Redfin Reports U.S. Home Prices Grew 0.6% in January
U.S. home prices increased 0.6% month-over-month in January 2025, slightly higher than the 0.5% growth seen in the previous three months, according to Redfin's Home Price Index. Year-over-year, prices rose 5.4%, marking the slowest annual growth since August 2023.
Among the 50 most populous U.S. metros, 10 experienced price declines in January. Tampa, FL saw the largest drop (-1.6%), followed by Dallas (-0.9%) and Oakland, CA (-0.7%). The strongest gains were in Pittsburgh, PA (3%), Nassau County, NY (2.8%), and Philadelphia (2.6%).
Redfin Senior Economist Sheharyar Bokhari notes that current market conditions, including increased listings and longer selling times, may lead to slower price growth. Homes are selling at nearly 2% below list price, the largest discount in almost two years.
I prezzi delle case negli Stati Uniti sono aumentati dello 0,6% mese su mese a gennaio 2025, leggermente superiori alla crescita dello 0,5% registrata nei tre mesi precedenti, secondo l'Home Price Index di Redfin. Su base annua, i prezzi sono aumentati del 5,4%, segnando la crescita annuale più lenta da agosto 2023.
Tra le 50 aree metropolitane più popolose degli Stati Uniti, 10 hanno registrato cali dei prezzi a gennaio. Tampa, FL ha visto il calo più grande (-1,6%), seguita da Dallas (-0,9%) e Oakland, CA (-0,7%). I guadagni più forti si sono registrati a Pittsburgh, PA (3%), nella contea di Nassau, NY (2,8%) e a Philadelphia (2,6%).
Il senior economist di Redfin, Sheharyar Bokhari, osserva che le condizioni attuali del mercato, tra cui l'aumento delle inserzioni e tempi di vendita più lunghi, potrebbero portare a una crescita dei prezzi più lenta. Le case vengono vendute a quasi il 2% al di sotto del prezzo di listino, il più grande sconto in quasi due anni.
Los precios de las viviendas en EE. UU. aumentaron un 0.6% mes a mes en enero de 2025, ligeramente por encima del crecimiento del 0.5% observado en los tres meses anteriores, según el Home Price Index de Redfin. En comparación interanual, los precios subieron un 5.4%, marcando el crecimiento anual más lento desde agosto de 2023.
Entre las 50 áreas metropolitanas más pobladas de EE. UU., 10 experimentaron caídas de precios en enero. Tampa, FL tuvo la mayor caída (-1.6%), seguida de Dallas (-0.9%) y Oakland, CA (-0.7%). Los mayores incrementos se dieron en Pittsburgh, PA (3%), el condado de Nassau, NY (2.8%) y Filadelfia (2.6%).
El economista senior de Redfin, Sheharyar Bokhari, señala que las condiciones actuales del mercado, incluidos el aumento de listados y los tiempos de venta más largos, podrían llevar a un crecimiento más lento de los precios. Las casas se están vendiendo a casi un 2% por debajo del precio de lista, el mayor descuento en casi dos años.
미국 주택 가격이 2025년 1월에 전월 대비 0.6% 상승하여, 이전 3개월 동안의 0.5% 성장보다 약간 높은 수치를 기록했습니다. Redfin의 주택 가격 지수에 따르면, 전년 대비 가격은 5.4% 상승하여 2023년 8월 이후 가장 느린 연간 성장률을 보였습니다.
미국에서 인구가 가장 많은 50개 대도시 중 10곳이 1월에 가격 하락을 겪었습니다. 탬파, FL가 가장 큰 하락폭(-1.6%)을 기록했으며, 다음은 댈러스(-0.9%)와 오클랜드, CA(-0.7%)입니다. 가장 큰 상승폭은 피츠버그, PA (3%), 나소 카운티, NY (2.8%), 필라델피아 (2.6%)에서 나타났습니다.
Redfin의 수석 경제학자인 Sheharyar Bokhari는 현재 시장 상황, 즉 증가하는 매물과 더 긴 판매 시간이 가격 상승을 둔화시킬 수 있다고 언급했습니다. 주택은 거의 2% 낮은 가격에 판매되고 있으며, 이는 거의 2년 만에 가장 큰 할인폭입니다.
Les prix des maisons aux États-Unis ont augmenté de 0,6 % d'un mois sur l'autre en janvier 2025, légèrement supérieur à la croissance de 0,5 % observée au cours des trois mois précédents, selon l'Home Price Index de Redfin. Sur une base annuelle, les prix ont augmenté de 5,4 %, marquant la croissance annuelle la plus lente depuis août 2023.
