Hey Friends,
Welcome to Fun Fact Friday – Redfin Edition! I’ve got 4 fun facts for you based on their current stats. I hope you have a great weekend!
Blessings,
Andrew
Fun Fact 1:
In March 2025, U.S. home prices were up 2.5% compared to last year, selling for a median price of $431,057.
Source: Redfin (Based on calculations of home data from MLS and/or public records.)
Fun Fact 2:
In March 2025, there were 1,811,486 homes for sale in the United States, up 15.0% year over year. The number of newly listed homes was 613,183 and up 8.5% year over year. The median days on the market was 47 days and the average months of supply is 3 months.
Source: Redfin
Fun Fact 3:
In March 2025, 27.0% of homes in the U.S. sold above list price, down 2.9 points year over year. There were only 19.7% of homes that had price drops, up from 14.0% of homes in March last year. There was a 98.8% sale-to-list price, down 0.39 points year over year.
Source: Redfin
Fun Fact 4:
These are the top 10 most competitive cities in the U.S. for real estate right now according to Redfin.
Source: Redfin
Quote I’m pondering:
“It doesn’t matter how fast you move if it’s in a worthless direction.” -Sam Altman
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Disclaimer: All information provided is for educational purposes only and does not constitute investment, legal or tax advice, an offer to buy or sell any security, or to buy or sell real estate property. Read our full disclosures HERE.