Home Sales Surge in Florida as California Markets See Double-Digit Annual Declines in March

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Home sales and prices fell year over year in San Francisco, San Jose and Orange County as housing activity surged in metros with lower home prices and tax burdens

U.S. home-sale prices were essentially unchanged in March, ticking down by 0.1 percent from a year ago, to a median of $295,100 across the metros Redfin tracks. Although this barely registers as a decline, it’s the first year-over-year price decrease on record since February of 2012, when the median home sale price bottomed out at $171,600.

Year Over Year Home Price Growth Flattens Nationwide in March

Only nine of the 85 largest metro areas Redfin tracks saw a year-over-year decline in their median price, including a 13 percent drop in San Jose and a 1 percent dip in San Francisco . At the same time, these and other expensive West Coast markets, including Los Angeles , Orange County , and Seattle posted double-digit year-over-year declines in the number of homes sold while several large affordable markets on the East Coast saw big annual sales gains. As housing market activity shifted from more to less expensive places, the median price (which is the midpoint of all sales) shifted to reflect the homes that sold last month.

”Homebuyers have backed off in West Coast metros where home prices have risen far out of their budgets,” said Redfin chief economist Daryl Fairweather . “The opposite is happening in more affordable metros where buyers are eager to buy now to take advantage of low mortgage rates. In California, where the tax burden is high, some people are finding they have to move out of state to afford to buy a home. As a result, home sales are down in metros throughout the state.”

Much like the national home price chart, the headline number that sales increased 2 percent masks a lot of variation among metro areas. The number of homes sold actually fell in 37 of the 85 largest metro areas that Redfin tracks. Meanwhile, 24 metro areas saw double-digit increases in home sales compared to a year earlier.

Home Sales Increasing Year Over Year

What’s important is where home sales fell versus where home sales increased. Compare the median prices of the 10 metro areas that experienced the biggest increases in home sales compared to last year with the 10 that saw the biggest decreases in sales:

Biggest Gains in Home Sales Biggest Declines in Home Sales
Rank Metro Area Year-Over-Year Sales Median Price Metro Area Year-Over-Year Sales Median Price
1 Camden, NJ 56.2% $180,000 Salt Lake City, UT -21.0% $320,000
2 Baltimore, MD 34.5% $255,000 Los Angeles, CA -19.4% $620,000
3 Allentown, PA 24.9% $184,700 Las Vegas, NV -18.8% $280,000
4 Newark, NJ 22.7% $328,900 Orange County, CA -16.4% $700,000
5 Memphis, TN 20.2% $165,000 Fresno, CA -16.0% $275,000
6 Tampa, FL 19.3% $225,000 Oxnard, CA -15.6% $600,000
7 Warren, MI 18.7% $205,000 Seattle, WA -15.0% $560,000
8 New York, NY 18.2% $383,625 Riverside, CA -14.3% $370,000
9 Pittsburgh, PA 16.7% $162,000 San Jose, CA -14.3% $1,115,000
10 Greenville, SC 15.7% $206,932 San Francisco, CA -13.7% $1,400,000
Average $229,616 Average $624,000

*A previous version of this report listed Orlando, FL as 4th among metros with the biggest sales gains. While we look into a potential issue with our Orlando data, we’ve removed Orlando from this list and Greenville, SC, has been added to the end of the top 10 ranking. We’ve also removed Orlando data from the Price, Sales, Inventory and New Listings tables at the end of this post.

On average, the metro areas that saw the biggest declines in home sales were more than 2.5 times as expensive as the metro areas where sales surged. The cheapest of the 10 metro areas where sales declined (Fresno, $275,000) was still more expensive than eight of the top 10 metros where sales surged.

“Salt Lake City and Las Vegas experienced rapid home price growth in 2017 and 2018,” explained Fairweather. “Even though these metros are still affordable to Californians, home sales are likely down because it has become harder for locals to afford to buy homes.”

Market Summary March 2019 Month-Over-Month Year-Over-Year
Median sale price $295,100 2.6% -0.1%
Homes sold 259,100 39.1% 2.0%
New listings 353,400 27.9% -2.8%
All Homes for sale 800,400 3.2% 3.6%
Median days on market 49 -10 1
Months of supply 3.1 -1.1 0.1
Sold above list 20.0% 1.6% -4.5%
Median Off-Market Redfin Estimate $299,000 0.3% 6.2%
Average Sale-to-list 97.9% 0.3% -0.6%

The number of homes for sale at the end of the month was up 3.6 percent from a year earlier in March. The number of homes newly listed for sale fell 2.8 percent from March 2018.

