Redfin Reports List Prices Fall for the First Time Since March
PR Newswire•15/10/2026•08:00 ET
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Key Highlights
- ➤Median asking price $396,881, down 0.3% year over year, first decline since March
- ➤Median sale price $391,116, up just 0.5% year over year, slowest growth since March
- ➤Weekly average mortgage rate reached a three-year high of 7.4% on Oct. 8
- ➤Pending sales rose 1.5% week over week but remained near record lows
- ➤Record 22% of active listings had price cuts, up from 20.9% a year earlier
Redfin Reports List Prices Fall for the First Time Since March PR Newswire
Pending home sales inched up this week, but they're still near record lows
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