Redfin Seattle February Update: 692 Homes Toured, 73 Offers

Beginning with February, Redfin is publishing monthly Seattle Area 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

  • 11,443 new Northwest MLS listings (the current total is 55,658).
  • 10,767 price reductions.
  • 101,444 homes were added to Seattle Redfin users’ favorites list.

Brokerage Activity

  • 692 homes were toured by our clients through Redfin field agents.
  • 28 people attended our monthly home buying class.
  • 73 clients made offers.
  • 27 clients responded to our customer-satisfaction surveys and posted an online review.
  • 100% of our February Seattle 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 Seattle Redfin forum and sign up for listing alerts and our monthly newsletter. As always, thanks for using Redfin!

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  • http://www.EastsideEntrepreneurs.com Joe “TheHairFarmer.com” Kennedy

    I’d be interested to know how many of the 73 offers written were actually accepted and are closed or in escrow. It’s probably also appropriate to note how many potential buyers accounted for the 692 homes toured and how many showings RF had for each agent.

    Thank you for sharing your stats. Very interesting.

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

    Hi, Joe. Thanks for the interest! We’ll consider including those numbers next time we do this. I don’t have the showings per agent handy but I’m wondering how relevant it is since the Redfin agents who show houses for our buyers is different than the agents who negotiate offers.