Home Price Growth Edged Up Nationally in January While the West Coast Began Seeing Red

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Homebuyers are in the strongest position in years as the supply of homes for sale grows at fastest rate since May 2015

The housing market started off 2019 with buyers in a much better position than they were a year earlier. U.S. home-sale prices increased 2.9 percent in January compared to a year ago, to a median of $285,900 across the metros Redfin tracks. Albeit slight, last month’s price jump represents a rebound from December’s 1.5 percent increase, the smallest year-over-year price increase recorded since March 2012.

Market Summary January 2019 Month-Over-Month Year-Over-Year
Median sale price $285,900 -2.1% 2.9%
Homes sold 179,500 -15.5% -7.6%
New listings 270,800 68.3% 4.4%
All Homes for sale 748,100 1.1% 6.3%
Median days on market 57 6 1
Months of supply 4.2 0.7 0.6
Sold above list 16.7% -1.4% -3.5%
Median Off-Market Redfin Estimate $298,800 5.6% 6.3%
Average Sale-to-list 97.3% -0.3% -0.4%

“Things are looking good for buyers in 2019. The supply of homes for sale is increasing faster than it has in nearly four years,” said Redfin chief economist Daryl Fairweather. “December was a rough month for home sales , but homeowners appear to be undeterred in the new year as more are listing their homes for sale. We predicted price growth would slow down and that prices would drop in coastal cities like San Francisco and Seattle , but we didn’t know how sellers would react to a cooler market. It’s encouraging to see that listings are up–it means that sellers aren’t taking the ball and going home.”

Year-Over-Year Price Growth Edged Up Slightly in January

Home prices fell year over year in 10 of the 81 largest metro areas Redfin tracks, including San Francisco (-5.0%) and Portland, Oregon (-1.3%). This is a major shift for two markets that consistently posted strong price growth throughout most of 2018 and where prices haven’t declined significantly since 2012. In Seattle, prices were still growing last month, but barely, up just 0.6 percent year over year, and seem to be following a similar trajectory as their West Coast counterparts.

West Coast Price Growth Weakening

Completed home sales nationally fell for the sixth consecutive month in January, down 7.6 percent from a year earlier. Home sales declined in 57 of the 81 largest metro areas that Redfin tracks.

The number of homes newly listed for sale in January rose from a year earlier (+4.4%), helping to push the total number of homes for sale up 6.3 percent, the biggest supply increase since May of 2015.

“We expect the supply of homes for sale to increase, giving buyers more homes to buy, but not so many that prices drop broadly,” said CEO Glenn Kelman during Redfin’s earnings call last week .

Year-Over-Year Growth in Homes for Sale Hit a 44-Month High in January

Of the 81 largest metro areas Redfin tracks, 54 saw an increase in the number of homes for sale compared to a year earlier, with the largest gains coming in Seattle (+109.1%) and San Jose (+100.8%). Despite these large increases in for-sale inventory, both markets still had less than three months of supply (inventory divided by monthly sales—2.3 in Seattle and 2.5 in San Jose), keeping them in seller’s market territory last month. A market that is balanced between buyers and sellers typically has between four and six months of supply.

The metro areas with the biggest decline in homes for sale were New Orleans (-25.5%), Rochester, NY (-22.2%) and Camden, NJ (-18.6%).

Several indicators of home-buying competition suggest that 2019 kicked off as one of the tamest in years. Home-selling speeds, which reached a record-fast median pace of 35 days on market last May, slowed last month for the first time since July 2015. The typical home that sold in January went under contract in a median of 57 days, one day longer than a year earlier. In January, 16.7 percent of homes sold above the list price, down from 20.2 percent in January 2018, and the smallest share recorded in four years. Meanwhile 23.2 percent of homes on the market in January had a price drop, up from January 2018’s share of 18.9 percent. The share of homes that went under contract within two weeks dipped to 13.3 percent in January, down from the January 2018 level of 16.1 percent.

Other January Highlights

Competition

  • Grand Rapids, MI and Buffalo, NY were the fastest markets, with half of all homes pending sale in just 28 days, up from 26 days a year earlier in Grand Rapids, and down from 35 days a year earlier in Buffalo. Omaha, NE was the next fastest markets with 29 median days on market, followed by Philadelphia (30) and Detroit (33).
  • The most competitive market in January was San Francisco where 48.9% of homes sold above list price, followed by 36.7% in Oakland, CA , 35.3% in Tacoma, WA , 33.6% in Buffalo, NY, and 33.2% in San Jose, CA.

