Redfin Reports the Top 10 Most-Viewed Online Home Listings of January

Rhea-AI Summary

Redfin's most-viewed home listings in January 2024 were predominantly located in tech hubs, with 7 out of 10 properties in the Bay Area and 2 in Seattle's eastside suburbs. Nine of these listings were priced above $1 million, with five exceeding $2 million, significantly higher than the U.S. median home-sale price of $430,000.

The top viewed properties included homes in San Jose ($1.49M), Dublin ($1.29M), Fremont ($544K), Bellevue ($1.05M), and Pacific Palisades ($24.5M). Notable listings in tech-centric areas included properties in Los Altos near Tesla's offices and Palo Alto near Meta's headquarters.

According to Redfin Premier agent Josh Felder, move-in ready homes between San Francisco and San Jose priced $1-3 million are selling quickly, especially in good school districts. The high viewing numbers are attributed to inventory scarcity, return-to-office mandates from major tech employers like Amazon, and the regions' high-income demographics.

Most of Redfin.com’s most-viewed listings have two things in common: They’re located in tech hubs, and they’re expensive.

SEATTLE--(BUSINESS WIRE)-- (NASDAQ: RDFN) — Seven of Redfin.com’s 10 most-viewed home listings in January were in the Bay Area, specifically the East Bay and neighborhoods near San Jose, and two were in Seattle’s eastside suburbs. That is according to a new report from Redfin (redfin.com), the technology-powered real estate brokerage.

One of the most-viewed homes was in the Los Angeles neighborhood of the Pacific Palisades, which attracted a lot of attention in January due to the devastating wildfires that swept through the area.

Nine of the 10 most-viewed listings are priced at more than $1 million, and five are priced at more than $2 million. That’s well over the median U.S. home-sale price of roughly $430,000.

Here are the 10 most-viewed listings on Redfin.com in January:

1. 1171 Ironstone Ct., San Jose, CA 95132: Listed for $1,497,000
2. 7307 Kolb Pl., Dublin, CA 94568: Listed for $1,297,000
3. 3558 Sequoia Common, Fremont, CA 94536: Listed for $544,841
4. 14638 SE 22nd St., Bellevue, WA 98007: Listed for $1,050,000
5. 1051 Vista Grande Dr., Pacific Palisades, CA 90272: Listed for $24,500,000
6. 553 San Luis Ave., Los Altos, CA 94024: Listed for $3,375,000
7. 1336 Petal Way, San Jose, CA 95129: Listed for $2,395,000
8. 1424 172nd Pl. NE, Bellevue, WA 98008: Listed for $1,299,950
9. 28 Alma Ct., Los Altos, CA 94022: Listed for $4,800,000
10. 2110 Hanover St., Palo Alto, CA 94306: Listed for $2,199,888

There are several possible reasons Silicon Valley and the Seattle area dominate the list of most popular listings. Redfin agents in the Bay Area and Seattle report that although inventory is improving, there’s still a scarcity of desirable homes that don’t require renovation. That results in more attention for the limited number of attractive listings—especially when they’re relatively affordable, which in those places might mean they’re listed for $1.5 million or so.

“Any move-in ready home located between San Francisco and San Jose that’s priced between $1 million and $3 million and has at least three bedrooms and two bathrooms is flying off the shelves, especially if it’s in a desirable school district,” said Josh Felder, a Redfin Premier agent in the Bay Area. “Even homes priced between $3 million and $5+ million are getting multiple offers if they’re updated and in a hot neighborhood. That’s because there are so few options and so many well-qualified buyers. It's business as usual on the San Francisco Bay Area Peninsula.”

Additionally, major tech employers are demanding workers return to the office, which could be bringing high homebuying demand to those areas. Amazon’s full-time return-to-office mandate took effect in January, with roughly 12,000 workers expected to return to the company’s Bellevue office alone. It’s a similar story in the Bay Area; two of the most-viewed listings are in Los Altos, near one of Tesla’s main offices, and one is in Palo Alto, near Meta’s headquarters.

Finally, it’s worth noting that those West Coast areas are both among the 15 most populous U.S. metro areas—meaning listings naturally attract a lot of eyes—and they’re both among the seven highest-income metro areas in the country.

To view the full report, please visit: https://www.redfin.com/news/most-viewed-online-listings-january-2025

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 $1.6 billion in commissions. We serve approximately 100 markets across the U.S. and Canada and employ over 4,000 people.

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/20250211686096/en/

Contact Redfin

Redfin Journalist Services:

Ally Forsell, 206-588-6863

press@redfin.com

Source: Redfin

FAQ

What was the price range of Redfin's (RDFN) most-viewed listings in January 2024?

Nine out of the ten most-viewed listings were priced above $1 million, with five properties exceeding $2 million. The most expensive listing was in Pacific Palisades at $24.5 million, while the most affordable was in Fremont at $544,841.

Which cities dominated Redfin's (RDFN) top 10 most-viewed listings in January 2024?

Seven of the ten most-viewed listings were in the Bay Area (including San Jose, Dublin, Fremont, Los Altos, and Palo Alto), two were in Bellevue, Washington, and one was in Pacific Palisades, Los Angeles.

How are tech company office locations influencing Redfin's (RDFN) most-viewed listings?

Popular listings were concentrated near major tech offices, with properties near Tesla's offices in Los Altos and Meta's headquarters in Palo Alto receiving high viewer interest, particularly as companies implement return-to-office mandates.

What factors are driving high viewer interest in Bay Area listings on Redfin (RDFN)?

High viewer interest is driven by scarcity of move-in ready homes, return-to-office mandates from tech companies, the region's large population, and high-income demographics. Move-in ready homes in desirable school districts are particularly sought after.