Parmi les 50 zones métropolitaines les plus peuplées des États-Unis, 10 ont connu des baisses de prix en janvier. Tampa, FL a enregistré la plus forte baisse (-1,6 %), suivie de Dallas (-0,9 %) et d'Oakland, CA (-0,7 %). Les plus fortes hausses ont été observées à Pittsburgh, PA (3 %), dans le comté de Nassau, NY (2,8 %) et à Philadelphie (2,6 %).
Le chef économiste de Redfin, Sheharyar Bokhari, note que les conditions actuelles du marché, notamment l'augmentation des annonces et des délais de vente plus longs, pourraient entraîner une croissance des prix plus lente. Les maisons se vendent à près de 2 % en dessous du prix affiché, le plus grand rabais en près de deux ans.
Die Immobilienpreise in den USA sind im Januar 2025 im Vergleich zum Vormonat um 0,6% gestiegen, was leicht über dem Wachstum von 0,5% in den drei Vormonaten liegt, laut dem Home Price Index von Redfin. Im Jahresvergleich stiegen die Preise um 5,4%, was das langsamste jährliche Wachstum seit August 2023 markiert.
Unter den 50 bevölkerungsreichsten US-Metropolen erlebten 10 im Januar Preisrückgänge. Tampa, FL verzeichnete den größten Rückgang (-1,6%), gefolgt von Dallas (-0,9%) und Oakland, CA (-0,7%). Die stärksten Zuwächse gab es in Pittsburgh, PA (3%), Nassau County, NY (2,8%) und Philadelphia (2,6%).
Der Senior Economist von Redfin, Sheharyar Bokhari, merkt an, dass die aktuellen Marktbedingungen, einschließlich zunehmender Angebote und längerer Verkaufszeiten, zu einem langsameren Preisanstieg führen könnten. Häuser werden mit fast 2% unter dem Listenpreis verkauft, dem größten Rabatt seit fast zwei Jahren.
- Monthly home price growth accelerated to 0.6% in January
- Year-over-year price growth remains positive at 5.4%
- Some markets showed strong gains, with Pittsburgh leading at 3% monthly growth
- Year-over-year price growth slowed to lowest pace since August 2023
- 20% of major metros experienced price declines
- Homes selling at 2% below list price, largest discount in nearly two years
- Market showing signs of slowdown with increased inventory and longer selling times
Insights
The latest Redfin Home Price Index reveals subtle but significant shifts in the U.S. housing market dynamics. The 0.6% monthly price growth in January, while modest, represents an acceleration from the consistent 0.5% increases observed in previous months. However, the 5.4% year-over-year growth reaching its slowest pace since August 2023 signals a gradual market normalization.
The growing spread between list and sale prices, with properties selling at nearly 2% below asking, represents the largest discount in two years and indicates a strategic shift in market dynamics. This widening price gap suggests buyers are gaining more negotiating power, a significant departure from the seller-dominated market of recent years.
Regional variations paint a nuanced picture of market conditions. The fact that 20% of major metros experienced price declines highlights the localized nature of real estate trends. Notable contrasts between markets like Tampa's 1.6% decline and Pittsburgh's 3% gain reflect diverging local economic conditions and migration patterns.
The combination of increasing inventory levels and longer days-on-market suggests a potential market inflection point. This shift, coupled with the growing list-to-sale price discounts, indicates the market may be entering a more balanced phase, though still far from a buyer's market. The data suggests a gradual cooling rather than a sharp correction, with price growth likely to moderate further as the market adjusts to evolving supply-demand dynamics.
On a year-over-year basis, prices rose
The last month that home prices grew at a quicker pace was November 2023 (
On a year-over-year basis, home prices rose
While home prices grew slightly faster in January than previous months, that speed may not continue for long, according to Redfin Senior Economist Sheharyar Bokhari.
“Price growth in January mainly relates to homes that went under contract in December. Since then we have seen a slowdown in sales, along with an uptick in homes being listed,” he said. “That’s likely to lead to slightly slower price growth moving forward because not only are homes sitting longer on the market, when they do go under contract, they are selling at nearly
Metro-Level Summary: Redfin Home Price Index, January 2025
Ten (
The biggest decline in January was in
To view the full report, including a chart and additional metro-level data, please visit: https://www.redfin.com/news/home-price-index-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
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/20250218121240/en/
Contact Redfin
Redfin Journalist Services:
Angela Cherry
press@redfin.com
Source: Redfin
FAQ
What was the month-over-month home price change for RDFN's Home Price Index in January 2025?
Which U.S. metro area showed the biggest home price decline in January 2025 according to RDFN?
What was the year-over-year home price growth rate in January 2025 according to RDFN?
How many of the 50 most populous U.S. metros saw home price declines in January 2025 per RDFN data?
What is the average discount from list price for homes according to RDFN's January 2025 report?
