{"id":994804,"date":"2026-08-13T08:25:00","date_gmt":"2026-08-13T12:25:00","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/redfin-reports-u-s-pending-home-sales-new-listings-show-flickers-of-life-to-start-august\/"},"modified":"2026-08-13T08:25:00","modified_gmt":"2026-08-13T12:25:00","slug":"redfin-reports-u-s-pending-home-sales-new-listings-show-flickers-of-life-to-start-august","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/redfin-reports-u-s-pending-home-sales-new-listings-show-flickers-of-life-to-start-august\/","title":{"rendered":"Redfin Reports U.S. Pending Home Sales, New Listings Show Flickers of Life to Start August"},"content":{"rendered":"
\n

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

\n

\n The housing market is gaining slight momentum as the summer winds down, but demand remains subdued overall<\/i>\n <\/p>\n

\n SEATTLE<\/span>, Aug. 13, 2026<\/span> \/PRNewswire\/ — U.S. pending home sales edged up 0.4% week over week during the four weeks ending August 9 on a seasonally adjusted basis, offering a small boost to this summer’s sluggish housing market. That’s according to a new report<\/a>\u00a0from Redfin<\/a>, the real estate brokerage powered by Rocket. Mortgage-purchase applications rose 3% week over week.<\/p>\n

\n

\n \"Redfin,\n <\/p>\n<\/p><\/div>\n

Pending sales are still at their second-lowest level since March, and the latest weekly uptick may reflect normal week-to-week changes rather than a meaningful shift in momentum. On a year-over-year basis, pending sales are down 1.6%.<\/p>\n

Many would-be homebuyers are still on the sidelines, largely because mortgage rates are high: The weekly average mortgage rate is 6.69%, its highest level in over a year, pushing the median monthly housing payment up 1.7% year over year to $2,626. Some house hunters are also turned off by the topsy turvy economy<\/a>.<\/p>\n

The selling side gained a bit more steam, with new listings jumping 1.7% from a week earlier\u2014the biggest gain in five months. The increase in new listings, along with many homes for sale lingering on the market, pushed the total number of listings up 0.7% week over week. The uptick in listings gives buyers in much of the country more negotiating power.<\/p>\n

“Buyers should know that this isn’t 2021 and 2022; the sellers’ list price is a starting point for negotiations,” said Sheryl Wingate<\/a>, a Redfin Premier<\/a>\u00a0agent in the greater Seattle area. “Some sellers are flexible, and their biggest priority is selling their home quickly: If a buyer loves a home, they should make an offer they’re comfortable with, ask for the concessions they want, and open negotiations. More often than not, they can get a deal done.”<\/p>\n

Wingate also noted that even in a slow market, some homes are competitive. Clean, turnkey, relatively affordable homes tend to sell quickly, and luxury homes are attracting buyers<\/a>\u00a0who are less sensitive to mortgage rates and economic conditions.<\/p>\n

For Redfin economists’ takes on the housing market, please visit Redfin’s “From Our Economists<\/a>” page.<\/p>\n

\n Leading indicators <\/b>\n <\/p>\n

\n\n\n\n\n\n\n\n\n
\n

\n
\n Indicators of homebuying demand and activity<\/b>
\n <\/span>\n <\/p>\n<\/td>\n<\/tr>\n

\n \n <\/td>\n\n

\n
\n Value (if applicable)<\/b>
\n <\/span>\n <\/p>\n<\/td>\n

\n

\n
\n Recent change<\/b>
\n <\/span>\n <\/p>\n<\/td>\n

\n

\n
\n Year-over-year change<\/b>
\n <\/span>\n <\/p>\n<\/td>\n

\n

\n
\n Source<\/b>
\n <\/span>\n <\/p>\n<\/td>\n<\/tr>\n

\n

\n
\n Daily average 30-year
fixed mortgage rate<\/b>
\n <\/span>\n <\/p>\n<\/td>\n

\n

\n 6.74% (Aug. 12)<\/span>\n <\/p>\n<\/td>\n

\n

\n Down from 6.83% a
week earlier<\/span>\n <\/p>\n<\/td>\n

\n

\n Up from 6.57%<\/span>\n <\/p>\n<\/td>\n

\n

\n Mortgage News Daily <\/span>\n <\/p>\n<\/td>\n<\/tr>\n

\n

\n
\n Weekly average 30-year
fixed mortgage rate<\/b>
\n <\/span>\n <\/p>\n<\/td>\n

