News

New construction homes in the fourth quarter of 2017 accounted for 16.4 percent of all single-family homes for sale, the highest level since Redfin began tracking this data in 2012, up from from 14.2 a year earlier. This is a needed sign of[...]

The median home sale price increased 8.9 percent in March from a year ago, the highest price growth in four years. The median home sale price in March was $297,000 in the 174 markets that Redfin tracks. The lack of homes for sale, down 11.9[...]

The Redfin Housing Demand Index fell 14.1 percent month over month to 110 in February. This represents the lowest level of homebuyer demand in 11 months and the largest month-over-month decline on record for the Demand Index, for which[...]

The Redfin Housing Demand Index fell 6.5 percent month over month to 105 in March, the second consecutive month of declines this year. The Demand Index is based on thousands of Redfin customers requesting home tours and writing offers.[...]

Luxury home prices rose 7.9 percent in the first quarter of 2018 compared to last year, to an average of $1.8 million. This analysis tracks home sales in more than 1,000 cities across the country and defines a home as luxury if it is among the[...]