Year Over Year Growth in Homes for Sale Dipped Again in March

Of the 85 largest metro areas Redfin tracks, 46 saw an increase in the number of homes for sale compared to a year earlier, with the largest gains coming yet again in San Jose (+104.3%) and Seattle (+82.9%). The metro areas with the biggest declines in homes for sale were Albuquerque (-36.4%) and New Orleans (-34.4%).

Home-selling speeds were largely unchanged from a year earlier nationally, increasing just one day to a median of 49 days on market. Again though, there was significant variation among metro areas, with 14 metro areas speeding up by 10 days or more from a year earlier and 15 metro areas slowing down by 10 days or more.

Many of the markets slowing down the most were clustered on the West Coast, such as Orange County (+18 days), San Diego (+16 days), Los Angeles, (+15 days), Portland, OR egon (+14 days), San Jose (+13 days) and Seattle (+12 days). On the flip side, the markets speeding up the most were mostly inexpensive metro areas on the East Coast or in the South or Midwest, such as New Orleans (-64 days), Knoxville, Tennessee (-48 days), Philadelphia (-29 days), Pittsburgh (-19 days), Atlanta (-16 days) and Indianapolis (-13 days).

In March, 20.0 percent of homes sold above the list price, down from 24.5 percent in March 2018. Meanwhile 22.5 percent of homes on the market in March had a price drop, up from March 2018’s share of 20.2 percent.

Other March Highlights

Competition

  • Denver was the fastest market, with half of all homes pending sale in just 15 days, up from 7 days a year earlier. Oakland, CA and San Francisco were the next fastest markets with 16 and 19 median days on market, followed by Washington, DC (19) and Seattle (19).
  • The most competitive market in March was San Francisco where 60.5% of homes sold above list price, followed by 52.3% in Oakland, CA, 49.5% in San Jose, CA, 40.0% in Tacoma, WA, and 35.4% in Minneapolis.

Prices

  • Camden, NJ had the nation’s highest price growth, rising 12.7% since last year to $180,000. Milwaukee had the second highest growth at 12.6% year-over-year price growth, followed by Dayton, OH (12.1%), Detroit (11.5%), and Long Island, NY (11.2%).
  • 9 metros saw price declines in March. San Jose, CA declined the most since last year falling 12.9 percent to $1,115,000.

Sales

  • Camden, NJ led the nation in year-over-year sales growth, up 56.2%, followed by Baltimore, up 34.5%. Allentown, PA rounded out the top three with sales up 24.9% from a year ago.
  • Salt Lake City saw the largest decline in sales since last year, falling 21.0%. Home sales in Los Angeles and Las Vegas declined by 19.4% and 18.8%, respectively.

Inventory

  • San Jose, CA had the highest increase in the number of homes for sale, up 104% year over year, followed by Seattle (83%) and Salt Lake City (53%).
  • Albuquerque, NM had the largest decrease in overall inventory, falling 36.4% since last March. New Orleans (-34%), Rochester, NY (-27%), and Montgomery County, PA (-22%) also saw far fewer homes available on the market than a year ago.

