Redfin Reports New Listings Rise 8%, Giving the New Year’s Buyers More Homes to Choose From
Redfin (NASDAQ: RDFN) reports an 8% year-over-year increase in new listings during the four weeks ending December 29, 2024, while total homes for sale rose 10%. The median sale price reached $383,750, up 6.4% year-over-year, marking the biggest increase since October 2022. Pending sales showed a slight decline of 1.1%, with mortgage rates remaining near 7%.
The median monthly mortgage payment stood at $2,515 at a 6.91% rate, up 8.1%. Market indicators show mixed signals, with mortgage-purchase applications down 13% from two weeks earlier. Among metro areas, Milwaukee led with the highest year-over-year price increase (17.4%), while San Francisco showed the strongest growth in new listings (48%).
Redfin (NASDAQ: RDFN) riporta un aumento dell'8% anno su anno nelle nuove inserzioni durante le quattro settimane che si concludono il 29 dicembre 2024, mentre il numero totale di case in vendita è aumentato del 10%. Il prezzo di vendita mediano ha raggiunto i $383,750, in aumento del 6.4% rispetto all'anno precedente, segnando l'aumento più significativo da ottobre 2022. Le vendite in attesa hanno mostrato un lieve calo dell'1.1%, con i tassi ipotecari che rimangono vicino al 7%.
Il pagamento ipotecario mensile mediano si è attestato a $2,515 con un tasso del 6.91%, in aumento dell'8.1%. I segnali di mercato mostrano segnali misti, con le domande per l'acquisto di mutui in calo del 13% rispetto a due settimane prima. Tra le aree metropolitane, Milwaukee ha registrato il più alto aumento dei prezzi anno su anno (17.4%), mentre San Francisco ha mostrato la crescita più forte nelle nuove inserzioni (48%).
Redfin (NASDAQ: RDFN) informa un aumento del 8% en el número de nuevas listas en comparación con el año anterior durante las cuatro semanas que finalizan el 29 de diciembre de 2024, mientras que el total de casas en venta aumentó un 10%. El precio de venta mediano alcanzó los $383,750, un incremento del 6.4% con respecto al año pasado, marcando el mayor aumento desde octubre de 2022. Las ventas pendientes mostraron una ligera disminución del 1.1%, con las tasas hipotecarias manteniéndose cerca del 7%.
El pago hipotecario mensual mediano se situó en $2,515 a una tasa del 6.91%, un aumento del 8.1%. Los indicadores del mercado muestran señales mixtas, con las solicitudes de compra de hipotecas cayendo un 13% en comparación con hace dos semanas. Entre las áreas metropolitanas, Milwaukee lideró con el mayor aumento de precio interanual (17.4%), mientras que San Francisco mostró el mayor crecimiento en nuevas listas (48%).
레드핀 (NASDAQ: RDFN)은 2024년 12월 29일 종료되는 4주 동안 새로운 매물 수가 전년 대비 8% 증가했으며, 판매 중인 총 주택 수는 10% 증가했다고 보고했습니다. 중간 판매 가격은 $383,750에 이르며, 이는 전년 대비 6.4% 상승하여 2022년 10월 이후 가장 큰 증가폭을 기록했습니다. 보류 중인 판매는 1.1%의 소폭 감소를 보였고, 모기지 이율은 7% 근처에 머물러 있습니다.
중간 월 모기지 상환액은 6.91% 금리로 $2,515에 달하며, 8.1% 증가했습니다. 시장 지표는 혼합 신호를 보이고 있으며, 모기지 구매 신청은 2주 전과 비교해 13% 감소했습니다. 대도시 지역 중 밀워키가 전년 대비 가격 증가율이 가장 높았고(17.4%), 샌프란시스코는 신규 매물에서 가장 강한 성장을 보였습니다(48%).
Redfin (NASDAQ: RDFN) signale une augmentation de 8% du nombre de nouvelles annonces par rapport à l'année précédente pendant les quatre semaines se terminant le 29 décembre 2024, tandis que le total des maisons en vente a augmenté de 10%. Le prix de vente médian a atteint 383,750 $, en hausse de 6.4% par rapport à l'année précédente, marquant la plus grande augmentation depuis octobre 2022. Les ventes en attente ont montré une légère baisse de 1.1%, les taux d'hypothèque restant proches de 7%.
Le paiement hypothécaire mensuel médian s'est établi à 2,515 $ à un taux de 6.91%, en hausse de 8.1%. Les indicateurs de marché montrent des signaux mixtes, avec les demandes d'achat de prêts hypothécaires en baisse de 13% par rapport à deux semaines auparavant. Parmi les zones métropolitaines, Milwaukee a enregistré la plus forte augmentation de prix d'une année sur l'autre (17.4%), tandis que San Francisco a affiché la plus forte croissance des nouvelles annonces (48%).
