Redfin Reports Home Tours Rise Modestly to Start 2025, But That Hasn’t Translated to More Sales
Redfin's latest housing market report shows mixed signals at the start of 2025. The company's Homebuyer Demand Index recorded a 2% increase in tours and buying services both month-over-month and year-over-year. However, this hasn't translated into sales, with pending home sales falling 3.1% year-over-year.
The market is seeing daily average mortgage rates hit a seven-month high of 7.17%, while new listings decreased by 2.5%. Despite challenges, active listings are up 10.6% with the median sale price at $379,988, representing a 5.5% increase year-over-year. The median monthly mortgage payment stands at $2,525 at a 6.91% rate.
Regional variations are significant, with Milwaukee leading price increases at 19.5%, while Austin showed a 1% decline. Only 22.1% of homes sold above list price, down from 24% the previous year.
Il rapporto più recente sul mercato immobiliare di Redfin mostra segnali misti all'inizio del 2025. L'Indice di Domanda per Acquirenti della compagnia ha registrato un aumento del 2% nelle visite e nei servizi di acquisto sia rispetto al mese precedente che all'anno precedente. Tuttavia, questo non si è tradotto in vendite, con le vendite di case in attesa che sono calate del 3,1% rispetto all'anno scorso.
Il mercato sta osservando un tasso medio dei mutui che ha raggiunto un massimo di sette mesi del 7,17%, mentre le nuove inserzioni sono diminuite del 2,5%. Nonostante le difficoltà, le inserzioni attive sono aumentate del 10,6% con il prezzo medio di vendita a $379,988, rappresentando un incremento del 5,5% rispetto all'anno precedente. Il pagamento mensile medio del mutuo è di $2,525 con un tasso del 6,91%.
Le variazioni regionali sono significative, con Milwaukee in testa agli aumenti di prezzo con un +19,5%, mentre Austin ha mostrato un calo dell'1%. Solo il 22,1% delle case è stato venduto a un prezzo superiore a quello richiesto, in calo rispetto al 24% dell'anno scorso.
El informe más reciente sobre el mercado de vivienda de Redfin muestra señales mixtas al inicio de 2025. El Índice de Demanda de Compradores de la empresa registró un aumento del 2% en visitas y servicios de compra tanto en comparación mensual como interanual. Sin embargo, esto no se ha traducido en ventas, con las ventas de casas pendientes cayendo un 3,1% interanualmente.
El mercado está viendo tasas hipotecarias promedio diarias alcanzar un máximo de siete meses del 7,17%, mientras que las nuevas listas disminuyeron un 2,5%. A pesar de los desafíos, las listas activas están arriba un 10,6% con el precio medio de venta en $379,988, lo que representa un aumento del 5,5% interanual. El pago mensual medio de la hipoteca se sitúa en $2,525 con una tasa del 6,91%.
Las variaciones regionales son significativas, siendo Milwaukee la que lidera los aumentos de precios con un 19,5%, mientras que Austin mostró una caída del 1%. Solo el 22,1% de las casas se vendió por encima del precio de lista, en comparación con el 24% del año anterior.
레드핀의 최신 주택 시장 보고서는 2025년 시작과 관련하여 혼합 신호를 보여줍니다. 회사의 주택 구매자 수요 지수는 월간 및 연간 기준으로 2% 증가한 투어 및 구매 서비스를 기록했습니다. 그러나 이는 판매로 이어지지 않았으며, 연간 기준으로 미결 주택 판매가 3.1% 감소했습니다.
시장에서는 평균 주택 담보 대출 금리가 7개월 만에 최고치인 7.17%에 도달했고, 신규 목록은 2.5% 감소했습니다. 도전 과제가 있음에도 불구하고, 활성 목록은 10.6% 증가했으며, 중간 판매 가격은 $379,988로 연간 기준으로 5.5% 증가한 수치입니다. 중간 월별 주택 담보 대출 상환액은 6.91% 금리로 $2,525입니다.
