Redfin Real-Time Price Tracker Sees Price Gains, Inventory Declines Across 19 Markets in May 2012

SEATTLE, WA – June 13, 2012 – (RealEstateRama) — Technology-powered real estate broker Redfin today released its Real-Time Price Tracker for May 2012, showing an annual price gain of 2.2% and a monthly gain of 2.7% across the U.S. Inventory levels were down 23.5% compared to last year, and down 1.7% compared to last month. Sales volumes were up 7.4% over this time last year, and pending sales were up even more, by 10.7%. The May 2012 Redfin Real-Time Price Tracker is the broker’s first monthly analysis of home prices, sales volumes and inventory levels across the 19 markets Redfin serves nationwide.


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