\n

\n 6.69% (week ending
Aug. 9)<\/span>\n <\/p>\n<\/td>\n

\n

\n Highest level in over
a year<\/span>\n <\/p>\n<\/td>\n

\n

\n Up from 6.63%<\/span>\n <\/p>\n<\/td>\n

\n

\n Freddie Mac<\/span>\n <\/p>\n<\/td>\n<\/tr>\n

\n

\n
\n Mortgage-purchase
applications (seasonally
adjusted)<\/b>
\n <\/span>\n <\/p>\n<\/td>\n

\n \n <\/td>\n\n

\n Up 3% from a week
earlier (as of week
ending Aug. 7)<\/span>\n <\/p>\n<\/td>\n

\n

\n Down 1%<\/span>\n <\/p>\n<\/td>\n

\n

\n Mortgage Bankers
Association <\/span>\n <\/p>\n<\/td>\n<\/tr>\n

\n

\n
\n Google searches of
“homes for sale”<\/b>
\n <\/span>\n <\/p>\n<\/td>\n

\n \n <\/td>\n\n

\n Unchanged from a
month earlier (asof
Aug. 8)<\/span>\n <\/p>\n<\/td>\n

\n

\n Down 3%<\/span>\n <\/p>\n<\/td>\n

\n

\n Google Trends<\/span>\n <\/p>\n<\/td>\n<\/tr>\n

\n

\n
\n Touring activity<\/b>
\n <\/span>\n <\/p>\n<\/td>\n

\n \n <\/td>\n\n

\n Up 12% from the
start of the year (as
of Aug. 8)<\/span>\n <\/p>\n<\/td>\n

\n

\n At this time last year, it
was up 29% from the
start of 2025<\/span>\n <\/p>\n<\/td>\n

\n

\n ShowingTime<\/span>\n <\/p>\n<\/td>\n<\/tr>\n<\/table><\/div>\n

\n Key housing-market data<\/b>\n <\/p>\n

\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n
\n

\n
\n U.S. highlights: Four weeks ending Aug. 9, 2026<\/b>
\n <\/span>\n <\/p>\n

\n
\n Redfin’s national metrics include data from 900+ U.S. metro areas and are based on homes listed and\/or sold during the period.
Weekly housing-market data goes back through 2021. Subject to revision. <\/i>
\n <\/span>\n <\/p>\n<\/td>\n<\/tr>\n

\n \n <\/td>\n\n

\n
\n Four weeks ending
Aug. 9, 2026<\/b>
\n <\/span>\n <\/p>\n<\/td>\n

\n

\n
\n Year-over-year
change<\/b>
\n <\/span>\n <\/p>\n<\/td>\n

\n

\n
\n Week-over-week
change (where
applicable)<\/b>
\n <\/span>\n <\/p>\n<\/td>\n

\n

\n
\n Notes<\/b>
\n <\/span>\n <\/p>\n<\/td>\n<\/tr>\n

\n

\n
\n Median sale price<\/b>
\n <\/span>\n <\/p>\n<\/td>\n

\n

\n $403,706<\/span>\n <\/p>\n<\/td>\n

\n

\n 2.2\u00a0%<\/span>\n <\/p>\n<\/td>\n

\n \n <\/td>\n\n \n <\/td>\n<\/tr>\n
\n

\n
\n Median asking price
(seasonally adjusted)<\/b>
\n <\/span>\n <\/p>\n<\/td>\n

\n

\n $397,008<\/span>\n <\/p>\n<\/td>\n

\n

\n 1.2\u00a0%<\/span>\n <\/p>\n<\/td>\n

\n \n <\/td>\n\n \n <\/td>\n<\/tr>\n
\n

\n
\n Median monthly mortgage
payment (seasonally adjusted)<\/b>
\n <\/span>\n <\/p>\n<\/td>\n

\n

\n $2,626 at a 6.69%
mortgage rate<\/span>\n <\/p>\n<\/td>\n

\n

\n 1.7\u00a0%<\/span>\n <\/p>\n<\/td>\n

\n \n <\/td>\n\n \n <\/td>\n<\/tr>\n
\n

\n
\n Pending sales (seasonally
adjusted)<\/b>
\n <\/span>\n <\/p>\n<\/td>\n

\n

\n 314,136<\/span>\n <\/p>\n<\/td>\n

\n

\n -1.6\u00a0%<\/span>\n <\/p>\n<\/td>\n

\n

\n 0.4\u00a0%<\/span>\n <\/p>\n<\/td>\n

\n

\n Lowest level since March,
except the prior week<\/span>\n <\/p>\n<\/td>\n<\/tr>\n

