median home sale price

Housing Market

Homes Now Taking 43 Days to Sell, Marking the Slowest Summer in a Decade

Redfin reports July homes took 43 days to sell, the slowest summer pace since 2015, as pending sales hit a two-year low and prices rose 1.4% to $443,867.

August 20, 2025

A white, cutout house silhouette with windows in the foreground at sunset.

Housing Market

New Report Shows Record Low Affordability in 2023—But Hope for 2024

A new Redfin report shows homebuyers earning the national median income ($78,642) in 2023 would have spent 41.4% on housing costs for the median-priced home ($408,806), making 2023 the least affordable year on record. But there’s hope for 2024.

December 11, 2023

Screen showing a list with red 'CANCELLED' labels on each row against a dark blue background, indicating cancelled items or events.

Housing Market

60,000 Home Purchase Agreements Canceled in August

A new Redfin report shows nearly 60,000 home purchase agreements falling through in August, representing 15.7% of homes that went under contract that month—up from 14.3% a year ago and the highest fall-through rate since October 2022.

September 18, 2023

Housing Market

Redfin’s Report Reveals Largest Annual Home Price Decline in Over a Decade—But Does the Data Tell the Whole Story?

A new report from Redfin shows the median home sale price dropping 4.1% ($17,603) year over year in April—the biggest annual drop in dollar terms and the steepest annual decline in percentage terms since January 2012.

May 24, 2023

median home sale price

Homes Now Taking 43 Days to Sell, Marking the Slowest Summer in a Decade

New Report Shows Record Low Affordability in 2023—But Hope for 2024

60,000 Home Purchase Agreements Canceled in August

Redfin’s Report Reveals Largest Annual Home Price Decline in Over a Decade—But Does the Data Tell the Whole Story?

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