Prices

  • Raleigh, NC had the nation’s highest price growth, rising 14.6% since last year to $247,000. Las Vegas had the second highest growth at 12% year-over-year price growth, followed by Albany, NY (10.8%), St. Louis (10.5%), and Knoxville, TN (9.84%).
  • 10 metros saw price declines in January. San Francisco declined the most since last year falling 5 percent to $1,235,000.

Sales

  • Hampton Roads, VA led the nation in year-over-year sales growth, up 18.2%, followed by Long Island, NY , up 13.3%. Birmingham, AL rounded out the top three with sales up 11.7% from a year ago.
  • Detroit saw the largest decline in sales since last year, falling 34.7%. Home sales in Philadelphia and West Palm Beach, FL declined by 34.3% and 26.2%, respectively.

Inventory

  • Seattle had the highest increase in the number of homes for sale, up 109% year over year, followed by San Jose, CA (101%).
  • New Orleans had the largest decrease in overall inventory, falling 25.5% since last January. Rochester, NY (-22%), Camden, NJ (-19%), and Atlanta (-18%) also saw far fewer homes available on the market than a year ago.

Redfin Estimate

  • The median list price-to-Redfin Estimate ratio was 94.8% in San Francisco, the lowest of any market. This indicates the typical home for sale in January was listed at a price 5.5% below its estimated value. Only 11.4% of homes in San Francisco were listed for more than their Redfin Estimate.
  • Conversely, the median list price-to-Redfin Estimate ratio was 102.4% in Miami and 102.2% in West Palm Beach, FL, which means sellers are listing their homes for more than the estimated value in those metro areas. In Miami, 84.4% of homes were listed above their Redfin Estimate, the highest percentage of any metro.

Below are market-by-market breakdowns for prices, inventory, new listings and sales for markets with populations of 750 thousand or more. For downloadable data on all of the markets Redfin tracks, visit the Redfin Data Center .

