Housing Market
All Reports
January 15, 2021
Housing Market Update: New Listings Fell 3%, Home Prices Up 14%, Pending Sales Rise 35%
January 15, 2021
Competition tapered slightly over the holidays, but remained fierce as insufficient housing supply failed to keep up with insatiable demand boosted by record-low mortgage rates and a pandemic-driven moving spree. Nationwide, 49.7% of home offers written by Redfin agents faced bidding wars in December. While that’s down from a revised rate of 55.9% in November, […]
January 14, 2021
Nearly two thirds (63%) of people who bought a home last year made an offer on a property that they hadn’t seen in person.
January 14, 2021
The national median home price rose 13% year over year to $334,300 in December, while homebuying demand barely slowed.
January 13, 2021
High earners and homeowners are most likely to be optimistic about this year’s housing market, reflecting the unequal economic recovery from the pandemic-driven recession. Sixty percent of homebuyers and sellers believe the housing market will fare better in 2021 than 2020, compared with 17% who believe it will fare worse. That’s according to a Redfin-commissioned […]
