RedfinRDFN
RDFN
About: Redfin Corp is a residential real estate broker. It pairs its agents with the technology to create a service that is faster and costs less. The company meets customers through a listings-search website and mobile application. The company uses the same combination of technology and local service to originate mortgage loans and offer title and settlement services. It has five operating segments real estate services, rentals, mortgage, title, and monetization. The company generates the majority of its revenue from Real estate services.
Employees: 4,778
0
Funds holding %
of 7,245 funds
0
Analysts bullish %
of 6 analysts
Fund manager confidence
Based on 2025 Q1 regulatory disclosures by fund managers ($100M+ AUM)
36% more capital invested
Capital invested by funds: $591M [Q4 2024] → $802M (+$211M) [Q1 2025]
6.9% more ownership
Funds ownership: 60.55% [Q4 2024] → 67.45% (+6.9%) [Q1 2025]
9% more first-time investments, than exits
New positions opened: 62 | Existing positions closed: 57
0% more funds holding
Funds holding: 246 [Q4 2024] → 247 (+1) [Q1 2025]
14% less repeat investments, than reductions
Existing positions increased: 62 | Existing positions reduced: 72
15% less call options, than puts
Call options by funds: $61.6M | Put options by funds: $72.8M
Research analyst outlook
6 Wall Street Analysts provided 1 year price targets over the past 3 months
Low target
$7
28%
downside
Avg. target
$10.78
11%
upside
High target
$12.50
29%
upside
6 analyst ratings
1 positive
17%
5 neutral
83%
0 negative
0%
Citigroup Ygal Arounian | 5%downside $9.20 | Neutral Maintained | 8 May 2025 |
Stephens & Co. John Campbell | 14%upside $11 | Overweight Maintained | 8 May 2025 |
RBC Capital Brad Erickson | 29%upside $12.50 | Sector Perform Maintained | 15 Apr 2025 |
JP Morgan Dae Lee | 29%upside $12.50 | Neutral Maintained | 24 Mar 2025 |
Piper Sandler Tom Champion | 29%upside $12.50 | Neutral Upgraded | 11 Mar 2025 |
Financial journalist opinion
Based on 26 articles about RDFN published over the past 30 days
Neutral
GlobeNewsWire
1 hour ago
RDFN Alert: Wohl & Fruchter LLP Files Class Action Lawsuit on Behalf of Shareholders of Redfin Corporation in the U.S. District Court for the Western District of Washington
MONSEY, N.Y., May 22, 2025 (GLOBE NEWSWIRE) -- Wohl & Fruchter LLP announces that on May 9, 2025, it filed a class action lawsuit in the United States District Court for the Western District of Washington, captioned Morano v.
Neutral
Business Wire
4 hours ago
Redfin Predicts Home Prices Will Dip 1% by the End of the Year, and Reports That Purchases Are Getting Canceled at Near Record Rate
SEATTLE--(BUSINESS WIRE)-- #housingmarket--(NASDAQ: RDFN)—Redfin economists expect the median U.S. home-sale price to fall flat in the third quarter, and fall 1% year over year by the fourth quarter. That's according to a new report from Redfin (redfin.com), the technology-powered real estate brokerage. Redfin expects mortgage rates to remain elevated near 7% for the remainder of the year. This marks a stark reversal from years of home-price increases. Aside from a brief period in 2023, home prices have been ri.
Neutral
Business Wire
4 hours ago
Redfin Reports New Listings Hit Highest Level in Nearly 3 Years
SEATTLE--(BUSINESS WIRE)--(NASDAQ: RDFN) — New listings of U.S. homes for sale rose 8.4% year over year to their highest level in nearly three years during the four weeks ending May 18. That's according to a new report from Redfin (redfin.com), the technology-powered real estate brokerage. But buyers aren't biting: pending sales fell 2.2%, dropping to their lowest level for this time of year in Redfin's records, which date back to 2015, and mortgage purchase applications are down 5% week over w.
