News

Sales fell 8.1 percent compared to last year, the largest decline posted since July 2016, and the third month in a row with declining sales. Meanwhile price-growth is strong, up 7.6 percent in September to a national median sale price of[...]

Home price growth was strong in October, up 7.1 percent compared to a year ago to a national median sale price of $288,000 across the markets Redfin serves. Sales were essentially unchanged from October of last year, down 0.1 percent. Home[...]

The Demand Index is based on thousands of Redfin customers requesting home tours and writing offers. A level of 100 represents the historical average for the three-year period from January 2013 to December 2015. The seasonally adjusted[...]

The Redfin Housing Demand Index remained virtually flat, up slightly from 126 in July to 127 in August. Still, the Demand Index increased 27.7 percent year over year. The Demand Index is adjusted for Redfin’s market share growth.The[...]

Home prices in August surged 7.7 percent, the largest year-over-year price gain since May 2015. The national median sale price was $293,000, flat from July. None of the metro areas Redfin tracks saw prices decline in August. The median[...]