The latest
Homes received an average of 2.2 offers in December 2025, according to NAR’s survey of its members. In Redfin’s data, 30.5% of homes sold above their list price in May 2026. An average of two or more offers means a typical listing still draws competition, even when fewer homes sell above list.
The national trend
The last 24 months
| Month | Avg. offers (NAR) | Sold above list (Redfin) | Sale-to-list (Redfin) |
|---|---|---|---|
| May 2026 | — | 30.5% | 99.3% |
| April 2026 | — | 29.0% | 99.1% |
| March 2026 | — | 25.9% | 98.7% |
| February 2026 | — | 22.8% | 98.2% |
| January 2026 | — | 21.1% | 97.9% |
| December 2025 | 2.2 | 22.4% | 98.2% |
| November 2025 | 2.2 | 24.4% | 98.4% |
| October 2025 | 2.1 | 25.3% | 98.5% |
| September 2025 | 2.3 | 25.5% | 98.6% |
| August 2025 | — | 27.0% | 98.8% |
| July 2025 | 2.1 | 29.0% | 99.0% |
| June 2025 | 2.4 | 31.0% | 99.3% |
| May 2025 | — | 31.1% | 99.4% |
| April 2025 | — | 30.2% | 99.2% |
| March 2025 | 2.4 | 27.0% | 98.9% |
| February 2025 | 2.3 | 24.7% | 98.5% |
| January 2025 | — | 22.5% | 98.2% |
| December 2024 | — | 24.2% | 98.5% |
| November 2024 | — | 26.6% | 98.8% |
| October 2024 | 2.5 | 27.8% | 98.9% |
| September 2024 | — | 28.5% | 99.0% |
| August 2024 | — | 30.2% | 99.2% |
| July 2024 | 2.7 | 33.2% | 99.6% |
| June 2024 | — | 35.0% | 99.9% |
Each NAR figure links to the report it came from.
By state
Neither source publishes offers per home by metro, so the breakdown uses Redfin’s share of homes sold above list, by state, for May 2026.
| State | Sold above list | Sale-to-list |
|---|---|---|
| Connecticut | 62.9% | 103.7% |
| Massachusetts | 52.5% | 101.4% |
| New Jersey | 52.0% | 102.1% |
| Rhode Island | 51.0% | 100.9% |
| New Hampshire | 46.3% | 100.5% |
| Wisconsin | 44.8% | 100.5% |
| Illinois | 43.6% | 100.4% |
| New York | 42.6% | 101.8% |
| Nebraska | 42.5% | 100.0% |
| California | 41.1% | 100.7% |
| Maryland | 39.9% | 100.2% |
| Minnesota | 39.3% | 100.0% |
| Virginia | 39.1% | 100.1% |
| Michigan | 38.4% | 99.5% |
| Pennsylvania | 37.9% | 99.7% |
| Ohio | 36.8% | 99.4% |
| Delaware | 34.2% | 99.7% |
| Oregon | 31.0% | 99.5% |
| Washington | 30.9% | 99.8% |
| Maine | 29.8% | 98.6% |
| District of Columbia | 28.8% | 99.6% |
| Vermont | 28.5% | 98.3% |
| Alaska | 27.6% | 99.7% |
| West Virginia | 24.0% | 97.7% |
| Utah | 24.0% | 99.0% |
| Colorado | 23.9% | 98.8% |
| Missouri | 23.9% | 98.1% |
| Iowa | 23.1% | 98.2% |
| Indiana | 22.7% | 98.3% |
| Nevada | 20.7% | 98.5% |
| Kentucky | 20.2% | 97.8% |
| Georgia | 20.0% | 98.1% |
| Hawaii | 19.0% | 97.8% |
| North Carolina | 18.7% | 98.3% |
| Oklahoma | 18.4% | 97.9% |
| Alabama | 18.1% | 97.9% |
| Kansas | 17.6% | 97.3% |
| Idaho | 17.3% | 99.1% |
| South Dakota | 16.7% | 98.0% |
| Tennessee | 16.1% | 97.8% |
| Arizona | 14.6% | 98.0% |
| Texas | 14.1% | 97.2% |
| Arkansas | 13.8% | 97.4% |
| South Carolina | 13.7% | 98.0% |
| Louisiana | 12.4% | 97.2% |
| Florida | 11.1% | 96.7% |
| Mississippi | 10.9% | 97.4% |
| North Dakota | 8.4% | 98.3% |
| Wyoming | 5.8% | 98.1% |
| New Mexico | 5.0% | 98.9% |
| Montana | 0.0% | — |
BindingOffers data
Figures from offer rounds on BindingOffers will appear here once at least 50 rounds have closed, clearly labeled as our own data.
Methodology
Average offers per home comes from the National Association of REALTORS® monthly REALTORS® Confidence Index, a survey of NAR members about their most recent sale. NAR reports how many offers the typical listed home received; it is a survey estimate with a margin of error, and NAR publishes it in monthly reports rather than as a data file, so we enter each month from NAR’s report and link the source. Months not yet entered show as gaps.
Share of homes sold above list comes from the Redfin Data Center’s national market tracker, which covers actual sales from MLS and public-records data, all residential property types, not seasonally adjusted. It is imported monthly.
The two measure different things. NAR’s figure counts offers, including homes that received several offers but sold at or below list; Redfin’s counts sale prices above list, which can also happen with a single offer. Read them together as two views of competition, not as the same number. Redfin has also published the share of its own agents’ offers that faced competition; we haven’t found a current, downloadable version of that series.
BindingOffers figures, when shown, come from closed offer rounds on our platform (the share of rounds with offers from two or more buyers, and the average number of buyers making offers). They reflect listings run on BindingOffers, not the market as a whole, and appear once at least 50 rounds have closed.
BindingOffers, “How Common Are Multiple Offers?” May 2026, using the NAR REALTORS® Confidence Index and data provided by Redfin, a national real estate brokerage. https://bindingoffers.com/data/multiple-offer-rate
Questions
How common are multiple offers on homes?
NAR’s monthly survey has recently found homes receiving an average of a little over two offers. This page tracks the latest months alongside the share of homes selling above list price.
What percentage of homes get multiple offers?
No official series measures that directly. NAR reports the average number of offers per home; an average above two means competition is common, though not universal.
Why do NAR and Redfin numbers differ?
They measure different things: NAR surveys agents about offers on their latest sale, while Redfin counts homes that actually sold above list. A home can get several offers and still sell at list.