Redfin Estimate

  • The median list price-to-Redfin Estimate ratio was 95.4% in San Francisco, the lowest of any market. Only 10.9% of homes in San Francisco were listed for more than their Redfin Estimate.
  • Conversely, the median list price-to-Redfin Estimate ratio was 102.3% in Miami and 102.1% in West Palm Beach, FL, which means sellers are listing their homes for more than the estimated value in those metro areas. In Miami, 82.0% 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 $200,000 1.0% 2.4%
Allentown, PA $184,700 -0.6% -2.8%
Atlanta, GA $242,100 5.3% 5.3%
Austin, TX $305,000 3.4% 1.7%
Bakersfield, CA $235,000 1.8% 5.1%
Baltimore, MD $255,000 2.0% -0.8%
Baton Rouge, LA $198,500 0.8% 1.8%
Birmingham, AL $205,000 10.8% 6.4%
Boston, MA $472,000 4.8% 2.2%
Bridgeport, CT $363,300 10.4% -0.5%
Buffalo, NY $146,000 0.7% 5.8%
Camden, NJ $180,000 6.5% 12.7%
Charlotte, NC $245,700 4.6% 3.7%
Chicago, IL $240,000 4.3% 0.4%
Cincinnati, OH $177,000 4.1% 5.4%
Cleveland, OH $145,000 6.0% 7.4%
Columbus, OH $200,800 2.9% 8.5%
Dallas, TX $295,000 3.5% 0.0%
Dayton, OH $129,900 6.5% 12.1%
Denver, CO $408,600 2.2% 1.4%
Detroit, MI $128,200 8.2% 11.5%
El Paso, TX $158,000 -3.1% 3.2%
Fort Lauderdale, FL $265,000 2.3% 6.0%
Fort Worth, TX $245,000 4.3% 5.4%
Fresno, CA $275,000 5.8% 5.8%
Grand Rapids, MI $196,100 1.7% 4.6%
Greenville, SC $206,900 3.5% 3.5%
Hampton Roads, VA $220,000 0.0% -2.2%
Hartford, CT $205,000 6.0% -2.3%
Honolulu, HI $585,000 7.3% 4.8%
Houston, TX $240,000 3.4% 2.6%
Indianapolis, IN $180,500 6.2% 4.2%
Jacksonville, FL $229,900 4.7% 2.2%
Kansas City, MO $215,000 7.5% 4.8%
Knoxville, TN $195,000 3.9% 2.6%
Las Vegas, NV $280,000 1.8% 5.7%
Long Island, NY $450,000 5.9% 11.2%
Los Angeles, CA $620,000 2.9% 3.3%
Louisville, KY $179,900 -4.1% 3.1%
McAllen, TX $153,800 2.5% 9.0%
Memphis, TN $165,000 0.6% -0.9%
Miami, FL $300,000 3.4% 1.7%
Milwaukee, WI $210,000 12.9% 12.6%
Minneapolis, MN $275,000 5.8% 7.4%
Montgomery County, PA $305,000 10.7% 5.5%
Nashville, TN $288,000 2.9% 2.9%
New Haven, CT $199,900 2.3% 8.1%
New Orleans, LA $210,000 2.4% 5.0%
New York, NY $383,600 1.6% 3.7%
Newark, NJ $328,900 1.2% 6.1%
Oakland, CA $735,000 5.0% 2.1%
Oklahoma City, OK $178,000 1.7% 7.9%
Omaha, NE $202,000 5.5% 10.4%
Orange County, CA $700,000 3.1% -1.4%
Oxnard, CA $600,000 4.5% 3.5%
Philadelphia, PA $200,000 11.1% 6.7%
Phoenix, AZ $270,000 1.0% 5.3%
Pittsburgh, PA $162,000 7.3% 1.2%
Portland, OR $392,000 0.5% 1.8%
Providence, RI $267,500 4.9% 4.9%
Raleigh, NC $285,000 -0.5% 1.8%
Richmond, VA $250,000 9.2% 4.7%
Riverside, CA $370,000 1.1% 4.2%
Rochester, NY $137,500 6.0% 5.9%
Sacramento, CA $395,000 1.9% 1.3%
Salt Lake City, UT $320,000 0.3% 2.6%
San Antonio, TX $223,800 2.9% 4.1%
San Diego, CA $565,000 0.9% 0.9%
San Francisco, CA $1,400,000 9.4% -1.2%
San Jose, CA $1,115,000 6.2% -12.9%
Seattle, WA $560,000 2.7% 0.0%
St. Louis, MO $176,000 7.0% 5.1%
Tacoma, WA $365,000 1.7% 4.3%
Tampa, FL $225,000 0.0% 2.7%
Tucson, AZ $219,000 1.5% 6.8%
Tulsa, OK $165,000 5.1% 3.1%
Warren, MI $205,000 9.7% 5.1%
Washington, DC $390,000 2.6% 0.0%
West Palm Beach, FL $272,500 0.2% 0.0%
Worcester, MA $250,000 3.1% 4.2%
National $295,100 2.6% -0.1%

