Investor Presentaiton
Growing Revenue & Market Share
Revenue ($ in millions)
U.S. Market Share by Units 2
$2,284
$133
Real estate services
Properties
1
$1,923
$122
$156
Rentals
Mortgage
Other
$881
$1,203
$886
$780
$210
$241
0.80%
0.77%
0.67%
0.61%
0.51%
0.42%
$487
$370
$45
$903
$787
$651
$524
$432
2017
2018
2019
2020
2021
2022
$352
2017
2018
2019
2020
2021
2022
Median
home price
$393,000
$398,000
$392,000
$410,000 $455,000 $460,000
Real estate
services
35%
23%
21%
24%
39%
-13%
Average
home price
$464,696
$473,074
$468,464
$492,865 $555,119
$556,960
% growth
Total % growth
38%
32%
60%
14%
117%
18%
Transactions
(units)
45,793
54,562
64,174
75,800
94,579
80,203
1. In November 2022 we announced our decision to wind-down Redfin Now, which comprises the bulk of our properties segment revenue; revenue for this segment will be de minimis once the wind-down is complete.
2. Source: NAR Existing Home Sales and Redfin data.
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