Page 12 - Redfin Data News Today

The typical Las Vegas home costs less than half as much as one in Los Angeles, San Francisco or Seattle, the most common origins for buyers moving in. ...

Luxury home prices in the Bay Area and Seattle fell between 10% and 13% in the second quarter, more than anywhere else in the country. Nationwide, luxury prices rose 5% from a year earlier. ...

San Diego County's home price is down 4.2 percent annually, as are half of the metro areas in a 20-city index

Prices posted their biggest increase in over seven months, with more demand than supply as high mortgage rates deter sellers ...

Redfin reports 14 of every 1,000 homes changed hands in the first half of 2023, compared to 19 of every 1,000 during the same period in 2019. The turnover rate for large suburban houses has declined even more.

Redfin reports the median sale price in June was just 1.5% below its all-time high, and the average home sold for above its list price for the first time in roughly a year

Rent growth has slowed rapidly, but rents remain costly as landlords offer perks like free parking instead of lowering prices to fill vacant units. The good news is that months of cooling rent increases are finally helping bring down inflation in a big way.

The Cape Coral metro area has more than made up for the plunge in new listings caused by the storm

This is the first time since last August the average sale-to-list price ratio has surpassed 100%. Low inventory and steady demand are buoying home prices.

Phoenix, Las Vegas and parts of Florida are the most migration popular destinations for relocators, even as the risks from natural disasters intensify