Homes Sold

Redfin Metro Homes Sold Month-Over-Month Year-Over-Year
Albany, NY 687 26.1% -3.5%
Allentown, PA 854 48.3% 24.9%
Atlanta, GA 9,582 39.3% 0.0%
Austin, TX 2,803 22.1% -5.5%
Bakersfield, CA 698 35.3% -8.4%
Baltimore, MD 4,161 71.8% 34.5%
Baton Rouge, LA 913 33.1% 2.5%
Birmingham, AL 1,526 44.9% 6.9%
Boston, MA 3,164 31.6% 0.2%
Bridgeport, CT 805 33.5% 5.1%
Buffalo, NY 702 13.2% -3.7%
Camden, NJ 2,129 51.7% 56.2%
Charlotte, NC 3,480 37.6% 0.2%
Chicago, IL 8,013 44.6% -2.7%
Cincinnati, OH 2,009 34.2% -1.3%
Cleveland, OH 2,115 33.5% -8.4%
Columbus, OH 2,590 66.8% 10.9%
Dallas, TX 5,351 31.2% -5.5%
Dayton, OH 1,027 62.0% 13.2%
Denver, CO 4,805 50.8% 10.7%
Detroit, MI 1,704 11.4% 10.1%
El Paso, TX 691 29.9% 3.9%
Fort Lauderdale, FL 3,286 66.4% 1.2%
Fort Worth, TX 2,913 28.7% 0.4%
Fresno, CA 695 42.7% -16.0%
Grand Rapids, MI 1,231 39.6% 8.2%
Greenville, SC 1,192 42.1% 15.7%
Hampton Roads, VA 2,253 45.4% 11.2%
Hartford, CT 1,037 40.5% 7.2%
Honolulu, HI 748 43.8% -6.1%
Houston, TX 7,181 32.1% -0.2%
Indianapolis, IN 2,575 35.5% -5.4%
Jacksonville, FL 2,630 46.1% 14.0%
Kansas City, MO 2,460 31.9% -12.9%
Knoxville, TN 1,173 40.6% 6.8%
Las Vegas, NV 3,243 29.4% -18.8%
Long Island, NY 2,349 1.2% -5.7%
Los Angeles, CA 5,170 36.8% -19.4%
Louisville, KY 1,362 51.2% 9.4%
McAllen, TX 246 3.8% -8.6%
Memphis, TN 1,228 45.0% 20.2%
Miami, FL 3,087 63.3% 14.5%
Milwaukee, WI 1,536 47.6% 5.9%
Minneapolis, MN 4,415 47.7% 15.6%
Montgomery County, PA 2,011 46.7% 14.7%
Nashville, TN 3,377 45.4% 10.8%
New Haven, CT 733 33.8% 7.5%
New Orleans, LA 1,214 27.7% 14.5%
New York, NY 7,317 30.8% 18.2%
Newark, NJ 2,297 34.1% 22.7%
Oakland, CA 2,002 41.5% -12.8%
Oklahoma City, OK 1,986 56.7% 14.1%
Omaha, NE 881 12.4% -6.1%
Orange County, CA 2,187 42.8% -16.4%
Oxnard, CA 608 24.1% -15.6%
Philadelphia, PA 1,918 41.8% 6.5%
Phoenix, AZ 8,093 30.4% -13.7%
Pittsburgh, PA 2,143 61.6% 16.7%
Portland, OR 2,820 22.7% -9.3%
Providence, RI 1,415 31.0% -1.9%
Raleigh, NC 2,278 33.1% 6.7%
Richmond, VA 1,618 53.8% 4.1%
Riverside, CA 4,378 32.1% -14.3%
Rochester, NY 721 14.3% -9.1%
Sacramento, CA 2,335 30.7% -11.1%
Salt Lake City, UT 1,325 18.0% -21.0%
San Antonio, TX 2,544 27.3% -2.7%
San Diego, CA 2,722 28.0% -8.1%
San Francisco, CA 879 46.5% -13.7%
San Jose, CA 1,134 51.8% -14.3%
Seattle, WA 3,191 16.5% -15.0%
St. Louis, MO 3,017 28.5% -6.2%
Tacoma, WA 1,198 25.1% -12.6%
Tampa, FL 6,409 60.3% 19.3%
Tucson, AZ 1,535 36.8% -5.1%
Tulsa, OK 1,178 60.5% 11.1%
Warren, MI 3,476 57.1% 18.7%
Washington, DC 7,815 51.0% 9.9%
West Palm Beach, FL 3,179 67.2% 1.1%
Worcester, MA 744 12.9% -0.3%
National 259,100 39.1% 2.0%

