Typical Home Now Sells For Less Than Asking Price
The average sale-to-list ratio fell below 100 percent for the first time since March 2021, per Redfin
The average sale-to-list ratio fell below 100 percent for the first time since March 2021, per Redfin
The change may be minimal—but it is the first gain in two years!
With just a 0.7 percent increase from May, it’s the smallest month-over-month gain since the start of the year
As of early July, the drop marks the largest decline since May 2020
The median asking price of newly listed homes is down 1.5 percent from the Spring
Riverside saw the largest year-over-year decline of any national metro area tracked for the report
The homeownership rates for both Black and white families rose ever so slightly over the pandemic, per new numbers
While demand may be shrinking, available listings are selling faster than ever
New Redfin numbers show that March was just a tad easier for shoppers than February…
The median home-sale price rose 6.2 percent last month as properties sold at their fastest pace on record
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