November Marked a New Low for Home Supply

November Marked a New Low for Home Supply

by

Home prices rose 15% from a year earlier, just shy of their all-time high.

The seasonally-adjusted number of homes for sale fell 18% year over year in November to an all-time low, sending the median sale price up 15% to $383,100. November marked the 16th consecutive month of double-digit price gains, and so far in December there are no signs of the typical seasonal slowdown in price growth that usually comes at the end of the year. Seasonally-adjusted closed home sales and new listings of homes for sale both fell from a year earlier, by 6% and 9% respectively, and the average home sold for 0.6% more than list price.

“I wish I had better news for homebuyers this holiday season, but in many ways the housing market is more challenging than ever,” said Redfin Chief Economist Daryl Fairweather. “At least buyers have the benefit of low mortgage rates. But by next year, inflation may spread to more consumer goods. So even though our new year’s forecast includes more listings and slower home-price growth, buyers may feel so pinched by other expenses that they have to reduce their housing budgets.”

Market Summary November 2021 Month-Over-Month Year-Over-Year
Median sale price $383,100 0.9% 15.1%
Homes sold, seasonally-adjusted 616,500 0.8% -5.8%
Pending sales, seasonally-adjusted 614,300 1.2% 0.8%
New listings, seasonally-adjusted 643,400 0.1% -8.7%
All Homes for sale, seasonally-adjusted 1,360,200 -2.5% -18.0%
Median days on market 22 1 -6
Months of supply 1.2 -0.2 -0.5
Sold above list 44.3% -1.5 pts 9.1 pts
Average Sale-to-list 100.6% -0.1 pts 1.1 pts
Average 30-year fixed mortgage rate 3.07% 0 pts +0.3 pts
† – ‘pts’ = percentage point change

Median sale prices increased from a year earlier in all of the 85 largest metro areas Redfin tracks. The smallest increases were in Baltimore, MD, Bridgeport, CT and Newark, NJ. The largest price increases were in Austin, TX (+31%), Phoenix, AZ (+27%) and North Port, FL (+27%).

Home Prices Up 15% in November

Seasonally-adjusted home sales in November were down 6% from a year earlier, a slightly less severe decline than the previous month. Home sales fell in 49 of the 85 largest metro areas Redfin tracks. The biggest sales declines were seen in Nassau County, NY (-21%), Bridgeport, CT (-19%) and McAllen, TX (-17%). The largest gains were in places where sales were still somewhat depressed in November 2020, including Honolulu (+31%), San Francisco (+13%) and Tulsa, OK (11%).

Seasonally Adjusted Home Sales Down 6% Year Over Year

Seasonally adjusted active listings—the count of all homes that were for sale at any time during the month—hit an all-time low in November, falling 18% year over year.

Only four of the 85 largest metros tracked by Redfin posted a year-over-year increase in the number of seasonally adjusted active listings of homes for sale: Detroit, MI (+7%), Milwaukee, WI (+4%), Austin, TX (+3%) and Tacoma, WA (+2%). The biggest year-over-year declines in active housing supply in November were in Baton Rouge, LA (-51%), Salt Lake City (-50%) and Sacramento, CA (-48%).

Seasonally Adjusted Homes for Sale Fell 18%

Seasonally adjusted new listings of homes for sale were down 9% in November from a year earlier, on par with the decline seen in October. New listings fell from a year ago in 57 of the 85 largest metro areas. The biggest declines were in Baton Rouge, LA (-55%), Salt Lake City, UT (-55%) and Allentown, PA (-52%). New listings rose the most from a year ago in Detroit, MI (+20%), Pittsburgh, PA (+11%) and Indianapolis, IN (+9%).

Seasonally Adjusted New Listings Down 9% From 2020

The housing market became less competitive in November than it was in prior months as homes spent longer on the market and were less likely to sell above list price.

The typical home that sold in November went under contract in 22 days—nearly a week faster than a year earlier, when homes sold in a median 28 days, but up seven days from the record low of 15 days in June.

Time on Market Increased to 22 Days in November

In November, 44% of homes sold above list price, down 12 percentage points from the record high in June, but up 9 percentage points from a year earlier.

44% of Homes Sold Over List Price in November

The average sale-to-list price ratio also dipped slightly in November to 100.6%, down from a record high of 102.6% in June but up from 99.5% a year earlier.

