Despite a flood of new listings, buyers are cooling off from high prices, rising mortgage rates and economic uncertainty, according to new reports from Zillow and Redfin
Over the 4 weeks ending Feb. 2, new listings across the US have jumped 7.9% from last year to 76,194, the largest increase since late 2024, according to Redfin's analysis
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
Widespread low inventory and skyrocketing demand from cooped-up buyers has led to an unusually competitive fall homebuying season, according to a new realtor.com report
The total number of new listings increased 5.9% week over week, but new listings in the highest price tier were up by 8%, according to new data from Zillow
New listings activity rose by nearly 20 percent last month
Market conditions suggest now is a good time to sell in the district