In a recent report, Redfin highlighted the surge in the median home sale price, reaching a new record high. This milestone is particularly significant against the backdrop of a 10.2% increase in new listings compared to the previous year, indicating a strong market demand and competitive landscape.

Key points:
– Redfin reported a new record high in the median home sale price
– New listings have surged by 10.2% year-over-year
– The market is characterized by high demand and competitive dynamics

For more information on this industry update, visit the original article on Weekly Real Estate News.

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