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Home fresh listings rise to four-month high as mortgage costs steady
For the four weeks ending Aug. 30, Redfin reported new listings up 8% year over year, while pending sales fell 2.5% year over year.
Homebuyers saw more inventory as new U.S. listings rose to their highest level since August 2022, according to Redfin’s housing-market data for the four weeks ending Aug. 30, 2026.
The report showed new listings of homes for sale at 383,795, up 8% year over year and 2.1% week over week. Active listings totaled 1,511,313, up 2.4% year over year, and months of supply rose to 4.0 from 3.7, a shift that Redfin describes as moving toward a more balanced market.
At the same time, demand indicators weakened. Pending sales totaled 308,282, down 2.5% year over year, and pending sales were also slightly lower week over week. Redfin also noted the median sale price at $398,632, up 2.2% year over year, while the median monthly mortgage payment was $2,592 at a 6.66% mortgage rate.
Other pricing signals pointed to slightly more negotiation room. Redfin reported 20.9% of home listings had price drops, up from 20.2%, and 25.9% of homes sold above list price, up from 25.0%. The average sale-to-list price ratio rose to 98.7% from 98.5%.