Median Sale Price

Redfin Metro Median Sale Price Month-Over-Month Year-Over-Year
Albany, NY $205,000 3.5% 10.8%
Allentown, PA $183,000 -4.9% -1.1%
Atlanta, GA $229,900 -1.3% 4.8%
Austin, TX $295,000 -3.3% 1.7%
Bakersfield, CA $231,000 2.7% 5.7%
Baltimore, MD $249,900 0.0% 4.2%
Baton Rouge, LA $205,000 1.5% 6.1%
Birmingham, AL $182,500 -5.5% 4.2%
Boston, MA $470,000 3.9% 4.4%
Bridgeport, CT $355,000 -6.3% -4.1%
Buffalo, NY $140,500 -4.6% 4.1%
Camden, NJ $175,000 3.6% 7.4%
Charlotte, NC $230,000 -4.0% 5.5%
Chicago, IL $224,000 -0.9% 1.9%
Cincinnati, OH $166,500 3.7% 5.4%
Cleveland, OH $137,000 -5.5% 8.7%
Columbus, OH $189,900 -3.6% 5.1%
Dallas, TX $273,700 -7.2% 1.4%
Dayton, OH $114,400 -11.2% 1.7%
Denver, CO $392,000 -0.3% 3.2%
Detroit, MI $122,000 -1.6% 8.9%
El Paso, TX $151,200 -5.2% 2.2%
Fort Lauderdale, FL $253,000 -0.8% 4.1%
Fort Worth, TX $228,000 -4.2% 4.1%
Fresno, CA $265,000 0.6% 7.5%
Grand Rapids, MI $192,000 1.1% 7.9%
Greenville, SC $206,800 -1.5% 8.9%
Hampton Roads, VA $212,000 -3.6% -3.1%
Hartford, CT $200,000 -7.0% 2.6%
Honolulu, HI $598,000 11.4% 5.8%
Houston, TX $223,100 -7.1% 1.7%
Indianapolis, IN $165,000 -5.7% 4.5%
Jacksonville, FL $210,000 -6.2% 0.5%
Kansas City, MO $209,000 2.1% 8.3%
Knoxville, TN $186,800 -3.5% 9.8%
Las Vegas, NV $280,000 1.8% 12.0%
Long Island, NY $445,000 5.2% 6.0%
Los Angeles, CA $590,000 -1.7% 2.6%
Louisville, KY $180,000 -2.7% 2.0%
McAllen, TX $149,000 2.1% -0.3%
Memphis, TN $160,000 -2.7% -1.5%
Miami, FL $290,000 -0.7% 1.8%
Milwaukee, WI $195,000 -0.5% 6.6%
Minneapolis, MN $257,800 -2.7% 5.2%
Montgomery County, PA $300,000 0.0% 3.6%
Nashville, TN $282,500 -2.6% 4.7%
New Haven, CT $185,300 -10.7% 0.2%
New Orleans, LA $204,400 -4.7% 6.9%
New York, NY $395,000 2.6% 2.6%
Newark, NJ $322,000 -2.4% 3.9%
Oakland, CA $663,000 -3.2% 2.0%
Oklahoma City, OK $167,000 1.6% 5.7%
Omaha, NE $191,500 2.0% 5.5%
Orange County, CA $685,000 0.7% 1.6%
Orlando, FL $242,500 -3.0% 3.2%
Oxnard, CA $580,000 -3.3% -3.3%
Philadelphia, PA $195,000 4.3% 8.9%
Phoenix, AZ $266,000 0.4% 7.0%
Pittsburgh, PA $147,800 -7.7% -1.2%
Portland, OR $380,000 -0.8% -1.3%
Providence, RI $260,000 -1.9% 6.1%
Raleigh, NC $247,000 5.9% 14.6%
Richmond, VA $235,000 -0.2% 5.4%
Riverside, CA $357,500 -0.4% 2.1%
Rochester, NY $130,300 -4.3% 2.7%
Sacramento, CA $369,000 -5.4% 0.0%
Salt Lake City, UT $319,200 1.3% 9.0%
San Antonio, TX $215,000 -2.7% 4.9%
San Diego, CA $560,000 -0.9% 4.7%
San Francisco, CA $1,235,000 -8.5% -5.0%
San Jose, CA $1,025,000 0.5% 3.0%
Seattle, WA $518,000 -3.5% 0.6%
St. Louis, MO $173,000 0.3% 10.5%
Tacoma, WA $337,000 -0.9% 8.4%
Tampa, FL $220,000 -4.3% 6.3%
Tucson, AZ $215,000 2.4% 7.6%
Tulsa, OK $155,000 -3.4% -2.5%
Warren, MI $189,900 -0.1% 3.8%
Washington, DC $380,000 -2.6% 3.3%
West Palm Beach, FL $263,000 -2.6% 1.2%
Worcester, MA $245,000 -4.9% 2.1%
National $285,900 -2.1% 2.9%

