Supply & demand · Home sales and listings
Homes sold
Transactions that closed in the period — recorded at closing, so it lags the market by weeks.
Homes sold counts sales that completed during the period, recorded at closing rather than at contract signing.
That timing convention builds in a lag: a typical financed purchase closes thirty to forty-five days after the offer is accepted, so a month's closings largely reflect the market of the month or two before. When conditions turn quickly, closed sales are the last series to show it, and pending sales lead them.
Also known as: closed sales, sales volume, transactions.
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Homes sold — FAQ
What is homes sold in housing market data?+
Transactions that closed in the period — recorded at closing, so it lags the market by weeks. Homes sold counts sales that completed during the period, recorded at closing rather than at contract signing.
Why does homes sold matter?+
That timing convention builds in a lag: a typical financed purchase closes thirty to forty-five days after the offer is accepted, so a month's closings largely reflect the market of the month or two before. When conditions turn quickly, closed sales are the last series to show it, and pending sales lead them.
Where does this housing market data come from?+
Sales, listing and inventory figures come from Redfin's public housing-market dataset, which is compiled from multiple listing services. Coverage is limited to the metros and counties Redfin reports. pumsdata is independent and not affiliated with Redfin.