Its Compete Score tells buyers how difficult it will be to successfully buy a home in a given market.
BUILDER
Redfin (www.redfin.com) is out Tuesday with a new metric, the Redfin Compete Score, a rating of housing competition in cities and neighborhoods on a scale of 0 to 100, where 100 is the most competitive.
Compete Score can be found on Redfin.com pages for individual listings as well as on the Home Values page for any city or neighborhood where more than 25 homes were sold in the last year. Redfin is also introducing the first Compete Score Report to calculate the most and least competitive cities and neighborhoods across the country.
