Fewer homes were available in November than in any period on record, driving prices 15% higher than last year, Redfin reports
In September, approximately 2,200 agents licensed in the Florida beachside community of 70,000 were vying for just 674 listings. Is this the fate in store for the rest of the country?
The median asking price of newly listed homes for sale surged 12% year over year to a record high of $361,250, according to a Redfin report
During the 4-week period ending Sept. 5, pending sales rose 6% from the year before, according to a report released Wednesday by Redfin
The typical home price has been holding roughly steady for weeks as inventory continues its slow path to recovery
After five consecutive months of record home prices, the market appears to be plateauing, according to several key indicators
Homes also sold at their priciest and at their quickest pace on record during June, but Redfin said that sales pace and market competition have now likely peaked for 2021
Opinion
This is the homeseller market crash. Inventory is at historic lows, affordability is rapidly eroding, and rates are climbing
Although the market is currently red-hot, Redfin's latest report released on Friday revealed that homebuyers may give up as home prices continue to grow
During the 4-week period ending Feb. 28, the median home sale price and the 4-week rolling average of median asking price on newly listed homes also hit new highs
New-home sales jumped 4.3% on a monthly basis and 19.3% on an annual basis, according to data from the US Census Bureau and the Department of Housing and Urban Development
Homes for sale in rural areas across the nation were down 44.4% year over year during the four weeks ending Jan. 21, driving an all-time low in active listings, according to Redfin
The national inventory dropped by almost 40% year over year in December, according to a new report released Friday by realtor.com
Home sales were up 24% in October from the previous year on a seasonally adjusted basis, the largest increase since Redfin started tracking the data in 2012
Amid intense market demand and low inventory, the U.S. median home price hit a record high of $319,769 in the 4 weeks ending September 27, according to data from Redfin