Homes Sold

Redfin Metro Homes Sold Month-Over-Month Year-Over-Year
Albany, NY 605 -26.5% -12.4%
Allentown, PA 657 -10.6% 1.5%
Atlanta, GA 5,862 -24.2% -13.5%
Austin, TX 1,626 -36.1% -8.5%
Bakersfield, CA 522 -17.8% -8.9%
Baltimore, MD 3,390 23.9% 9.4%
Baton Rouge, LA 586 -0.5% -5.5%
Birmingham, AL 905 -4.2% 11.7%
Boston, MA 2,632 -28.0% -13.1%
Bridgeport, CT 674 -29.7% -10.6%
Buffalo, NY 643 -38.2% -21.9%
Camden, NJ 1,740 12.3% 6.2%
Charlotte, NC 2,173 -23.6% -6.2%
Chicago, IL 5,201 -24.7% -25.5%
Cincinnati, OH 1,353 -23.3% -7.8%
Cleveland, OH 1,524 -26.1% -5.2%
Columbus, OH 1,981 16.3% 9.9%
Dallas, TX 3,059 -36.3% -15.7%
Dayton, OH 814 1.1% 11.5%
Denver, CO 3,302 4.7% 3.9%
Detroit, MI 1,190 -39.6% -34.7%
El Paso, TX 488 -25.7% 6.8%
Fort Lauderdale, FL 2,181 -7.1% -8.1%
Fort Worth, TX 1,687 -34.0% -15.4%
Fresno, CA 509 -23.3% -12.1%
Grand Rapids, MI 1,022 10.1% -7.7%
Greenville, SC 664 -20.1% -8.3%
Hampton Roads, VA 1,629 3.6% 18.2%
Hartford, CT 869 -27.0% -4.9%
Honolulu, HI 572 -17.2% -8.0%
Houston, TX 4,088 -39.8% -12.6%
Indianapolis, IN 1,587 -32.5% -11.5%
Jacksonville, FL 1,883 -0.7% 8.0%
Kansas City, MO 1,706 -22.1% -14.4%
Knoxville, TN 821 -8.2% -1.3%
Las Vegas, NV 2,268 -15.3% -18.9%
Long Island, NY 2,709 -14.9% 13.3%
Los Angeles, CA 3,723 -22.3% -16.4%
Louisville, KY 1,061 8.9% 1.2%
McAllen, TX 177 -11.1% -9.2%
Memphis, TN 917 12.7% 4.4%
Miami, FL 2,406 30.8% 7.4%
Milwaukee, WI 1,158 10.4% 7.3%
Minneapolis, MN 3,885 -9.5% 11.6%
Montgomery County, PA 1,500 -20.0% -10.4%
Nashville, TN 2,343 -8.3% 1.6%
New Haven, CT 621 -14.1% -6.2%
New Orleans, LA 872 -5.4% -4.6%
New York, NY 7,556 17.4% 4.7%
Newark, NJ 1,980 -14.7% -17.2%
Oakland, CA 1,239 -25.5% -11.5%
Oklahoma City, OK 1,257 0.4% 4.0%
Omaha, NE 633 -25.9% -20.3%
Orange County, CA 1,460 -17.5% -20.1%
Orlando, FL 3,218 8.2% 4.8%
Oxnard, CA 447 -17.5% -13.4%
Philadelphia, PA 1,361 -31.5% -34.3%
Phoenix, AZ 5,165 -15.1% -15.5%
Pittsburgh, PA 1,392 -29.6% -11.1%
Portland, OR 1,929 -21.8% -11.1%
Providence, RI 1,151 -25.1% -5.8%
Raleigh, NC 217 -41.0% -6.5%
Richmond, VA 1,076 -10.5% 2.5%
Riverside, CA 3,184 -12.4% -18.4%
Rochester, NY 663 -27.7% -14.8%
Sacramento, CA 1,559 -18.9% -21.7%
Salt Lake City, UT 939 -24.2% -21.0%
San Antonio, TX 1,585 -24.7% 0.5%
San Diego, CA 1,799 -18.9% -18.5%
San Francisco, CA 483 -33.4% -4.7%
San Jose, CA 623 -28.3% -11.6%
Seattle, WA 2,185 -28.1% -13.1%
St. Louis, MO 2,160 -21.0% -5.9%
Tacoma, WA 815 -24.9% -18.3%
Tampa, FL 4,345 13.9% 4.4%
Tucson, AZ 969 -18.1% -2.6%
Tulsa, OK 773 0.3% 1.7%
Warren, MI 2,884 23.0% -5.2%
Washington, DC 5,468 -16.9% -3.7%
West Palm Beach, FL 1,809 -18.9% -26.2%
Worcester, MA 686 -26.6% -13.2%
National 179,500 -15.5% -7.6%

