News

Home prices increased 6.8 percent from a year ago to a national median sale price of $293,000 in July. This represented a slight decline of 0.3 percent from June. The median value of off-market homes in July was $249,000, as measured by the[...]

The Redfin Housing Demand Index fell 4.3 percent from May’s all-time high to 130 in June. Still, homebuyer demand was up 27.8 percent year over year. The Demand Index is based on thousands of Redfin customers requesting home tours and[...]

The median home sale price increased 7.3 percent from a year ago to $298,000 in June. This is the highest national median sale price recorded since we began keeping track in 2010. Despite record-high buyer demand during the busy spring[...]

The Redfin Housing Demand Index fell 5.0 percent from its all-time high of 130 in June to 124 in July. Still, the Demand Index was up 29.7 percent year over year. The Demand Index is adjusted for Redfin’s market share growth.   The Demand[...]

Luxury home prices rose 7.5 percent in the second quarter of 2017 compared to last year, to an average of $1.79 million. The analysis tracks home sales in more than 1,000 cities across the country and defines the luxury market as the top 5[...]