Average Sale to List Price Ratio Fell in November

Other November Highlights

Competition

Prices

Sales

Inventory

Redfin Estimate

Below are market-by-market breakdowns for prices, inventory, new listings and sales for markets with populations of 750,000 or more. For downloadable data on all of the markets Redfin tracks, visit the Redfin Data Center.

Median Sale Price

Redfin Metro Median Sale Price Month-Over-Month Year-Over-Year
Albany, NY $265,000 2.0% 10.9%
Allentown, PA $260,000 0.0% 5.5%
Anaheim, CA $927,500 0.8% 16.7%
Atlanta, GA $349,300 1.2% 23.4%
Austin, TX $478,800 3.0% 31.2%
Bakersfield, CA $325,000 -1.5% 14.0%
Baltimore, MD $330,000 -1.5% 2.3%
Baton Rouge, LA $245,400 3.1% 6.4%
Birmingham, AL $262,100 0.8% 9.7%
Boston, MA $610,000 2.5% 10.9%
Bridgeport, CT $480,000 2.1% 3.2%
Buffalo, NY $209,800 -2.4% 14.1%
Camden, NJ $265,000 0.0% 10.4%
Charleston, SC $364,400 -0.2% 12.1%
Charlotte, NC $360,400 4.1% 20.9%
Chicago, IL $290,000 0.7% 8.2%
Cincinnati, OH $241,000 0.5% 10.3%
Cleveland, OH $187,500 -1.3% 7.1%
Columbus, OH $274,900 0.9% 13.5%
Dallas, TX $381,000 0.3% 18.3%
Dayton, OH $180,000 0.0% 12.6%
Denver, CO $538,000 1.5% 17.0%
Detroit, MI $180,000 2.9% 12.5%
El Paso, TX $210,000 3.5% 16.0%
Elgin, IL $285,000 5.3% 9.3%
Fort Lauderdale, FL $360,000 2.9% 13.9%
Fort Worth, TX $323,000 0.9% 21.4%
Frederick, MD $490,000 -2.0% 8.9%
Fresno, CA $379,200 2.5% 18.5%
Grand Rapids, MI $270,000 3.1% 17.3%
Greensboro, NC $230,000 0.0% 12.2%
Greenville, SC $287,000 1.8% 16.7%
Hartford, CT $275,000 1.9% 7.8%
Houston, TX $313,300 2.7% 16.5%
Indianapolis, IN $250,000 -0.3% 11.8%
Jacksonville, FL $322,900 2.5% 20.5%
Kansas City, MO $270,000 0.0% 8.0%
Knoxville, TN $300,000 5.3% 20.7%
Lake County, IL $284,000 -0.4% 10.9%
Las Vegas, NV $394,000 3.7% 22.4%
Los Angeles, CA $815,000 0.6% 13.2%
Louisville, KY $235,000 -1.7% 6.8%
McAllen, TX $198,000 1.5% 20.0%
Memphis, TN $265,000 -0.6% 17.8%
Miami, FL $420,000 5.0% 20.0%
Milwaukee, WI $260,000 0.0% 8.3%
Minneapolis, MN $340,000 -0.1% 9.7%
Montgomery County, PA $391,000 0.4% 10.1%
Nashville, TN $397,200 -1.9% 18.6%
Nassau County, NY $580,000 0.0% 9.0%
New Brunswick, NJ $426,000 0.2% 12.1%
New Haven, CT $280,000 1.2% 12.0%
New Orleans, LA $270,500 0.2% 4.9%
New York, NY $645,000 -0.8% 10.3%
Newark, NJ $450,000 -1.1% 4.7%
North Port, FL $403,000 3.3% 27.1%
Oakland, CA $905,000 -3.2% 7.7%
Oklahoma City, OK $230,000 2.2% 9.5%
Omaha, NE $257,000 2.8% 6.4%
Orlando, FL $350,000 1.4% 19.9%
Oxnard, CA $796,000 3.2% 12.9%
Philadelphia, PA $265,000 1.9% 8.2%
Phoenix, AZ $430,000 1.2% 27.4%
Pittsburgh, PA $211,200 0.5% 10.1%
Portland, OR $514,000 -0.2% 14.2%
Providence, RI $380,000 0.3% 15.2%
Raleigh, NC $396,000 1.3% 24.5%
Richmond, VA $318,300 -0.5% 9.8%
Riverside, CA $515,000 0.8% 17.3%
Rochester, NY $183,000 -1.6% 7.6%
Sacramento, CA $550,000 1.9% 16.5%
Salt Lake City, UT $485,400 2.2% 24.5%
San Antonio, TX $305,000 0.0% 18.4%
San Diego, CA $775,000 2.0% 17.4%
San Francisco, CA $1,575,000 1.0% 12.5%
San Jose, CA $1,400,000 1.4% 16.7%
Seattle, WA $715,000 -1.4% 13.7%
St. Louis, MO $225,000 2.9% 8.0%
Tacoma, WA $505,000 -1.0% 16.1%
Tampa, FL $330,000 2.6% 22.2%
Tucson, AZ $323,800 1.2% 22.2%
Tulsa, OK $230,000 0.0% 11.7%
Honolulu, HI $685,000 -2.1% 8.7%
Virginia Beach, VA $285,000 0.0% 5.6%
Warren, MI $262,100 -1.1% 9.2%
Washington, DC $495,000 0.6% 9.6%
West Palm Beach, FL $400,000 6.7% 25.0%
Worcester, MA $365,000 2.1% 12.9%
National $383,100 0.9% 15.1%

