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July Marked 12 Straight Months of Double-Digit Price Increases

July Marked 12 Straight Months of Double-Digit Price Increases

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SEATTLE, Aug. 19, 2021 /PRNewswire/ — (NASDAQ: RDFN) —The median price of homes sold in July was up nearly 20% from a year earlier to a new all-time high of $385,600, according to a new report from Redfin ( redfin.com ), the technology-powered real estate brokerage. This annual growth rate was down from a peak of 26% in May but still higher than any point on record prior to April of this year.

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