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Redfin Reports 60% of Offers Written by Redfin Agents Faced Bidding Wars in October

Redfin Reports 60% of Offers Written by Redfin Agents Faced Bidding Wars in October

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SEATTLE, Nov. 24, 2021 /PRNewswire/ — (NASDAQ: RDFN) — In October, 60.3% of home offers written by Redfin agents faced competition, according to a new report from Redfin ( redfin.com ), the technology-powered real estate brokerage. While this is nearly the same rate Redfin reported in September (60.4%), it is still down from a pandemic peak of 74.5% in April.

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