale.

Home prices rose 17% from a year ago in March as days on market, share of homes sold above list, and average sale-to-list price ratio all marked new records.

Asking prices and pending sales flatten, largely following an expected seasonal pattern, suggesting that homebuyer demand and sale prices may be peaking.

Home prices were up 21% from 2019 even as new listings of homes for sale began to grow a little faster.

Home prices were up 20% from the brief dip at the beginning of the pandemic last year, as new listings continued to be in short supply.

Home prices rose 18% from a year earlier as the average time on market for sold homes fell to a record low of 21 days.

Home prices are continuing to soar thanks to a historic shortage of homes for sale.

Home prices rose 17% from a year ago in March as days on market, share of homes sold above list, and average sale-to-list price ratio all marked new records.

Asking prices and pending sales flatten, largely following an expected seasonal pattern, suggesting that homebuyer demand and sale prices may be peaking.