\n

\n
\n New listings (seasonally
adjusted)<\/b>
\n <\/span>\n <\/p>\n<\/td>\n

\n

\n 360,843<\/span>\n <\/p>\n<\/td>\n

\n

\n 2.2\u00a0%<\/span>\n <\/p>\n<\/td>\n

\n

\n 1.7\u00a0%<\/span>\n <\/p>\n<\/td>\n

\n

\n Biggest weekly increase
since March<\/span>\n <\/p>\n<\/td>\n<\/tr>\n

\n

\n
\n Active listings (seasonally
adjusted)<\/b>
\n <\/span>\n <\/p>\n<\/td>\n

\n

\n 1,480,356<\/span>\n <\/p>\n<\/td>\n

\n

\n 0.5\u00a0%<\/span>\n <\/p>\n<\/td>\n

\n

\n 0.7\u00a0%<\/span>\n <\/p>\n<\/td>\n

\n \n <\/td>\n<\/tr>\n
\n

\n
\n Months of supply <\/b>
\n <\/span>\n <\/p>\n<\/td>\n

\n

\n 3.7<\/span>\n <\/p>\n<\/td>\n

\n

\n Unchanged<\/span>\n <\/p>\n<\/td>\n

\n \n <\/td>\n\n

\n 4 to 5 months of supply<\/a>\u00a0
is considered balanced,
with a lower number
indicating seller’s
market conditions <\/span>\n <\/p>\n<\/td>\n<\/tr>\n

\n

\n
\n Share of homes off market
in two weeks <\/b>
\n <\/span>\n <\/p>\n<\/td>\n

\n

\n 31.9\u00a0%<\/span>\n <\/p>\n<\/td>\n

\n

\n Unchanged<\/span>\n <\/p>\n<\/td>\n

\n \n <\/td>\n\n \n <\/td>\n<\/tr>\n
\n

\n
\n Median days on market<\/b>
\n <\/span>\n <\/p>\n<\/td>\n

\n

\n 42<\/span>\n <\/p>\n<\/td>\n

\n

\n Unchanged<\/span>\n <\/p>\n<\/td>\n

\n \n <\/td>\n\n \n <\/td>\n<\/tr>\n
\n

\n
\n Share of home listings with
price drops<\/b>
\n <\/span>\n <\/p>\n<\/td>\n

\n

\n 21\u00a0%<\/span>\n <\/p>\n<\/td>\n

\n

\n Unchanged<\/span>\n <\/p>\n<\/td>\n

\n \n <\/td>\n\n \n <\/td>\n<\/tr>\n
\n

\n
\n Share of homes sold above
list price<\/b>
\n <\/span>\n <\/p>\n<\/td>\n

\n

\n 27.2\u00a0%<\/span>\n <\/p>\n<\/td>\n

\n

\n Up from about 26%<\/span>\n <\/p>\n<\/td>\n

\n \n <\/td>\n\n \n <\/td>\n<\/tr>\n
\n

\n
\n Average sale-to-list price
ratio <\/b>
\n <\/span>\n <\/p>\n<\/td>\n

\n

\n 98.9\u00a0%<\/span>\n <\/p>\n<\/td>\n

\n

\n Up from 98.7%<\/span>\n <\/p>\n<\/td>\n

\n \n <\/td>\n\n \n <\/td>\n<\/tr>\n<\/table><\/div>\n

\u00a0<\/p>\n

\n\n\n\n\n\n\n
\n

\n
\n Metro-level highlights: Four weeks ending Aug. 9, 2026<\/b>
\n <\/span>\n <\/p>\n

\n
\n Redfin’s metro-level data includes the 50 most populous U.S. metros. Select metros may be excluded from time to time to ensure
data accuracy. <\/i>
\n <\/span>\n <\/p>\n<\/td>\n<\/tr>\n

\n \n <\/td>\n\n

\n
\n Metros with biggest year-over-
year increases<\/b>
\n <\/span>\n <\/p>\n<\/td>\n

\n

\n
\n Metros with biggest year-
over-year decreases<\/b>
\n <\/span>\n <\/p>\n<\/td>\n

