22.2% of U.S. homes sold above asking price in June—the highest share in more than a year on a seasonally adjusted basis—as median sale prices reached a record high, Redfin said.
21.9% of homes sold over list price a year earlier, while June's reading still trailed the 24% posted in January 2025, a typically slower period for home sales.
4.4 million existing homes sold at an annualized pace in June by Redfin's estimate, up about 4.2% from a year ago and above the National Association of Realtors' 4.09 million estimate.
The data point to a housing market where prices are still climbing and competitive bidding remains common even as sales activity stays only modestly above year-earlier levels.