Redfin Reports The Typical Home Is Taking Nearly 2 Months to …

Jan 30, 2025 · The typical U.S. home listing that went under contract sat on the market for 54 days before the seller accepted an offer, the longest span since March 2020 and a week …

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Redfin Reports New Listings Post Biggest Increase Of The Year …

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19 hours ago · The big pool of inventory has led to homes selling for under their asking price: The typical home is selling for 2% less than list price, the biggest discount in nearly two years. …

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More Sellers Are Listing Their Homes, Hoping To Cash In On

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Dec 19, 2024 · One, home prices are high; the median U.S. home sale price is up 6% year over year, the second-biggest increase since October 2022. Two, consumer confidence rose to a …

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Redfin Reports 17% Of Homeowners With Mortgages Have An

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19 hours ago · That means even more have a rate below the current (Jan. 30) weekly average of 6.95%, prompting many to stay put instead of selling and buying another home at a higher …

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Redfin Reports The Average U.S. Home Is Selling Above Its Asking …

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Jul 6, 2023 · SEATTLE--(BUSINESS WIRE)-- (NASDAQ: RDFN) — The average sale-to-list price ratio hit 100.1% during the four weeks ending July 2, marking the first time in nearly a year the …

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Existing Home Sales Post Biggest Increase In Nearly Three Years

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Nov 15, 2024 · Redfin reports existing home sales rose 1.6% month over month in October to a seasonally adjusted annual rate of 4,179,346, and are on track to finish this year higher than …

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Home Tours Rise Modestly To Start 2025, But That Hasn’t ... - Redfin

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Jan 9, 2025 · Redfin Homebuyer Demand Index (seasonally adjusted) Up 2% from a month earlier (as of week ending Jan. 5) Up 2%: Redfin Homebuyer Demand Index a measure of …

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Home Prices Rise In Every Major Metro For First Time Since 2022

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Jan 21, 2025 · Last month, home prices posted their biggest gain in nearly a year, jumping 6.3% year over year to a median $427,670. Home Prices Are Rising Fastest in the Midwest, Slowest …

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FAQs about Redfin Reports The Typical Home Is Taking Nearly 2 Months to … Coupon?

Why do redfin listings sit on the market?

Redfin agents say listings often sit on the market because they’re overpriced, which has led to a pile-up of stale listings; active listings of homes for sale rose to the highest seasonally-adjusted level in four years last month. ...

Does redfin measure the housing market?

For Redfin economists’ takes on the housing market, please visit Redfin’s “From Our Economists” page. Redfin’s national metrics include data from 400+ U.S. metro areas, and is based on homes listed and/or sold during the period. Weekly housing-market data goes back through 2015. Subject to revision. +0.3 pts. ...

Is Redfin a good real estate brokerage?

That’s according to a new report from Redfin (redfin.com), the technology-powered real estate brokerage. They climbed 1.7% year over year—the first annual increase since November 2021—and are on track to finish the year slightly higher than they finished last year (4,093,102). ...

How much did new listings fall in a year?

New listings fell 1.6% month over month on a seasonally adjusted basis and declined 1.5% year over year. Active listings, a measure of all homes on the market, fell 0.3% month over month—the first decline on a seasonally adjusted basis in five months. They rose 7% year over year, but that was the smallest annual increase in nearly a year. ...

What is the Homebuyer Demand Index of Redfin?

Redfin’s Homebuyer Demand Index, which measures requests for tours and other buying services from their agents, increased as prices decreased for the sixth consecutive week and mortgage rates declined for the third week in a row. However, a lack of new listings is hindering sales. House hunters are taking advantage of the market conditions as mortgage rates increase the demand for Redfin's services. ...

Can a Redfin real estate agent buy or sell a home?

For more information about working with a Redfin real estate agent to buy or sell a home, visit our Why Redfin page. More house hunters are hitting the pavement as the new year starts, but pending home sales are down as daily average mortgage rates hit a seven-month high. ...