New Listings

Redfin Metro New Listings Month-Over-Month Year-Over-Year
Albany, NY 719 49.8% 5.3%
Albuquerque, NM 1,031 37.3% -7.3%
Allentown, PA 837 68.8% 10.7%
Atlanta, GA 9,070 61.6% 19.8%
Austin, TX 2,813 66.7% 13.2%
Bakersfield, CA 870 70.6% -4.0%
Baltimore, MD 3,148 44.6% -0.1%
Baton Rouge, LA 1,013 61.3% 5.5%
Birmingham, AL 1,276 71.7% -1.7%
Boston, MA 3,628 129.8% 26.5%
Bridgeport, CT 1,133 139.0% 7.0%
Buffalo, NY 756 38.5% 6.2%
Camden, NJ 1,878 63.2% -2.2%
Charlotte, NC 3,400 75.9% 11.5%
Chicago, IL 8,899 82.8% -5.0%
Cincinnati, OH 1,765 68.4% 3.3%
Cleveland, OH 2,155 49.4% -1.8%
Columbus, OH 1,928 49.2% 7.0%
Dallas, TX 6,158 62.9% 6.2%
Dayton, OH 737 47.7% -5.0%
Denver, CO 4,172 111.8% 10.3%
Detroit, MI 1,688 20.9% -2.6%
El Paso, TX 841 54.3% 32.4%
Fort Lauderdale, FL 4,589 61.6% 2.9%
Fort Worth, TX 3,132 59.9% 8.8%
Fresno, CA 794 65.1% -7.7%
Grand Rapids, MI 733 24.2% -18.8%
Greenville, SC 1,109 71.1% 5.7%
Hampton Roads, VA 2,106 59.4% 11.3%
Hartford, CT 1,030 56.3% -1.3%
Honolulu, HI 1,141 73.4% 13.8%
Houston, TX 8,521 54.1% 10.1%
Indianapolis, IN 2,035 41.4% 2.6%
Jacksonville, FL 2,588 62.0% 7.3%
Kansas City, MO 2,179 46.6% -7.8%
Knoxville, TN 1,167 61.6% 54.6%
Las Vegas, NV 4,096 56.7% 11.9%
Long Island, NY 3,044 97.0% 12.9%
Los Angeles, CA 6,654 95.1% -4.4%
Louisville, KY 1,197 60.5% 4.3%
McAllen, TX 443 38.9% -6.1%
Memphis, TN 1,026 30.2% 3.6%
Miami, FL 4,693 52.2% -1.5%
Milwaukee, WI 1,230 13.6% 0.5%
Minneapolis, MN 3,473 86.1% 4.5%
Montgomery County, PA 1,946 95.2% 2.0%
Nashville, TN 3,291 61.5% 9.1%
New Haven, CT 766 56.6% 0.0%
New Orleans, LA 1,388 69.3% 36.3%
New York, NY 10,793 95.1% 9.1%
Newark, NJ 2,704 84.7% 4.0%
Oakland, CA 2,061 141.6% 3.6%
Oklahoma City, OK 1,609 49.4% -5.5%
Omaha, NE 777 81.1% 1.0%
Orange County, CA 2,641 105.8% -2.7%
Orlando, FL 4,451 57.1% 4.7%
Oxnard, CA 741 79.9% 6.5%
Philadelphia, PA 2,305 59.5% 6.7%
Phoenix, AZ 8,526 69.2% -9.2%
Pittsburgh, PA 1,873 69.3% 11.2%
Portland, OR 2,833 104.7% 18.1%
Providence, RI 1,461 65.3% 10.8%
Richmond, VA 1,381 71.6% 1.7%
Riverside, CA 5,382 74.4% -7.2%
Rochester, NY 762 79.3% 10.3%
Sacramento, CA 2,224 71.2% -11.1%
Salt Lake City, UT 1,414 62.5% -4.8%
San Antonio, TX 2,850 58.2% 9.1%
San Diego, CA 3,175 96.6% -6.5%
San Francisco, CA 992 270.1% 10.5%
San Jose, CA 1,102 179.7% 10.1%
Seattle, WA 3,123 141.5% 0.1%
St. Louis, MO 2,775 57.1% -6.3%
Tacoma, WA 1,128 88.6% -2.3%
Tampa, FL 6,545 57.7% 2.8%
Tucson, AZ 1,801 80.3% 7.7%
Tulsa, OK 1,042 45.5% -5.8%
Warren, MI 2,815 48.9% 2.3%
Washington, DC 6,025 64.4% -5.8%
West Palm Beach, FL 4,634 62.1% 1.6%
Worcester, MA 763 51.1% 10.4%
National 270,800 68.3% 4.4%