지역별 차이는 상당하며, 밀워키가 19.5%의 가격 상승을 기록한 반면, 오스틴은 1% 감소세를 보였습니다. 판매된 주택의 22.1%만이 목록 가격 이상으로 판매되었으며, 이는 지난해의 24%에서 감소한 수치입니다.
Le dernier rapport de Redfin sur le marché du logement montre des signaux mitigés au début de 2025. L'Indice de Demande des Acheteurs de la société a enregistré une augmentation de 2% des visites et des services d'achat tant d'un mois sur l'autre que d'une année sur l'autre. Cependant, cela ne s'est pas traduit par des ventes, avec les ventes de maisons en attente chutant de 3,1% d'une année sur l'autre.
Le marché voit des taux hypothécaires moyens quotidiens atteindre un maximum de sept mois de 7,17%, tandis que les nouvelles annonces ont diminué de 2,5%. Malgré les défis, les annonces actives sont en hausse de 10,6%. Le prix de vente médian est de $379,988, représentant une augmentation de 5,5% d'une année sur l'autre. Le paiement hypothécaire mensuel médian est de $2,525 avec un taux de 6,91%.
Les variations régionales sont significatives, Milwaukee menant les augmentations de prix avec 19,5%, tandis qu'Austin a montré un déclin de 1%. Seules 22,1% des maisons ont été vendues au-dessus du prix demandé, en baisse par rapport à 24% l'année précédente.
Der neueste Bericht von Redfin über den Wohnungsmarkt zeigt zu Beginn des Jahres 2025 gemischte Signale. Der Homebuyer Demand Index des Unternehmens verzeichnete einen Anstieg von 2% bei Besichtigungen und Kaufdienstleistungen sowohl im Vergleich zum Vormonat als auch im Jahresvergleich. Dies hat sich jedoch nicht in Verkäufen niedergeschlagen, da die ausstehenden Verkäufe von Immobilien um 3,1% im Jahresvergleich gesunken sind.
Der Markt sieht durchschnittliche Hypothekenzinsen, die einen Siebenmonatshöchststand von 7,17% erreicht haben, während die neuen Angebote um 2,5% zurückgingen. Trotz der Herausforderungen sind die aktiven Angebote um 10,6% gestiegen, wobei der Medianverkaufspreis bei $379,988 liegt, was einem Anstieg von 5,5% im Jahresvergleich entspricht. Die monatliche Medianhypothekenzahlung beträgt $2,525 bei einem Zinssatz von 6,91%.
Regionale Unterschiede sind signifikant, wobei Milwaukee die Preiserhöhungen mit 19,5% anführt, während Austin einen Rückgang von 1% verzeichnete. Nur 22,1% der verkauften Immobilien gingen über dem Listenpreis weg, ein Rückgang gegenüber 24% im Vorjahr.
- Active listings increased 10.6% year-over-year
- Median sale price rose 5.5% to $379,988
- Homebuyer Demand Index up 2% both monthly and yearly
- Some markets showing strong growth (Milwaukee +19.5%, Cleveland +17.1%)
- Pending home sales declined 3.1% year-over-year
- New listings decreased 2.5%, largest decline in over a year
- Mortgage rates reached seven-month high of 7.17%
- Share of homes sold above list price dropped to 22.1% from 24%
- Mortgage purchase applications down 15% year-over-year
Insights
The housing market is showing mixed signals at the start of 2025. While Redfin's Homebuyer Demand Index indicates a modest
The market's current dynamics are particularly noteworthy: mortgage rates at
Regional variations are striking, with Milwaukee showing a remarkable
The current mortgage rate environment is creating a complex market psychology. With rates at
The market is experiencing a notable shift in buyer behavior: some are accepting current rates as the new normal, while others are entering the market despite high rates, fearing further price appreciation. This split response explains the divergence between increased touring activity and decreased transaction volume. The
More house hunters are hitting the pavement as the new year starts, but pending home sales are down as daily average mortgage rates hit a seven-month high
There are several reasons a few more buyers are out there: Some have accepted high mortgage rates; daily average rates hit a seven-month high this week and they’re unlikely to decline significantly soon. Some are jumping into the market now that the holidays have passed and a new year has begun, and some are taking advantage of the fact that there are more homes on the market than there have been over the last few years.
