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Redfin Corp Stock Price, News & Analysis

RDFN Nasdaq

Welcome to our dedicated page for Redfin news (Ticker: RDFN), a resource for investors and traders seeking the latest updates and insights on Redfin stock.

Redfin Corporation (RDFN) combines technology and local expertise to modernize residential real estate services. This news hub provides investors and industry observers with essential updates about the company’s evolving business strategy, financial performance, and market position.

Track key developments through official press releases, SEC filings, and verified news coverage. Users will find timely updates on earnings reports, strategic partnerships, technology innovations, and operational milestones that shape Redfin’s role in the proptech sector.

This centralized resource offers curated information about Redfin’s core services including brokerage operations, mortgage solutions, and title services. Content is organized to help stakeholders monitor regulatory developments, leadership changes, and competitive positioning within real estate markets nationwide.

Bookmark this page for efficient access to Redfin’s latest corporate announcements. Check back regularly to stay informed about critical updates affecting one of real estate’s most technology-forward brokerage platforms.

News

May’s 10 Most Expensive Home Sales

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Redfin (NASDAQ: RDFN) has released a report detailing May's most expensive home sales, with a $110 million Bel Air estate topping the list. The top 10 sales were concentrated in three regions: Southern California (4 properties), Florida (4 properties), and Manhattan (2 properties), with all homes selling for over $30 million.

The report also highlights current luxury listings, with Florida dominating the market. The two most expensive active listings are Florida oceanfront estates priced at $285 million and $210 million respectively. All top 10 current listings are priced above $125 million, with extended market times exceeding 120 days compared to the typical 38-day U.S. home sale period.

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U.S. Home Prices Edged Down 0.1% in May, Only the Fourth Monthly Drop in the Past Decade

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Redfin (NASDAQ: RDFN) reports that U.S. home prices decreased 0.1% in May 2025 on a seasonally adjusted basis, marking only the fourth monthly decline in the past decade. The year-over-year price growth slowed to 3.6%, dropping below 4% for the first time since July 2023.

The cooling market is characterized by sellers outnumbering buyers, with only 31.2% of homes selling above asking price in May - the lowest May share in five years. Among the 50 most populous metros, 32 areas experienced price declines, with Charlotte (-2.7%), San Francisco (-1.3%), and Seattle (-1.3%) showing the largest drops. Conversely, five major metros maintained double-digit annual growth, led by New York at 12.4%.

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Redfin Reports 6% of Today’s Home Sellers Are at Risk of Selling at a Loss

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Redfin Reports Home Prices Grow at Slowest Pace in Nearly Two Years

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Redfin (RDFN) reports that U.S. home prices grew at their slowest pace in nearly two years, with a modest 0.7% year-over-year increase in May 2025. The median sale price reached $440,997, the highest May figure since records began in 2012. Home sales are slowing due to high mortgage rates near 7% and economic uncertainty, with homes taking 38 days to sell - the slowest May pace since 2020. Active listings increased 16.2% year-over-year, while new listings grew only 2.9%. Purchase cancellations hit a record May high at 14.6%. Price declines are already occurring in major markets like Oakland (-6.7%), Jacksonville (-5.2%), and Dallas (-4.6%). The market shift favors buyers, with only 31.2% of homes selling above asking price, the lowest May share in five years.
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Redfin Reports U.S. Home Prices Hit All-Time High

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Redfin (RDFN) reports that U.S. median home-sale prices reached a record high of $396,500 in the four weeks ending June 15, 2025, up 1% year-over-year. Despite the record prices, the market shows signs of cooling with homes selling at a 6% discount to the median asking price of $422,238. This represents a significant shift from 2021-2022's seller's market. New listings increased 4.4% year-over-year, while total listings rose 14.5%. Pending sales declined 1.5%, reflecting weaker homebuying demand due to economic uncertainty and high housing costs. The median monthly mortgage payment stands at $2,820, just $53 below its all-time high. Market conditions now favor buyers, with more sellers than buyers, leading Redfin economists to predict potential price declines by year-end.
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Redfin Survey: 1 in 3 Baby Boomers Say They’ll Never Sell Their Home

