Redfin Reports the Top 10 Most-Viewed Online Home Listings of January
February 11 2025 - 7:00AM
Business Wire
Most of Redfin.com’s most-viewed listings have
two things in common: They’re located in tech hubs, and they’re
expensive.
(NASDAQ: RDFN) — Seven of Redfin.com’s 10 most-viewed home
listings in January were in the Bay Area, specifically the East Bay
and neighborhoods near San Jose, and two were in Seattle’s eastside
suburbs. That is according to a new report from Redfin
(redfin.com), the technology-powered real estate brokerage.
One of the most-viewed homes was in the Los Angeles neighborhood
of the Pacific Palisades, which attracted a lot of attention in
January due to the devastating wildfires that swept through the
area.
Nine of the 10 most-viewed listings are priced at more than $1
million, and five are priced at more than $2 million. That’s well
over the median U.S. home-sale price of roughly $430,000.
Here are the 10 most-viewed listings on Redfin.com in
January:
- 1171 Ironstone Ct., San Jose, CA 95132: Listed for
$1,497,000
- 7307 Kolb Pl., Dublin, CA 94568: Listed for $1,297,000
- 3558 Sequoia Common, Fremont, CA 94536: Listed for
$544,841
- 14638 SE 22nd St., Bellevue, WA 98007: Listed for
$1,050,000
- 1051 Vista Grande Dr., Pacific Palisades, CA 90272: Listed for
$24,500,000
- 553 San Luis Ave., Los Altos, CA 94024: Listed for
$3,375,000
- 1336 Petal Way, San Jose, CA 95129: Listed for $2,395,000
- 1424 172nd Pl. NE, Bellevue, WA 98008: Listed for
$1,299,950
- 28 Alma Ct., Los Altos, CA 94022: Listed for $4,800,000
- 2110 Hanover St., Palo Alto, CA 94306: Listed for
$2,199,888
There are several possible reasons Silicon Valley and the
Seattle area dominate the list of most popular listings. Redfin
agents in the Bay Area and Seattle report that although inventory
is improving, there’s still a scarcity of desirable homes that
don’t require renovation. That results in more attention for the
limited number of attractive listings—especially when they’re
relatively affordable, which in those places might mean they’re
listed for $1.5 million or so.
“Any move-in ready home located between San Francisco and San
Jose that’s priced between $1 million and $3 million and has at
least three bedrooms and two bathrooms is flying off the shelves,
especially if it’s in a desirable school district,” said Josh
Felder, a Redfin Premier agent in the Bay Area. “Even homes priced
between $3 million and $5+ million are getting multiple offers if
they’re updated and in a hot neighborhood. That’s because there are
so few options and so many well-qualified buyers. It's business as
usual on the San Francisco Bay Area Peninsula.”
Additionally, major tech employers are demanding workers return
to the office, which could be bringing high homebuying demand to
those areas. Amazon’s full-time return-to-office mandate took
effect in January, with roughly 12,000 workers expected to return
to the company’s Bellevue office alone. It’s a similar story in the
Bay Area; two of the most-viewed listings are in Los Altos, near
one of Tesla’s main offices, and one is in Palo Alto, near Meta’s
headquarters.
Finally, it’s worth noting that those West Coast areas are both
among the 15 most populous U.S. metro areas—meaning listings
naturally attract a lot of eyes—and they’re both among the seven
highest-income metro areas in the country.
To view the full report, please visit:
https://www.redfin.com/news/most-viewed-online-listings-january-2025
About Redfin
Redfin (www.redfin.com) is a technology-powered real estate
company. We help people find a place to live with brokerage,
rentals, lending, and title insurance services. We run the
country's #1 real estate brokerage site. Our customers can save
thousands in fees while working with a top agent. Our home-buying
customers see homes first with on-demand tours, and our lending and
title services help them close quickly. Our rentals business
empowers millions nationwide to find apartments and houses for
rent. Since launching in 2006, we've saved customers more than $1.6
billion in commissions. We serve approximately 100 markets across
the U.S. and Canada and employ over 4,000 people.
Redfin’s subsidiaries and affiliated brands include: Bay Equity
Home Loans®, Rent.™, Apartment Guide®, Title Forward® and
WalkScore®.
For more information or to contact a local Redfin real estate
agent, visit www.redfin.com. To learn about housing market trends
and download data, visit the Redfin Data Center. To be added to
Redfin's press release distribution list, email press@redfin.com.
To view Redfin's press center, click here.
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version on businesswire.com: https://www.businesswire.com/news/home/20250211686096/en/
Contact Redfin Redfin Journalist Services: Ally Forsell,
206-588-6863 press@redfin.com
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