“Three of the four offers my clients have made in the last week have competed against other offers with competitive terms, like waiving all contingencies and releasing earnest money early. Some homes are getting multiple offers within 24 hours of hitting the market,” said Emily Lam, a Redfin Premier agent in the
Nationwide, the small increase in tours hasn’t yet translated to an uptick in sales. Pending home sales fell
On the selling side, new listings are down
For Redfin economists’ takes on the housing market, please visit Redfin’s “From Our Economists” page.
Leading indicators |
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Indicators of homebuying demand and activity |
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|
Value (if applicable) |
Recent change |
Year-over-year change |
Source |
Daily average 30-year fixed mortgage rate |
|
Highest level since May |
Up from |
Mortgage News Daily |
Weekly average 30-year fixed mortgage rate |
|
Highest level since July |
Up from |
Freddie Mac |
Mortgage-purchase applications (seasonally adjusted) |
|
Down |
Down |
Mortgage Bankers Association |
Redfin Homebuyer Demand Index (seasonally adjusted) |
|
Up |
Up
|
Redfin Homebuyer Demand Index, a measure of tours and other homebuying services from Redfin agents |
Google searches for “home for sale” |
|
Up |
Down
|
Google Trends |
Key housing-market data |
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|
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Redfin’s national metrics include data from 400+ |
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|
Four weeks ending Jan. 5, 2025 |
Year-over-year change |
Notes |
Median sale price |
|
|
|
Median asking price |
|
|
|
Median monthly mortgage payment |
|
|
|
Pending sales |
50,445 |
- |
Biggest decline since September |
New listings |
44,519 |
- |
Biggest decline in over a year |
Active listings |
892,364 |
|
|
Months of supply |
4.3 |
+0.3 pts. |
4 to 5 months of supply is considered balanced, with a lower number indicating seller’s market conditions. |
Share of homes off market in two weeks |
|
Down from |
|
Median days on market |
49 |
+6 days |
|
Share of homes sold above list price |
|
Down from |
|
Average sale-to-list price ratio |
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Essentially unchanged |
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Metro-level highlights: Four weeks ending Jan. 5, 2025
Redfin’s metro-level data includes the 50 most populous |
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Metros with biggest year-over-year increases |
Metros with biggest year-over-year decreases |
Notes |
Median sale price |
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Declined in 1 metro |
Pending sales |
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Increased in 9 metros
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New listings |
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Increased in 13 metros |
To view the full report, including charts, please visit:
https://www.redfin.com/news/housing-market-update-home-tours-increase-sales-fall
About Redfin
Redfin (www.redfin.com) is a technology-powered real estate company. We help people find a place to live with brokerage, rentals, lending, and title insurance services. We run the country's #1 real estate brokerage site. Our customers can save thousands in fees while working with a top agent. Our home-buying customers see homes first with on-demand tours, and our lending and title services help them close quickly. Our rentals business empowers millions nationwide to find apartments and houses for rent. Since launching in 2006, we've saved customers more than
Redfin’s subsidiaries and affiliated brands include: Bay Equity Home Loans®, Rent.™, Apartment Guide®, Title Forward® and WalkScore®.
For more information or to contact a local Redfin real estate agent, visit www.redfin.com. To learn about housing market trends and download data, visit the Redfin Data Center. To be added to Redfin's press release distribution list, email press@redfin.com. To view Redfin's press center, click here.
View source version on businesswire.com: https://www.businesswire.com/news/home/20250109998106/en/
Contact Redfin
Redfin Journalist Services:
Tana Kelley
press@redfin.com
Source: Redfin
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