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A new Redfin survey reveals that 33.5% of baby boomer homeowners plan to never sell their homes, while an additional 30% won't sell for at least a decade. The trend is even more pronounced among the Silent Generation, with 44.6% planning to never sell. This contrasts with younger generations, as only 25% of Gen Xers and 21% of millennials/Gen Zers express the same intention. The primary reason (55%) boomers stay put is satisfaction with their current home, followed by financial factors: 30% have nearly or fully paid off their homes, 16% cite high home prices, and 8% want to keep their low mortgage rates. With home prices up 40% since pre-pandemic and mortgage rates near 7%, 31% of boomer homeowners acknowledge they couldn't afford their current homes in today's market. This retention of homes, particularly single-family properties (88% of boomer-owned homes), impacts housing availability for younger buyers with families.
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Redfin and Thumbtack Team Up to Help Homeowners Find the Right Professional for Every Project

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Redfin (NASDAQ: RDFN) has partnered with Thumbtack to provide homeowners easy access to home improvement services through Redfin's Owner Dashboard. The integration connects Redfin users with Thumbtack's network of 300,000 local service professionals for various home maintenance and improvement projects. Homeowners can browse services, read reviews, get cost estimates, and book professionals directly through their Redfin dashboard. The partnership aims to help sellers prepare homes for an increasingly selective buyer's market and assist homeowners with ongoing maintenance. The feature is available on Redfin.com and Android app, allowing users to search for services ranging from house cleaning to HVAC maintenance using Thumbtack's AI-powered matching system.
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Homebuyers’ Down Payments Are Shrinking for the First Time in Almost Two Years as Housing Market Cools

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Redfin (RDFN) reports that U.S. homebuyers' typical down payment has decreased to $62,468, marking a 1% year-over-year decline - the first annual drop in nearly two years. The median down payment percentage remains stable at 15% of the purchase price, compared to 15.1% a year ago. FHA and VA loans are gaining popularity, with FHA loans accounting for 15.3% of mortgaged sales (up from 14.2%) and VA loans at 7.2% (up from 6.4%). All-cash purchases represent 30.7% of home sales, slightly down from 31.6% last year. Despite a 1.4% increase in home prices, the market shows signs of cooling with sellers outnumbering buyers. High mortgage rates near 7% and economic uncertainty are driving buyers toward more affordable homes and alternative financing options.
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Redfin Survey: Americans Are Torn on How Immigration, Tariffs Impact Housing Affordability

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A Redfin survey reveals divided opinions on how immigration and tariffs affect housing affordability. The survey of 4,000 U.S. homeowners and renters shows that 51.2% believe reduced immigration could increase home prices due to fewer construction workers, while 38.5% think it could improve affordability by reducing housing demand. On tariffs, 67.9% believe they will drive price inflation and keep interest rates high, while 34.7% think tariffs will boost the U.S. economy and housing affordability. Political affiliation significantly influences these views, with Democrats more likely to see immigration as beneficial for housing affordability (67.1% vs 38.7% Republicans). The study also found that 43.1% of respondents are worried about tariffs' impact on local housing markets, while 33.1% remain hopeful. Regarding immigration's economic effects, 40.7% feel hopeful about deportations/fewer immigrants, while 26.3% express concern.
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Redfin Reports Just 28% of Homes Are Selling Above Asking Price, The Lowest Springtime Level Since 2020

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Redfin (RDFN) reports a significant shift in the U.S. housing market towards buyers' favor, with only 28% of homes selling above asking price, down from 32% a year ago and marking the lowest springtime level since 2020. The median sale price of $397,000 represents a 7% discount from the median list price of $425,950. Pending home sales have decreased 1.1% year-over-year, while new listings are up 5.2%. The market shows clear signs of buyer negotiating power, with homes taking longer to sell and mortgage rates near 7%. Despite challenging affordability conditions, with the median monthly housing payment just $29 below its record high, buyers have opportunities to negotiate better deals and concessions from sellers. The market shift is particularly pronounced in cities like San Jose, Anaheim, and Oakland, which saw the largest declines in above-asking sales.
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FAQ

What is the current stock price of Redfin (RDFN)?

The current stock price of Redfin (RDFN) is $11.3 as of June 25, 2025.

What is the market cap of Redfin (RDFN)?

The market cap of Redfin (RDFN) is approximately 1.3B.
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Redfin Corp

Nasdaq:RDFN

RDFN Rankings

#2293 Ranked by Market Cap
N/A Ranked by Dividends

RDFN Stock Data

1.33B
122.81M
4.21%
59.37%
14.98%
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