‘I’ve never seen anything like this’: 580 Seattle homes have sold for $300K above ask this year

Sellers in many of America’s largest metro areas have been getting higher-than-expected offers in recent months, according to a study from Redfin. The typical home in Oakland sold for nearly 11 percent above asking price in the first half of 2021, an increase that led the nation’s 59 most populous metros, the Seattle-based brokerage found … Read more

51% of homes sold above listing price in May: Redfin

Continued inventory shortages and heightened buyer demand led to a red-hot May where nearly 60 percent of homes went under contract in two weeks. Even in the face of record-low inventory and skyrocketing median home prices, homebuyers aren’t giving up on their homeownership dreams, as evidenced by Redfin’s latest market report released on Friday. A … Read more

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