All Homes for Sale

Redfin Metro All Homes for Sale Month-Over-Month Year-Over-Year
Albany, NY 2,442 -6.9% 3.6%
Albuquerque, NM 3,575 3.3% -1.2%
Allentown, PA 2,925 15.9% 30.2%
Atlanta, GA 21,249 -5.1% -18.5%
Austin, TX 6,349 -4.1% 9.4%
Bakersfield, CA 1,839 -3.4% -2.3%
Baltimore, MD 8,770 -4.3% 2.1%
Baton Rouge, LA 4,373 12.1% 35.1%
Birmingham, AL 4,001 2.8% -14.3%
Boston, MA 6,141 -3.3% 24.9%
Bridgeport, CT 4,441 1.0% -2.7%
Buffalo, NY 1,676 -9.9% 0.7%
Camden, NJ 5,761 -0.9% -18.6%
Charlotte, NC 9,532 2.9% 0.9%
Chicago, IL 31,150 0.0% 2.8%
Cincinnati, OH 5,691 4.4% -1.0%
Cleveland, OH 6,765 -3.0% -5.9%
Columbus, OH 4,775 -1.6% 5.7%
Dallas, TX 14,705 -1.7% 21.6%
Dayton, OH 2,158 -7.6% -7.8%
Denver, CO 5,698 -1.0% 37.0%
Detroit, MI 4,472 -8.8% 10.9%
El Paso, TX 2,405 0.8% -12.0%
Fort Lauderdale, FL 15,270 9.3% 16.3%
Fort Worth, TX 6,194 -4.1% 8.9%
Fresno, CA 1,608 -2.7% 15.4%
Grand Rapids, MI 1,522 -13.7% -12.7%
Greenville, SC 3,738 6.8% 9.7%
Hampton Roads, VA 5,948 -3.6% -10.8%
Hartford, CT 3,995 -7.1% -10.2%
Honolulu, HI 3,603 14.4% 26.8%
Houston, TX 24,705 -1.5% 12.2%
Indianapolis, IN 4,630 -11.9% -12.8%
Jacksonville, FL 7,133 1.9% 10.6%
Knoxville, TN 3,640 11.2% 1.1%
Las Vegas, NV 10,362 6.3% 23.2%
Long Island, NY 9,347 1.1% 7.9%
Los Angeles, CA 15,945 2.0% 20.6%
Louisville, KY 2,755 -3.4% 8.6%
McAllen, TX 1,968 1.7% 8.5%
Memphis, TN 2,521 -4.1% -7.0%
Miami, FL 19,425 2.5% 8.0%
Milwaukee, WI 3,659 0.3% -9.0%
Minneapolis, MN 7,219 -7.1% 4.5%
Montgomery County, PA 5,114 4.5% -16.9%
Nashville, TN 10,059 2.5% 24.5%
New Haven, CT 2,921 -7.2% -11.4%
New Orleans, LA 4,215 9.3% -25.5%
New York, NY 44,537 -2.5% 2.6%
Newark, NJ 8,421 0.0% 3.0%
Oakland, CA 2,615 11.7% 54.6%
Oklahoma City, OK 4,281 -8.0% -17.6%
Omaha, NE 1,514 -11.1% 0.1%
Orange County, CA 6,987 3.4% 27.8%
Orlando, FL 9,848 -0.4% 6.6%
Oxnard, CA 1,567 -0.2% 29.6%
Philadelphia, PA 5,823 5.9% -11.3%
Phoenix, AZ 18,284 5.1% -6.9%
Pittsburgh, PA 7,499 0.6% -9.8%
Portland, OR 5,843 -4.5% 47.6%
Providence, RI 4,530 -5.2% 8.5%
Richmond, VA 2,763 -6.1% 0.3%
Riverside, CA 15,053 0.1% 7.3%
Rochester, NY 1,325 -9.2% -22.2%
Sacramento, CA 4,090 -8.1% 16.4%
Salt Lake City, UT 4,193 15.8% 53.8%
San Antonio, TX 7,498 -3.4% -1.1%
San Diego, CA 6,475 -2.4% 37.6%
San Francisco, CA 1,305 32.0% 47.1%
San Jose, CA 1,550 11.0% 100.8%
Seattle, WA 5,004 -9.4% 109.1%
St. Louis, MO 9,692 3.6% 1.7%
Tacoma, WA 1,629 -10.7% 8.3%
Tampa, FL 14,365 1.5% 13.6%
Tucson, AZ 4,441 8.2% -2.1%
Tulsa, OK 4,013 14.9% 15.8%
Warren, MI 6,767 -8.3% 18.0%
Washington, DC 13,344 2.2% 2.7%
West Palm Beach, FL 15,503 10.2% 5.0%
Worcester, MA 1,761 -14.2% -6.6%
National 748,100 1.1% 6.3%