Redfin (NASDAQ: RDFN) berichtet von einem Anstieg der neuen Angebote um 8% im Jahresvergleich während der vier Wochen bis zum 29. Dezember 2024, während die Gesamtzahl der zum Verkauf stehenden Immobilien um 10% gestiegen ist. Der medianen Verkaufspreis erreichte $383,750, was einem Anstieg von 6.4% im Jahresvergleich entspricht und den größten Anstieg seit Oktober 2022 markiert. Die ausstehenden Verkäufe zeigten einen leichten Rückgang von 1.1%, während die Hypothekenzinsen nahe 7% bleiben.
Die monatliche Hypothekenzahlung median lag bei $2,515 bei einem Zinssatz von 6.91%, was einem Anstieg von 8.1% entspricht. Marktindikatoren zeigen gemischte Signale, wobei die Hypothekenanträge um 13% im Vergleich zu zwei Wochen zuvor gesunken sind. Unter den Metropolregionen führte Milwaukee mit dem höchsten Preisanstieg im Jahresvergleich (17.4%), während San Francisco das stärkste Wachstum bei den neuen Angeboten (48%) aufwies.
- New listings increased 8% year-over-year
- Total housing inventory rose 10% year-over-year
- Median sale price increased 6.4%, highest since October 2022
- Increased new listings in 42 out of 50 metros
- Pending sales declined 1.1% year-over-year
- Mortgage-purchase applications down 13% from previous two weeks
- Monthly mortgage payments increased 8.1% to $2,515
- Median days on market increased by 6 days
Insights
The latest housing data reveals a complex market dynamic that warrants careful analysis. The 8% year-over-year increase in new listings and 10% rise in total inventory mark a significant shift in supply conditions, potentially easing the persistent inventory constraints that have characterized the market. However, this is counterbalanced by sustained high mortgage rates near
The median sale price of
Regional variations are particularly telling, with markets like San Francisco showing a remarkable
The market indicators present a nuanced picture of transitioning dynamics. The 4.2 months of supply approaches but remains shy of the 4-5 months range considered balanced, suggesting we're still in a seller's market, albeit a moderating one. The decline in homes sold above list price to
The
Supply increased from a year earlier to close out 2024, while pending home sales posted a small decline as mortgage rates remained near
Redfin is taking a break from analysis this week, but please see the tables below for the latest housing-market data. Redfin will be back with full commentary next week.
For Redfin economists’ takes on the housing market, please visit Redfin’s “From Our Economists” page.
Leading indicators
Indicators of homebuying demand and activity |
||||
|
Value (if applicable) |
Recent change |
Year-over-year change |
Source |
Daily average 30-year fixed mortgage rate |
|
Down from |
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) |
|
Essentially unchanged from a month earlier (as of week ending Dec. 29) |
Down
|
Redfin Homebuyer Demand Index a measure of tours and other homebuying services from Redfin agents |
Touring activity |
|
Down |
At this time last year, it was down |
ShowingTime, a home touring technology company |
Google searches for “home for sale” |
|
Up |
Down
|
Google Trends |
Key housing-market data
Redfin’s national metrics include data from 400+ |
|||
|
Four weeks ending Dec. 29, 2024 |
Year-over-year change |
Notes |
Median sale price |
|
|
Biggest increase since October 2022 |
Median asking price |
|
|
|
Median monthly mortgage payment |
|
|
|
Pending sales |
54,357 |
- |
|
New listings |
48,705 |
|
|
Active listings |
905,822 |
|
|
Months of supply |
4.2 |
+0.5 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 |
47 |
+6 days |
|
Share of homes sold above list price |
|
Down from |
|
Average sale-to-list price ratio |
|
-0.1 pt. |
|
Metro-level highlights: Four weeks ending Dec. 29, 2024
Redfin’s metro-level data includes the 50 most populous |
|||
|
Metros with biggest year-over-year increases |
Metros with biggest year-over-year decreases |
Notes |
Median sale price |
|
n/a |
Increased in all metros |
Pending sales |
|
|
Increased in 16 metros
|
New listings |
|
|
Declined in 8 metros |
To view the full report, including charts, please visit:
https://www.redfin.com/news/housing-market-update-new-listings-rise-pending-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/20250103336668/en/
Contact Redfin
Redfin Journalist Services:
Tana Kelley
press@redfin.com
Source: Redfin
FAQ
What was RDFN's year-over-year change in new listings for December 2024?
How much did RDFN's median home sale price increase in December 2024?
What was the mortgage rate impact on RDFN's monthly payments in December 2024?
Which metro area showed the highest price increase in RDFN's December 2024 report?
How did RDFN's pending sales perform in December 2024?