Homes Sold

Redfin Metro Homes Sold Month-Over-Month Year-Over-Year
Albany, NY 1,069 -3.8% -3.7%
Allentown, PA 894 -10.2% -16.0%
Anaheim, CA 2,566 -8.3% -9.3%
Atlanta, GA 8,741 -6.4% -5.3%
Austin, TX 2,952 -4.2% -12.5%
Bakersfield, CA 857 -0.6% 1.4%
Baltimore, MD 4,089 -3.2% -1.0%
Baton Rouge, LA 1,008 0.4% -1.1%
Birmingham, AL 1,435 -1.8% 0.1%
Boston, MA 4,610 6.0% 0.5%
Bridgeport, CT 1,244 -6.9% -18.7%
Buffalo, NY 1,087 -21.3% -12.5%
Camden, NJ 1,741 -8.8% -4.2%
Charleston, SC 1,507 -13.5% -7.8%
Charlotte, NC 4,226 7.6% 3.5%
Chicago, IL 8,387 -6.3% 5.3%
Cincinnati, OH 2,752 -7.7% -1.6%
Cleveland, OH 2,807 -6.1% 9.3%
Columbus, OH 2,733 -12.2% 2.4%
Dallas, TX 5,447 -7.7% -6.5%
Dayton, OH 1,080 -7.2% 2.8%
Denver, CO 5,229 -4.5% 2.4%
Detroit, MI 1,869 -11.3% -3.6%
El Paso, TX 825 -4.1% -1.8%
Elgin, IL 1,048 -14.1% -10.7%
Fort Lauderdale, FL 3,004 -5.0% -6.4%
Fort Worth, TX 2,902 -2.9% 0.3%
Frederick, MD 1,719 -7.3% 1.9%
Fresno, CA 778 -6.4% 0.4%
Grand Rapids, MI 1,328 -12.0% -10.8%
Greensboro, NC 899 -13.0% 2.4%
Greenville, SC 1,229 4.4% 8.3%
Hartford, CT 1,637 -1.9% -0.8%
Houston, TX 8,534 -2.9% 2.3%
Indianapolis, IN 3,277 -1.6% 0.7%
Jacksonville, FL 2,926 -3.0% 8.3%
Kansas City, MO 3,197 -6.9% -2.3%
Knoxville, TN 1,292 -9.1% 1.6%
Lake County, IL 1,271 -4.0% -1.3%
Las Vegas, NV 4,113 6.3% 9.5%
Los Angeles, CA 6,493 -4.0% 6.0%
Louisville, KY 1,712 -10.6% -2.8%
McAllen, TX 313 -16.8% -17.4%
Memphis, TN 1,346 -6.5% -3.2%
Miami, FL 2,858 -8.8% 4.8%
Milwaukee, WI 1,932 -9.0% -1.9%
Minneapolis, MN 5,600 -8.1% -3.4%
Montgomery County, PA 2,463 -3.6% -6.9%
Nashville, TN 3,716 -1.4% 8.4%
Nassau County, NY 2,535 -15.4% -20.6%
New Brunswick, NJ 3,306 -9.4% -12.2%
New Haven, CT 1,060 -10.8% -11.3%
New Orleans, LA 1,277 6.9% -1.4%
New York, NY 6,344 -12.5% 8.6%
Newark, NJ 2,257 -3.8% -16.5%
North Port, FL 2,137 4.3% -9.4%
Oakland, CA 2,840 -2.4% 0.7%
Oklahoma City, OK 2,033 -3.9% 7.0%
Omaha, NE 1,270 -1.9% 1.4%
Orlando, FL 4,239 -3.0% 3.0%
Oxnard, CA 806 -1.5% -2.2%
Philadelphia, PA 2,304 1.6% 0.8%
Phoenix, AZ 8,229 0.4% -4.0%
Pittsburgh, PA 2,439 -1.9% 0.7%
Portland, OR 3,674 -10.3% -0.3%
Providence, RI 2,033 1.6% -4.1%
Raleigh, NC 2,394 -3.3% -3.6%
Richmond, VA 1,925 -1.9% 11.1%
Riverside, CA 5,492 -3.9% -0.3%
Rochester, NY 1,076 -17.6% -12.7%
Sacramento, CA 2,777 -5.4% -9.4%
Salt Lake City, UT 1,492 -4.1% -11.9%
San Antonio, TX 2,643 -13.9% -14.6%
San Diego, CA 3,089 -7.3% -8.0%
San Francisco, CA 1,332 -1.1% 12.7%
San Jose, CA 1,553 -7.1% 7.1%
Seattle, WA 4,495 -9.4% -0.2%
St. Louis, MO 3,763 -5.6% -1.0%
Tacoma, WA 1,532 -5.7% 1.1%
Tampa, FL 5,978 -0.8% 3.3%
Tucson, AZ 1,580 8.9% 6.5%
Tulsa, OK 1,398 -6.8% 11.4%
Honolulu, HI 946 -2.8% 31.2%
Virginia Beach, VA 2,637 -9.4% 9.6%
Warren, MI 3,684 -10.2% -3.7%
Washington, DC 6,881 -0.9% 1.9%
West Palm Beach, FL 2,805 -5.1% -7.5%
Worcester, MA 1,158 -0.4% -0.9%
National 616,500 0.8% -5.8%