\n

\n
\n Notes<\/b>
\n <\/span>\n <\/p>\n<\/td>\n<\/tr>\n

\n

\n
\n Median sale price<\/b>
\n <\/span>\n <\/p>\n<\/td>\n

\n

\n Newark, NJ (9.9%)<\/span>\n <\/p>\n

\n West Palm Beach, FL (9%)<\/span>\n <\/p>\n

\n San Francisco (7.8%)<\/span>\n <\/p>\n

\n Chicago (7.7%)<\/span>\n <\/p>\n

\n St. Louis (7.6%)<\/span>\n <\/p>\n

\u00a0<\/p>\n<\/td>\n

\n

\n Seattle (-3.8%)<\/span>\n <\/p>\n

\n San Jose, CA (-3%)<\/span>\n <\/p>\n

\n Austin, TX (-2.2%)<\/span>\n <\/p>\n

\n Las Vegas (-1.6%)<\/span>\n <\/p>\n

\n Dallas (-1.5%)<\/span>\n <\/p>\n<\/td>\n

\n \n <\/td>\n<\/tr>\n
\n

\n
\n Pending sales<\/b>
\n <\/span>\n <\/p>\n<\/td>\n

\n

\n West Palm Beach, FL (16.4%)<\/span>\n <\/p>\n

\n Cincinnati (6.5%)<\/span>\n <\/p>\n

\n Pittsburgh (6.3%)<\/span>\n <\/p>\n

\n Warren, MI (5.4%)<\/span>\n <\/p>\n

\n Montgomery County, PA (5.1%)<\/span>\n <\/p>\n

\u00a0<\/p>\n<\/td>\n

\n

\n Seattle (-18.5%)<\/span>\n <\/p>\n

\n Houston (-15.9%)<\/span>\n <\/p>\n

\n San Diego (-11.7%)<\/span>\n <\/p>\n

\n Denver (-10.5%)<\/span>\n <\/p>\n

\n Atlanta (-8%)<\/span>\n <\/p>\n<\/td>\n

\n \n <\/td>\n<\/tr>\n
\n

\n
\n New listings<\/b>
\n <\/span>\n <\/p>\n<\/td>\n

\n

\n San Jose, CA (16.2%)<\/span>\n <\/p>\n

\n St. Louis (13.4%)<\/span>\n <\/p>\n

\n Virginia Beach, VA (12.5%)<\/span>\n <\/p>\n

\n Houston (11.5%)<\/span>\n <\/p>\n

\n Cleveland (10.6%)<\/span>\n <\/p>\n

\u00a0<\/p>\n<\/td>\n

\n

\n Dallas (-14.6%)<\/span>\n <\/p>\n

\n San Antonio (-10.1%)<\/span>\n <\/p>\n

\n Fort Worth, TX (-9.6%)<\/span>\n <\/p>\n

\n Atlanta (-9.6%)<\/span>\n <\/p>\n

\n Miami (-6.8%)<\/span>\n <\/p>\n<\/td>\n

\n \n <\/td>\n<\/tr>\n<\/table><\/div>\n

To view the full report, including charts, please visit:
https:\/\/www.redfin.com\/news\/housing-market-update-flicker-of-life-august<\/a>\u00a0<\/p>\n

\n About Redfin\u00a0
<\/b>Redfin is a technology-driven real estate company with the country’s most-visited real estate brokerage website. As part of Rocket Companies (NYSE: RKT), Redfin is creating an integrated homeownership platform from search to close to make the dream of homeownership more affordable and accessible for everyone. Redfin’s clients can see homes first with on-demand tours, easily apply for a home loan with Rocket Mortgage, and save thousands in fees while working with a top local agent.<\/p>\n

You can find more information about Redfin and get the latest housing market data and research at https:\/\/www.redfin.com\/news<\/a>. For more information about Rocket Companies, visit https:\/\/www.rocketcompanies.com<\/a>.<\/p>\n

\u00a0<\/p>\n

\n \"Cision\" View original content to download multimedia:https:\/\/www.prnewswire.com\/news-releases\/redfin-reports-us-pending-home-sales-new-listings-show-flickers-of-life-to-start-august-302850649.html<\/a><\/p>\n

SOURCE Redfin<\/p>\n<\/p><\/div>\n

\"\"<\/p>\n","protected":false},"excerpt":{"rendered":"

