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The Share of Homes Selling Above List Price Just Dropped Below 2016 Levels

The Share of Homes Selling Above List Price Just Dropped Below 2016 Levels

In Seattle, the Share of Homes Selling Above List Fell to 30% this Month from 50% a Year Ago In the four weeks ending on September 23, 22.9 percent of homes sold for more than their asking price, across the metros Redfin tracks. More than[...]
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Spring’s Fastest Markets are Slowing Down this Fall

Spring’s Fastest Markets are Slowing Down this Fall

As the housing market heated up this spring there were fourteen metro areas around the country (see chart below) where half or more of the homes that were listed for sale between March 5 and April 29 went under contract within two weeks. By[...]
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Home Prices Up 4.7% in August, Lowest Price Growth in Four Years

U.S. home-sale prices increased 4.7 percent in August to a median of $300,900, compared to a year ago. The price growth rate has been dropping for six consecutive months and has not been this low since August 2014. Homes sales fell 2.4[...]
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Home Prices Up 5.3% in July, Continuing a Trend of Moderating Growth

U.S. home-sale prices increased 5.3 percent in July to a median of $307,400, compared to a year ago. The price growth rate has been dropping for five consecutive months and has not been this low since September 2016. Homes sales increased[...]
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June Home Prices Rose 5.7% Year Over Year; Smallest Increase Since December 2016

June Home Prices Rose 5.7% Year Over Year; Smallest Increase Since December 2016

U.S. home-sale prices increased 5.7 percent in June to a median of $312,700, compared to a year ago. This is the lowest price growth since December 2016. At the same time, the number of homes for sale in June was down just 6 percent year over[...]
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