New Listings

Redfin Metro New Listings Month-Over-Month Year-Over-Year
Albany, NY 984 49.5% 2.6%
Albuquerque, NM 1,042 25.4% -32.2%
Allentown, PA 1,084 31.9% 4.8%
Atlanta, GA 12,047 26.5% 6.1%
Austin, TX 4,053 32.7% -3.8%
Bakersfield, CA 1,006 20.9% -6.0%
Baltimore, MD 5,176 45.5% -4.6%
Baton Rouge, LA 1,196 14.8% -6.6%
Birmingham, AL 1,785 28.9% -3.0%
Boston, MA 5,777 51.5% 11.6%
Bridgeport, CT 1,784 35.3% 5.0%
Buffalo, NY 1,083 51.5% -2.7%
Camden, NJ 2,442 31.1% 2.1%
Charlotte, NC 4,630 28.1% -8.5%
Chicago, IL 15,675 31.9% -2.4%
Cincinnati, OH 2,476 22.3% -9.8%
Cleveland, OH 3,202 32.4% 1.2%
Columbus, OH 2,899 41.0% -7.4%
Dallas, TX 8,235 27.3% 3.7%
Dayton, OH 1,142 35.0% -11.1%
Denver, CO 5,494 22.3% -5.9%
Detroit, MI 2,132 24.7% -6.6%
El Paso, TX 914 8.7% 15.3%
Fort Lauderdale, FL 4,325 5.7% -2.7%
Fort Worth, TX 3,847 15.9% -1.5%
Fresno, CA 954 26.5% -7.4%
Grand Rapids, MI 1,381 37.5% -9.3%
Greenville, SC 1,428 29.8% -6.1%
Hampton Roads, VA 2,711 22.4% -9.8%
Hartford, CT 1,785 50.5% 0.6%
Honolulu, HI 1,034 15.5% 1.0%
Houston, TX 11,082 26.0% -1.3%
Indianapolis, IN 3,066 40.4% -7.1%
Jacksonville, FL 3,188 15.4% -2.6%
Kansas City, MO 3,582 53.3% -14.7%
Knoxville, TN 1,535 31.5% 35.0%
Las Vegas, NV 4,804 27.2% 9.8%
Long Island, NY 4,003 36.9% 11.2%
Los Angeles, CA 7,512 21.4% -5.9%
Louisville, KY 1,641 48.9% -3.7%
McAllen, TX 475 5.3% -6.9%
Memphis, TN 1,432 28.5% -3.6%
Miami, FL 4,262 -0.3% -5.5%
Milwaukee, WI 1,847 49.9% -9.7%
Minneapolis, MN 5,515 41.5% -11.7%
Montgomery County, PA 3,078 44.7% 4.3%
Nashville, TN 4,183 26.5% -6.2%
New Haven, CT 1,287 38.5% 2.1%
New Orleans, LA 1,551 20.3% 2.5%
New York, NY 13,694 25.7% 4.0%
Newark, NJ 3,961 28.9% 11.0%
Oakland, CA 2,974 25.2% 2.6%
Oklahoma City, OK 2,256 29.1% -6.9%
Omaha, NE 1,117 39.8% -25.8%
Orange County, CA 3,497 26.7% 2.3%
Oxnard, CA 930 29.9% -6.4%
Philadelphia, PA 3,153 28.3% 3.4%
Phoenix, AZ 10,032 16.0% -5.0%
Pittsburgh, PA 2,693 43.7% 1.5%
Portland, OR 3,959 41.2% 2.1%
Providence, RI 2,099 35.8% 5.6%
Richmond, VA 2,051 32.2% -6.9%
Riverside, CA 6,055 20.8% -7.0%
Rochester, NY 1,132 34.4% -9.4%
Sacramento, CA 3,092 27.4% -10.4%
Salt Lake City, UT 1,733 26.6% -18.3%
San Antonio, TX 3,682 24.3% -0.2%
San Diego, CA 3,754 23.4% -10.3%
San Francisco, CA 1,190 24.1% -4.0%
San Jose, CA 1,576 14.1% 0.2%
Seattle, WA 5,246 75.8% 1.3%
St. Louis, MO 4,342 34.6% -7.5%
Tacoma, WA 1,506 54.6% -11.4%
Tampa, FL 6,697 11.8% -4.4%
Tucson, AZ 1,837 16.3% -2.6%
Tulsa, OK 1,255 14.4% -9.9%
Warren, MI 4,078 53.3% -4.0%
Washington, DC 10,819 49.6% -9.3%
West Palm Beach, FL 3,977 0.1% -5.0%
Worcester, MA 1,155 49.4% -3.4%
National 353,400 27.9% -2.8%

