New: The Redfin Data Center is here!

Access comprehensive market data, trends, and insights in one place

Housing Market

Monthly Market Update

U.S. Homes Are Selling at the Slowest Pace in 6 Years

The typical home that went under contract in March sat on the market for 47 days. Homes sold over twice that fast during the pandemic homebuying frenzy. Homes are taking longer to sell because many are overpriced and demand is sluggish. Plus, sellers are competing with each other—the supply of homes for sale hit a […]
Luxury Market

Here Are the 10 Most Expensive Home Sales of March

Half of last month’s most expensive home sales were in beachfront Florida, but an Oahu compound took the number-one spot.  Hawaii was home to the most expensive home sale of March, with a beachfront estate on Oahu going for $65.8 million. Next came two properties that sold for $60 million apiece: a Miami Beach mansion […]
Weekly Market Update

Homebuyer Demand Improved Last Week, But Tariff Turmoil, Rising Rates and Economic Jitters Likely to Hamper Sales

Pending home sales and mortgage applications improved a bit at the start of April. But since then, the back-and-forth on President Trump’s new tariff policy, rising mortgage rates and the increased odds of a recession have likely pushed down homebuying sentiment.  The housing market is under pressure as prospective homebuyers and sellers navigate a rapidly […]
Affordability

1 in 5 Homebuyers Expect to Sell Stocks to Fund Down Payment: Redfin Survey

Homebuyers are more likely than renters to use stock investments to pay for housing, according to a Redfin survey.  With stock values dropping, would-be homebuyers may back off as their bank accounts shrink and their confidence in the economy is shaken.  One in five (20%) prospective homebuyers expect to sell stocks to help fund their […]
Scroll to Top