Redfin's February Update: 740 Homes Toured, 207 Offers

Beginning with February, Redfin is publishing monthly Southern California real estate stats, summarizing what we’re up to in the market, and how the market is changing. This is our first crack at it, which means we’ll only present a few numbers for February.

Market Activity

  • 31,978 new MLS listings (the current total is 127,314).
  • 30,028 price reductions.
  • 239,241 homes were added to Southern California Redfin users’ favorites list

Brokerage Activity

  • 740 homes were toured by our clients through Redfin field agents.
  • 30 people attended our home buying class.
  • 207 clients made offers (real estate owned (REOs) listings made up 39% of Redfin’s offers on homes since the beginning of the year).
  • 23 clients responded to our customer-satisfaction surveys and posted an online review.
  • 96% of our February Southern California Area clients would recommend Redfin to a friend.

What else do you want to know? Your comments and suggestions are at the core of our goal to better serve our customers. We’d love to hear from you. If you haven’t already, join the Los Angeles/Orange County Redfin forum and sign up for listing alerts and our monthly newsletter. As always, thanks for using Redfin!

  • ricardo

    I alwas call or by computer to anna nevares and never have a respon from her I dont now how she sell if she not contac the buyers if ther is any agent from red fin to help me to buy a home please contac me at ricardohyatt@yahoo.com

  • Sean

    Learn how to spell RICARDO, maybe that is why your all alone in your home purchase. Try to think about what you want to say before you say it, that might help you out!! Or Anna is just to busy for you!

  • Harry

    Even though the comment above is irrelevant to this page I will respond because Anna has been my agent for the past month and she is amazing! She almost always answers the phone or calls me back within a few minutes even during weekends. I am a first home buyer and she has been answering all my questions, advising, and listening to every single thing that I mention. She is also extremely quick in putting my requests in paper and send them to the sellers.
    I am extremely satisfied and I would definitely recommend working with Anna!!

  • http://blog.redfin.com/blog/author/matt Matt

    Hi Ricardo, I’m sorry to hear that! I’ll get in touch with Anna and let her know that you’re waiting to hear from you.

    And thanks Harry for the glowing recommendation of Anna!

  • Anna

    Hi Ricardo,

    I apologize for the delay in response. I will email you directly right now.

  • VS

    I always get a response from Anna, usually within hours. One anomaly was when it took her 2 days, but that is the exception, not the norm. And I would not consider my questions high priority either. They are not yet related to making a transaction, but I hope they will be soon!

  • James

    My biggest concern is if I were to list my La Jolla property with one of the Redfin agents will they get back to the interested agents/buyers quick enough. They have every reason and incentive to respond quickly when representing a buyer as they know that is money in their pocket, but with only $5k to them as a listing agent I could see them getting frustrated with all the calls from other agents.

    What do you think Anna, or can others share experiences. Thanks

  • http://blog.redfin.com/blog/author/matt Matt

    Hi James, don’t know if you saw this or not but a seller recently posted about their experience selling in San Diego in the forums, Sold at Full Price in Four Days.

  • http://www.redfin.com/real-estate-agents/anna-nevares Anna

    Hi James,

    Redfin agents are not paid on commission, so there really isn’t a monetary difference for us in servicing a listing vs a buyer, as our pay would be the same. We are based on customer service and satisfaction. In fact, we encourage reviews from previous clients so you can read feedback from people who have actually gone through the process.

    I am more than happy to take any and all calls from potential buyers for my listings. That’s how you get them sold…and that’s how you make happy clients! :)

  • D. Owns

    Sean Can’t spell either! your? you’re! to? too!

  • Owned

    That would be a grammar error, not a spelling error.

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  • http://www.edhardyworld.co.uk ed hardy

    Learn how to spell RICARDO, maybe that is why your all alone in your home purchase. Try to think about what you want to say before you say it, that might help you out!! Or Anna is just to busy for you!