Neutral
Business Wire
2 days ago
Redfin Reports U.S. Home Prices Tick Down 0.1% in April, the First Monthly Drop Since 2022
SEATTLE--(BUSINESS WIRE)--(NASDAQ: RDFN) — U.S. home prices ticked down 0.1% in April on a seasonally adjusted basis, the first month-over-month decline since September 2022. This is according to a new report from Redfin (redfin.com), the technology-powered real estate brokerage. Home prices were up 4.1% on a year-over-year basis, down from 4.9% growth in March. That's the lowest annual price growth since July 2023. This is according to the Redfin Home Price Index (RHPI), which uses the repeat-.
Neutral
Business Wire
3 days ago
Redfin Reports Spring Homebuying Season Sputters as Supply Jumps to 5-Year High, Existing-Home Sales Drop to 6-Month Low
SEATTLE--(BUSINESS WIRE)--(NASDAQ: RDFN) — Sales of existing U.S. homes fell to a seasonally adjusted annual rate of 4,196,707 in April, the lowest level since October 2024, according to a new report from Redfin (redfin.com), the technology-powered real estate brokerage. That's down 0.2% from a month earlier, and down 1.1% from a year earlier—the first annual decline in seven months. Pending sales—a more current gauge of housing market activity that includes both existing and newly constructed.
Neutral
Business Wire
6 days ago
Redfin Reports the 10 Most Expensive Home Sales of April
SEATTLE--(BUSINESS WIRE)-- #housingmarket--(NASDAQ: RDFN) —A trio of neighboring properties in Naples, FL, made up three of April's most expensive home sales, including the most expensive: a beachfront estate that went for $133 million. That's according to a new report from Redfin (redfin.com), the technology-powered real estate brokerage. All in all, six of last month's most expensive home sales were in coastal Florida, and two were in Beverly Hills, CA. A pair of luxury Manhattan condos, both on Billionaires'.
Neutral
Business Wire
6 days ago
Redfin Reports Real Estate Agent Commissions Haven't Changed Much Since the NAR Settlement Took Effect
SEATTLE--(BUSINESS WIRE)--(NASDAQ: RDFN) — The average buyer's agent commission was 2.40% for homes sold in the first quarter, according to a new report from Redfin (www.redfin.com), the technology-powered real estate brokerage. That's up slightly from 2.37% in the fourth quarter of 2024 and 2.36% in the third quarter of 2024—when the new National Association of Realtors (NAR) commissions rules went into effect—but down slightly from 2.43% in the first quarter of 2024, when the new rules were a.
Neutral
Business Wire
1 week ago
Redfin Reports Economic Jitters, High Costs Stifle Spring Home Sales
SEATTLE--(BUSINESS WIRE)--(NASDAQ: RDFN) — Pending U.S. home sales fell 3.4% year over year during the four weeks ending May 11 to their lowest level on record for this time of year aside from 2020, according to a new report from Redfin (redfin.com), the technology-powered real estate brokerage. Would-be homebuyers are backing off for two main reasons. One, rising home-sale prices and elevated mortgage rates pushed this week's median monthly housing payment to $2,860, just $6 shy of the record.
Neutral
Business Wire
1 week ago
Redfin Report: 10 Places Where You Can Buy a Home For Under $300,000
SEATTLE--(BUSINESS WIRE)--(NASDAQ: RDFN) — Detroit, Cleveland, and Dayton, OH—all places where the median home-sale price is under $230,000—are the least expensive metro areas in the U.S. to buy a home, according to a new report from Redfin (redfin.com), the technology-powered real estate brokerage. Four more places in the Rust Belt—Rochester, NY, Pittsburgh, Buffalo, NY and St. Louis—and three in the South—McAllen, TX, Baton Rouge, LA and El Paso, TX—round out Redfin's ranking of the 10 U.S. m.
Neutral
Business Wire
1 week ago
Redfin Reports U.S. Asking Rents Fell 1% Year Over Year in April—Biggest Drop in 14 Months
SEATTLE--(BUSINESS WIRE)--(NASDAQ: RDFN) — The median U.S. asking rent fell 1% year over year to $1,625 in April, marking the biggest decline since February 2024, according to a new report from Redfin (redfin.com), the technology-powered real estate brokerage. That's $80 below the August 2022 record high of $1,705. On a month-over-month basis, the median U.S. asking rent rose 1.2% in April—typical for this time of year. “Asking rents are sluggish because there are more apartments for rent than.
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