Median Off-Market Redfin Estimate

Redfin Metro Estimate Month-Over-Month Year-Over-Year
Albany, NY $214,100 -0.5% 3.6%
Allentown, PA $208,700 -0.2% 5.7%
Atlanta, GA $218,600 0.4% 11.0%
Austin, TX $299,900 0.0% 4.1%
Bakersfield, CA $215,700 0.1% 7.7%
Baltimore, MD $253,300 -0.2% 3.5%
Baton Rouge, LA $151,800 0.3% 2.7%
Birmingham, AL $148,500 -0.1% 5.3%
Boston, MA $485,900 -0.3% 5.4%
Buffalo, NY $155,900 -0.4% 5.9%
Camden, NJ $192,400 -0.2% 3.4%
Charlotte, NC $205,600 0.3% 13.3%
Chicago, IL $242,000 -0.2% 5.6%
Cincinnati, OH $167,800 -0.1% 8.0%
Cleveland, OH $138,200 0.0% 6.6%
Columbus, OH $189,000 0.3% 10.0%
Dallas, TX $256,300 0.1% 5.8%
Dayton, OH $116,500 -0.2% 5.3%
Denver, CO $409,800 0.1% 7.4%
Detroit, MI $105,700 -0.4% 22.5%
Fort Lauderdale, FL $264,500 0.7% 6.5%
Fort Worth, TX $213,100 0.3% 8.5%
Fresno, CA $253,600 0.2% 6.8%
Grand Rapids, MI $159,700 -0.1% 7.9%
Greenville, SC $169,400 0.4% 8.6%
Hampton Roads, VA $223,800 -0.2% 3.7%
Honolulu, HI $689,100 -0.1% 2.9%
Houston, TX $208,000 0.3% 5.8%
Indianapolis, IN $160,100 0.1% 8.8%
Jacksonville, FL $217,000 0.3% 8.8%
Kansas City, MO $185,700 0.0% 6.8%
Knoxville, TN $150,500 0.3% 7.8%
Las Vegas, NV $273,200 0.2% 12.1%
Long Island, NY $443,100 0.0% 5.0%
Los Angeles, CA $629,200 -0.2% 6.8%
Louisville, KY $150,800 0.1% 5.8%
Memphis, TN $135,700 0.9% 6.7%
Miami, FL $296,700 0.5% 6.4%
Milwaukee, WI $208,100 -0.6% 9.4%
Minneapolis, MN $258,500 0.0% 7.0%
Montgomery County, PA $316,000 0.0% 3.2%
Nashville, TN $248,300 0.2% 7.9%
New Orleans, LA $169,800 0.1% 1.7%
Newark, NJ $372,000 0.1% 15.0%
Oakland, CA $760,400 -0.8% 5.5%
Oklahoma City, OK $141,400 0.3% 4.8%
Omaha, NE $169,200 0.2% 6.5%
Orange County, CA $711,800 -0.2% 4.0%
Orlando, FL $231,800 0.4% 7.6%
Oxnard, CA $599,800 -0.3% 3.4%
Philadelphia, PA $199,000 -0.5% 5.3%
Phoenix, AZ $268,100 0.3% 7.5%
Pittsburgh, PA $144,400 -0.2% 6.8%
Portland, OR $390,600 0.2% 3.7%
Providence, RI $294,500 -0.2% 5.1%
Raleigh, NC $260,000 -1.7% 4.8%
Richmond, VA $222,600 0.1% 5.5%
Riverside, CA $364,600 0.0% 6.0%
Rochester, NY $143,700 -0.6% 6.0%
Sacramento, CA $400,200 -0.3% 5.1%
Salt Lake City, UT $324,800 0.2% 9.1%
San Antonio, TX $192,200 0.3% 5.8%
San Diego, CA $590,300 -0.3% 4.9%
San Francisco, CA $1,328,000 -1.0% 5.7%
San Jose, CA $1,208,600 -1.2% 7.7%
Seattle, WA $556,700 -0.7% 6.5%
St. Louis, MO $155,600 0.2% 5.6%
Tacoma, WA $344,500 0.0% 7.6%
Tampa, FL $218,700 0.2% 7.2%
Tucson, AZ $207,800 0.4% 7.2%
Tulsa, OK $138,900 0.0% 4.5%
Warren, MI $210,900 -0.3% 6.8%
Washington, DC $387,200 -0.1% 3.7%
West Palm Beach, FL $265,200 0.1% 4.9%
Worcester, MA $283,500 -0.2% 6.6%
National $298,800 5.6% 6.3%

The post Home Price Growth Edged Up Nationally in January While the West Coast Began Seeing Red appeared first on Redfin Real-Time .

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