PR Newswire The housing market is gaining slight momentum as the summer winds down, but demand remains subdued overall SEATTLE, Aug. 13, 2026 \/PRNewswire\/ — U.S. pending home sales edged up 0.4% week over week during the four weeks ending August 9 on a seasonally adjusted basis, offering a small boost to this summer’s sluggish housing market. That’s according to a new report\u00a0from Redfin, the real estate brokerage powered by Rocket. Mortgage-purchase applications rose 3% week over week. Pending sales are still at their second-lowest level since March, and the latest weekly uptick may reflect normal week-to-week changes rather than a meaningful shift in momentum. On a year-over-year basis, pending sales are down 1.6%. Many would-be homebuyers are still on … <\/p>\n

Continue reading “Redfin Reports U.S. Pending Home Sales, New Listings Show Flickers of Life to Start August”<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-994804","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"\nRedfin Reports U.S. Pending Home Sales, New Listings Show Flickers of Life to Start August - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/redfin-reports-u-s-pending-home-sales-new-listings-show-flickers-of-life-to-start-august\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Redfin Reports U.S. Pending Home Sales, New Listings Show Flickers of Life to Start August - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"PR Newswire The housing market is gaining slight momentum as the summer winds down, but demand remains subdued overall SEATTLE, Aug. 13, 2026 \/PRNewswire\/ — U.S. pending home sales edged up 0.4% week over week during the four weeks ending August 9 on a seasonally adjusted basis, offering a small boost to this summer’s sluggish housing market. That’s according to a new report\u00a0from Redfin, the real estate brokerage powered by Rocket. Mortgage-purchase applications rose 3% week over week. Pending sales are still at their second-lowest level since March, and the latest weekly uptick may reflect normal week-to-week changes rather than a meaningful shift in momentum. On a year-over-year basis, pending sales are down 1.6%. Many would-be homebuyers are still on … Continue reading "Redfin Reports U.S. Pending Home Sales, New Listings Show Flickers of Life to Start August"\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.marketnewsdesk.com\/index.php\/redfin-reports-u-s-pending-home-sales-new-listings-show-flickers-of-life-to-start-august\/\" \/>\n<meta property=\"og:site_name\" content=\"Market Newsdesk\" \/>\n<meta property=\"article:published_time\" content=\"2026-08-13T12:25:00+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/mmx.prnewswire.com\/media\/MS690711\/Redfin-Powered-by-Rocket-Logo.jpg?id=OA2876609\" \/>\n<meta name=\"author\" content=\"Newsdesk\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Newsdesk\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"4 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/redfin-reports-u-s-pending-home-sales-new-listings-show-flickers-of-life-to-start-august\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/redfin-reports-u-s-pending-home-sales-new-listings-show-flickers-of-life-to-start-august\\\/\"},\"author\":{\"name\":\"Newsdesk\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#\\\/schema\\\/person\\\/482f27a394d4fda80ecb5499e519d979\"},\"headline\":\"Redfin Reports U.S. Pending Home Sales, New Listings Show Flickers of Life to Start August\",\"datePublished\":\"2026-08-13T12:25:00+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/redfin-reports-u-s-pending-home-sales-new-listings-show-flickers-of-life-to-start-august\\\/\"},\"wordCount\":886,\"image\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/redfin-reports-u-s-pending-home-sales-new-listings-show-flickers-of-life-to-start-august\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/mmx.prnewswire.com\\\/media\\\/MS690711\\\/Redfin-Powered-by-Rocket-Logo.jpg?id=OA2876609\",\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/redfin-reports-u-s-pending-home-sales-new-listings-show-flickers-of-life-to-start-august\\\/\",\"url\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/redfin-reports-u-s-pending-home-sales-new-listings-show-flickers-of-life-to-start-august\\\/\",\"name\":\"Redfin Reports U.S. Pending Home Sales, New Listings Show Flickers of Life to Start August - 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Market Newsdesk","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.marketnewsdesk.com\/index.php\/redfin-reports-u-s-pending-home-sales-new-listings-show-flickers-of-life-to-start-august\/","og_locale":"en_US","og_type":"article","og_title":"Redfin Reports U.S. Pending Home Sales, New Listings Show Flickers of Life to Start August - Market Newsdesk","og_description":"PR Newswire The housing market is gaining slight momentum as the summer winds down, but demand remains subdued overall SEATTLE, Aug. 13, 2026 \/PRNewswire\/ — U.S. pending home sales edged up 0.4% week over week during the four weeks ending August 9 on a seasonally adjusted basis, offering a small boost to this summer’s sluggish housing market. 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