Housing Market News
Market Tracker
Summer Prices Cool as We Head Into Fall
Each month, Redfin takes a look at home price trends throughout 19 key US markets. This month shows the rapid rise in home prices and
Inventory Drops While Sales and Prices Rise
Home prices continued their rise in July and sales volume jumped back up from the unexpected June dip. Price per square foot is up 19
Home Prices Shot Up in May As Sales Hit 4-Year High
May’s housing market has good news for everyone. Good news for buyers: For-sale home inventory increased in May for the second straight month. Good news
Sales Slip, Listings Plummet, but Home Prices Keep Rising as 2012 Concludes; Inventory Growth Key to 2013 Performance
Home prices, sales, and listings all fell between November and December as the housing market weathered the usually-slow holiday season with a smaller dip in prices than the same time a year ago. Listings continued to drop, falling to a level 33 percent below December 2011 and 44 percent below December 2010.
Redfin Real-Time Home Price Tracker: Home Prices Dip Slightly in September, Still 5% Above 2011
National home prices turned in another 5 percent gain from a year ago in September, even as they began their typical seasonal decline, inching down just under 1 percent from August.
Redfin Real-Time Home Price Tracker: Home Prices Hit Two-Year High in August, Up 5% From 2011
National home prices hit a two-year high in August, marking a 5% gain from August 2011 and holding steady month-over-month during a time of year that typically sees a seasonal decline in prices.
Fewer Homes for Sale in September; Declining Number of Listings Holds Back Home Sales
New listings of homes for sale fell 9% from a year earlier and closed home sales were down 5%.
Home Sales Fell 6% in August, the First Annual Decline in 15 Months
However, home prices were up 16%, and new listings posted their first year-over-year decline since February, which could signal a tightening market.
July Marked 12 Straight Months of Double-Digit Price Increases
Still, housing market conditions improved slightly for homebuyers as competition eased off from the records set in June.
Home Sales Dipped 1.2% From May to June, the Largest Late-Spring Decline Since At Least 2012
Still, homes sold at their fastest pace and for their highest prices on record.
Over Half of Homes Sold Above List Price in May for the First Time On Record
Home prices were up 24%, a record high due to the dip in home prices at the start of the pandemic a year earlier.
Buyers in Indianapolis, Omaha and Seattle are Snapping Up Homes in 5 Days or Less
Homes in Portland, OR and Denver are also selling in a handful of days. In Austin, 74% sold above list price. Nationwide, almost half of