New Listings

Redfin Metro New Listings Month-Over-Month Year-Over-Year
Albany, NY 877 -17.4% -3.7%
Allentown, PA 396 -43.2% -51.5%
Anaheim, CA 1,915 -21.8% -17.9%
Atlanta, GA 7,458 -20.6% -4.8%
Austin, TX 2,869 -20.5% 8.3%
Bakersfield, CA 725 -18.0% -7.1%
Baltimore, MD 3,217 -24.3% -7.0%
Baton Rouge, LA 405 -45.0% -55.2%
Birmingham, AL 1,231 -15.0% -9.5%
Boston, MA 3,361 -27.5% -4.7%
Bridgeport, CT 888 -27.1% -18.5%
Buffalo, NY 907 -24.7% 5.3%
Camden, NJ 1,441 -19.2% -14.1%
Charleston, SC 1,312 -14.9% -2.9%
Charlotte, NC 2,578 -31.6% -25.5%
Chicago, IL 6,237 -30.3% -5.8%
Cincinnati, OH 2,254 -24.1% -4.1%
Cleveland, OH 2,330 -26.0% 3.4%
Columbus, OH 2,252 -23.1% 1.8%
Dallas, TX 5,041 -14.5% 1.0%
Dayton, OH 876 -29.0% -7.7%
Denver, CO 3,502 -29.7% 1.1%
Detroit, MI 2,050 -10.3% 20.3%
El Paso, TX 753 -9.1% -5.3%
Elgin, IL 785 -23.8% 6.9%
Fort Lauderdale, FL 2,738 -16.0% -18.3%
Fort Worth, TX 2,598 -19.0% 2.9%
Frederick, MD 1,228 -30.7% -12.2%
Fresno, CA 686 -18.5% 2.8%
Grand Rapids, MI 1,007 -27.7% 1.4%
Greensboro, NC 531 -34.6% -33.3%
Greenville, SC 1,089 -18.1% 0.0%
Hartford, CT 1,234 -19.9% -9.2%
Houston, TX 8,395 -12.7% 4.3%
Indianapolis, IN 2,913 -18.7% 8.9%
Jacksonville, FL 2,582 -16.7% 4.4%
Kansas City, MO 2,433 -27.4% -8.2%
Knoxville, TN 876 -23.3% -22.1%
Lake County, IL 823 -30.8% -8.4%
Las Vegas, NV 3,389 -19.8% 1.4%
Los Angeles, CA 5,129 -26.2% -14.6%
Louisville, KY 1,530 -19.8% -0.3%
McAllen, TX 491 -6.5% 1.4%
Memphis, TN 1,382 -13.4% 6.1%
Miami, FL 3,294 -12.3% -2.7%
Milwaukee, WI 1,393 -30.9% 4.3%
Minneapolis, MN 3,600 -34.9% -0.1%
Montgomery County, PA 1,934 -19.4% 0.8%
Nashville, TN 2,831 -18.1% -9.4%
Nassau County, NY 2,217 -23.6% -16.1%
New Brunswick, NJ 2,520 -24.6% -13.3%
New Haven, CT 800 -24.1% -18.7%
New Orleans, LA 1,160 -15.0% -14.4%
New York, NY 6,227 -26.2% -7.1%
Newark, NJ 1,715 -23.7% -17.1%
North Port, FL 2,026 -8.2% -6.5%
Oakland, CA 1,773 -38.4% -18.7%
Oklahoma City, OK 1,876 -15.5% 3.1%
Omaha, NE 858 -29.3% 0.9%
Orlando, FL 3,677 -17.2% -6.0%
Oxnard, CA 555 -26.2% -12.6%
Philadelphia, PA 2,267 -20.6% -2.1%
Phoenix, AZ 7,307 -16.9% -2.5%
Pittsburgh, PA 2,067 -20.7% 11.4%
Portland, OR 2,545 -29.7% 1.6%
Providence, RI 1,628 -23.4% -4.9%
Raleigh, NC 1,882 -24.4% -3.2%
Richmond, VA 1,413 -24.1% -4.5%
Riverside, CA 4,770 -20.4% -0.5%
Rochester, NY 823 -22.2% -2.4%
Salt Lake City, UT 536 -54.5% -54.6%
San Antonio, TX 2,820 -14.7% 1.0%
San Diego, CA 2,418 -19.3% -10.4%
San Francisco, CA 639 -53.0% -31.9%
San Jose, CA 906 -35.4% -13.0%
Seattle, WA 2,855 -31.8% -4.5%
St. Louis, MO 1,778 -46.0% -39.5%
Tacoma, WA 1,091 -30.4% 3.0%
Tampa, FL 5,400 -16.1% 1.2%
Tucson, AZ 1,360 -21.6% -1.4%
Tulsa, OK 1,238 -12.1% 6.8%
Honolulu, HI 765 -16.3% -12.1%
Virginia Beach, VA 2,306 -16.9% 2.7%
Warren, MI 3,011 -23.1% 1.1%
Washington, DC 4,874 -30.0% -14.6%
West Palm Beach, FL 2,917 -7.9% -12.8%
Worcester, MA 915 -19.9% 2.0%
National 643,400 0.1% -8.7%

