The median asking price of newly listed homes for sale surged 12 percent year over year to a record high of $361,250, according to a new Redfin report.
Source: Inman News
Are sellers getting greedy? Asking prices surge to new record
Published in active listings, Analysis, asking prices, Daryl Fairweather, days on market, Markets & Economy, median sale price, new listings activity, overpricing, pending sales, price drops, Redfin, sales above asking price and seasonal slowdown
More from active listingsMore posts in active listings »
- Rising rates and home prices stifle January market: Redfin
- Rate drop leads to 3rd consecutive month of listing gains
- NAR enrollment fell in 2023. Here’s where membership rose — and why
- October saw active listings grow even as new homesellers declined
- Despite March’s home sale slump, prices grow at fastest clip since 2013
More from AnalysisMore posts in Analysis »
- Lamacchia: ‘Nothing’s changed’ about mortgage commission rules
- Luxury home prices have reached new heights: Redfin
- Floridians grapple with insurance changes as hurricane season nears
- ‘Million-dollar’ cities have spiked to a new high in the US: Report
- Nepo Babies grow up as data points to new phenomenon: Nepo Buyers
More from asking pricesMore posts in asking prices »
More from Daryl FairweatherMore posts in Daryl Fairweather »
- Floridians grapple with insurance changes as hurricane season nears
- More and more renters believe they will never own a home
- 2024 Spring Outlook: Another tight market, this time with extra anxiety
- Buyers’ market to usher in ‘season of hope’ in 2024, Redfin projects
- Intel unpacks the startling price of entry into the US housing market
More from days on marketMore posts in days on market »
- 2 buyers scramble to make a deal as the spring market sprints ahead
- NAR enrollment fell in 2023. Here’s where membership rose — and why
- The inventory recovery suffered a setback. Is it just temporary?
- Homebuyers and sellers played chicken as sales slowed in March
- Mortgage rate swing created ‘more normal’ market in December
More from Markets & EconomyMore posts in Markets & Economy »
More from median sale priceMore posts in median sale price »
More from new listings activityMore posts in new listings activity »
More from overpricingMore posts in overpricing »
More from pending salesMore posts in pending sales »
- Mortgage rates lead to biggest pending sales drop since October
- Pending home sales stagnate in November despite rate relief
- Rates keep falling, and buyers and sellers are springing into action
- Buyers continue downward spiral, but new listings may be steadying
- Pending home sales climb to 2023 high following months of declines
More from price dropsMore posts in price drops »
- Deals will hinge on negotiations this fall. Here’s how buyers’ agents win
- Agent Outlook: How will the market determine your strategy?
- Falling list prices hit pandemic hot spots hardest, new Redfin study says
- Wary sellers back off asking prices in June housing slowdown
- Is it a housing bubble? Nearly 68% of housing markets are overvalued
More from RedfinMore posts in Redfin »
More from sales above asking priceMore posts in sales above asking price »
More from seasonal slowdownMore posts in seasonal slowdown »
Be First to Comment