{"id":499691,"date":"2021-05-28T08:04:03","date_gmt":"2021-05-28T12:04:03","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/over-half-of-homes-are-selling-above-list-price-up-from-1-in-4-a-year-ago\/"},"modified":"2021-05-28T08:04:03","modified_gmt":"2021-05-28T12:04:03","slug":"over-half-of-homes-are-selling-above-list-price-up-from-1-in-4-a-year-ago","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/over-half-of-homes-are-selling-above-list-price-up-from-1-in-4-a-year-ago\/","title":{"rendered":"Over Half of Homes Are Selling Above List Price, Up From 1 in 4 a Year Ago"},"content":{"rendered":"
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Redfin reports home prices keep soaring as pending sales and new listings start a typical seasonal decline<\/h2>\n

PR Newswire<\/p>\n<\/p><\/div>\n

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\n SEATTLE<\/span>, May 28, 2021<\/span> \/PRNewswire\/ —\u00a0(NASDAQ: RDFN) \u2014 A record high of 51% of homes sold for more than their list price\u2014up from 26% the same period a year earlier\u2014according to a new report<\/a><\/u> from Redfin (redfin.com<\/a><\/u>), the technology-powered real estate brokerage. <\/p>\n

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\n \"Redfin
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Below are other key housing market takeaways for more than 400 U.S. metro areas during the 4-week period ending May 23<\/span>, unless otherwise noted. <\/p>\n

Note that at this time last year, pandemic stay-at-home orders halted homebuying and selling, which makes year-over-year comparisons unreliable for select housing metrics. As such, Redfin has broken this report into two sections: metrics that are OK to compare to the same period in 2020, and metrics for which it makes more sense to compare to the same period in 2019.<\/p>\n

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\n Metrics to compare to 2020:<\/b>
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