All Homes for Sale

Redfin Metro All Homes for Sale Month-Over-Month Year-Over-Year
Albany, NY 2,722 -12.7% -17.2%
Allentown, PA 1,365 -28.0% -38.1%
Anaheim, CA 5,172 -17.9% -39.3%
Atlanta, GA 19,328 -11.1% -21.9%
Austin, TX 8,493 -9.5% 3.5%
Bakersfield, CA 1,976 -11.7% -9.4%
Baltimore, MD 9,286 -14.1% -7.7%
Baton Rouge, LA 1,675 -24.6% -50.6%
Birmingham, AL 3,903 -9.7% -25.5%
Boston, MA 9,833 -19.3% -21.5%
Bridgeport, CT 4,106 -16.2% -31.4%
Buffalo, NY 2,124 -16.5% -3.7%
Camden, NJ 4,163 -11.6% -14.7%
Charleston, SC 4,622 -9.0% -22.5%
Charlotte, NC 8,575 -16.0% -31.0%
Chicago, IL 23,324 -16.1% -15.3%
Cincinnati, OH 7,954 -10.3% -6.8%
Cleveland, OH 7,285 -12.3% -4.7%
Columbus, OH 7,072 -12.8% -4.3%
Dallas, TX 12,558 -12.7% -24.2%
Dayton, OH 2,548 -13.9% -10.0%
Denver, CO 7,121 -24.0% -15.6%
Detroit, MI 5,821 -6.7% 7.3%
El Paso, TX 2,193 -6.9% -23.5%
Elgin, IL 2,022 -14.6% -10.6%
Fort Lauderdale, FL 10,101 -9.2% -36.4%
Fort Worth, TX 6,570 -11.6% -14.3%
Frederick, MD 3,587 -17.7% -9.0%
Fresno, CA 1,538 -12.4% -1.2%
Grand Rapids, MI 2,186 -18.6% -13.5%
Greensboro, NC 1,815 -17.9% -33.0%
Greenville, SC 3,569 -7.6% -19.5%
Hartford, CT 4,259 -14.8% -24.1%
Houston, TX 24,452 -7.8% -11.3%
Indianapolis, IN 5,924 -10.8% -10.4%
Jacksonville, FL 6,863 -10.9% -16.3%
Kansas City, MO 6,535 -17.5% -15.2%
Knoxville, TN 3,383 -13.2% -24.3%
Lake County, IL 2,847 -17.5% -20.2%
Las Vegas, NV 9,544 -9.3% -20.8%
Los Angeles, CA 17,212 -14.3% -24.7%
Louisville, KY 3,944 -10.1% -14.4%
McAllen, TX 1,723 -1.5% -16.1%
Memphis, TN 3,410 -20.2% -20.0%
Miami, FL 14,229 -6.8% -22.3%
Milwaukee, WI 6,155 -13.3% 3.8%
Minneapolis, MN 11,065 -19.4% -6.7%
Montgomery County, PA 5,249 -13.9% -12.6%
Nashville, TN 7,760 -9.4% -22.6%
Nassau County, NY 8,222 -12.4% -25.2%
New Brunswick, NJ 9,195 -13.3% -13.7%
New Haven, CT 3,269 -13.9% -21.5%
New Orleans, LA 3,394 -12.9% -23.7%
