2013 Starts Off Strong for Sellers: Home Prices & Sales Both Way Up

The Redfin Real-Time Price Tracker is a monthly report on home prices, sales and inventory across 19 U.S. markets, published weeks before any other index, based on the local databases used directly by real estate agents to list properties and record sales.

Home sales got off to a strong start this year, rising 12 percent from a year ago and marking the strongest January in at least four years. Prices were up as well, 10 percent higher than January 2012, while listings continued to struggle, losing more than a third from last year’s already anemic level. Meanwhile, the percentage of homes that were under contract within two weeks of their debut shot up from 26 percent in December to 30 percent in January—the highest point since we began tracking this number in January 2010.

For the full report including data tables, charts, and a downloadable spreadsheet with historic data, visit the Real-Time Price Tracker in Redfin’s Research Center.