Homes Are Taking Longer to Sell, Says Redfin (RDFN)

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Redfin Reports Homes Are Taking Longer to Sell

July 21, 2022 2:26 PM EDT

Buyers can now take their time touring and considering homes before making an offer. Still, selection remains very limited despite supply being up, as few homes are being listed and even fewer are selling.

SEATTLE--(BUSINESS WIRE)-- (NASDAQ: RDFN) The typical home sold during the four weeks ending July 17 spent 19 days on the market, one day longer than last year. Thats according to a new... More