New York, NY 33,619 -8.5% -24.5%
Newark, NJ 6,742 -11.6% -21.5%
North Port, FL 3,769 -8.7% -41.2%
Oakland, CA 4,178 -26.3% -16.9%
Oklahoma City, OK 4,553 -8.6% -5.8%
Omaha, NE 1,923 -17.8% -10.0%
Orlando, FL 8,218 -13.2% -32.3%
Oxnard, CA 1,694 -17.3% -22.0%
Philadelphia, PA 8,255 -8.2% -3.5%
Phoenix, AZ 18,428 -8.7% -13.4%
Pittsburgh, PA 9,271 -8.3% -2.0%
Portland, OR 6,008 -21.0% -10.3%
Providence, RI 4,873 -11.7% -13.4%
Raleigh, NC 5,062 -13.6% -29.1%
Richmond, VA 3,076 -18.4% -16.4%
Riverside, CA 13,753 -11.4% -10.1%
Rochester, NY 1,780 -22.0% -23.8%
Sacramento, CA 4,923 -19.6% -48.0%
Salt Lake City, UT 1,596 -37.9% -50.1%
San Antonio, TX 7,661 -8.6% -16.8%
San Diego, CA 5,081 -16.5% -25.3%
San Francisco, CA 2,507 -25.0% -39.6%
San Jose, CA 2,091 -28.6% -34.3%
Seattle, WA 5,453 -27.9% -29.1%
St. Louis, MO 6,465 -25.6% -33.3%
Tacoma, WA 2,238 -21.3% 1.7%
Tampa, FL 10,737 -12.3% -24.5%
Tucson, AZ 4,361 -6.4% -7.0%
Tulsa, OK 2,843 -10.9% -12.4%
Honolulu, HI 3,050 -6.7% -19.5%
Virginia Beach, VA 5,914 -12.1% -5.8%
Warren, MI 8,227 -15.1% -6.8%
Washington, DC 15,942 -16.3% -5.7%
West Palm Beach, FL 9,019 -6.6% -38.5%
Worcester, MA 2,418 -16.0% -7.6%
National 1,360,200 -2.5% -18.0%
Avatar

Tim Ellis

Tim Ellis has been analyzing the real estate market since 2005, and worked at Redfin as a housing market analyst from 2010 through 2013 and again starting in 2018. In his free time, he runs the independently-operated Seattle-area real estate website Seattle Bubble, and produces the "Dispatches from the Multiverse" improvised comedy sci-fi podcast.

Email Tim

Find the right loan for the home you love

Join us on Twitter for more #housingmarket updates

Be the first to see the latest real estate news:

  • This field is for validation purposes and should be left unchanged.

By submitting your email you agree to Redfin’s Terms of Use and Privacy Policy

Scroll to Top