All Homes for Sale

Redfin Metro All Homes for Sale Month-Over-Month Year-Over-Year
Albany, NY 2,425 -4.5% 6.1%
Albuquerque, NM 2,507 -8.6% -36.4%
Allentown, PA 3,070 23.7% 38.7%
Atlanta, GA 22,119 -1.9% -13.7%
Austin, TX 6,650 1.7% -1.3%
Bakersfield, CA 1,775 -7.0% -10.0%
Baltimore, MD 9,137 9.3% -2.1%
Baton Rouge, LA 4,541 15.4% 30.6%
Birmingham, AL 4,429 5.6% -10.4%
Boston, MA 7,053 6.3% 25.9%
Bridgeport, CT 5,443 10.2% -3.5%
Buffalo, NY 1,546 -2.6% -3.0%
Camden, NJ 5,851 4.2% -19.2%
Charlotte, NC 10,654 5.8% 2.6%
Chicago, IL 38,436 10.4% 4.4%
Cincinnati, OH 6,342 6.5% -3.6%
Cleveland, OH 7,158 1.4% -5.7%
Columbus, OH 5,341 8.6% 1.6%
Dallas, TX 16,009 -2.2% 15.1%
Dayton, OH 2,182 -0.5% -17.4%
Denver, CO 6,190 1.7% 25.4%
Detroit, MI 4,197 -7.7% 10.9%
El Paso, TX 2,419 -3.4% -14.1%
Fort Lauderdale, FL 15,585 1.9% 15.0%
Fort Worth, TX 6,395 -7.7% 5.1%
Fresno, CA 1,621 -2.4% 9.2%
Grand Rapids, MI 1,963 -1.1% 13.9%
Greenville, SC 3,965 6.4% 8.8%
Hampton Roads, VA 6,040 -1.4% -13.3%
Hartford, CT 4,585 8.0% -10.6%
Honolulu, HI 3,815 4.3% 23.3%
Houston, TX 26,077 0.9% 10.2%
Indianapolis, IN 4,277 -7.0% -16.4%
Jacksonville, FL 7,729 0.9% 8.1%
Knoxville, TN 4,225 13.5% 16.6%
Las Vegas, NV 11,028 2.3% 23.2%
Long Island, NY 10,363 6.3% 9.6%
Los Angeles, CA 17,055 -2.0% 15.4%
Louisville, KY 2,810 3.5% 7.2%
McAllen, TX 1,931 -4.2% 1.6%
Memphis, TN 2,698 5.3% -4.7%
Miami, FL 19,066 -3.2% 4.8%
Milwaukee, WI 4,078 8.3% -8.5%
Minneapolis, MN 8,054 6.1% -3.1%
Montgomery County, PA 5,425 15.5% -21.5%
Nashville, TN 10,655 3.7% 17.3%
New Haven, CT 3,428 9.0% -9.0%
New Orleans, LA 4,008 0.9% -34.4%
New York, NY 48,608 6.2% 1.6%
Newark, NJ 9,774 8.8% 6.4%
Oakland, CA 3,224 5.4% 49.7%
Oklahoma City, OK 4,552 -0.4% -12.3%
Omaha, NE 1,404 -7.2% -11.0%
Orange County, CA 8,016 1.9% 20.7%
Oxnard, CA 2,216 4.7% 50.3%
Philadelphia, PA 6,138 10.2% -10.7%
Phoenix, AZ 21,204 -4.0% 3.7%
Pittsburgh, PA 8,020 3.5% -9.5%
Portland, OR 6,061 3.5% 30.1%
Providence, RI 4,667 3.0% 6.8%
Raleigh, NC 5,951 0.6% -6.7%
Richmond, VA 2,807 -1.5% -4.9%
Riverside, CA 15,604 -3.9% 3.4%
Rochester, NY 1,314 -2.2% -26.6%
Sacramento, CA 4,258 -0.8% 6.2%
Salt Lake City, UT 4,286 16.7% 52.9%
San Antonio, TX 7,989 -3.7% -1.3%
San Diego, CA 6,419 -3.8% 11.3%
San Francisco, CA 1,370 -3.0% 23.8%
San Jose, CA 1,988 0.4% 104.3%
Seattle, WA 5,588 7.9% 82.9%
St. Louis, MO 10,719 28.3% -0.5%
Tacoma, WA 1,476 -5.7% -2.6%
Tampa, FL 13,770 -7.0% 5.9%
Tucson, AZ 4,521 -3.8% -4.5%
Tulsa, OK 3,966 22.7% 15.4%
Warren, MI 6,435 -0.2% 14.5%
Washington, DC 14,307 19.5% -5.6%
West Palm Beach, FL 15,835 -0.9% 5.3%
Worcester, MA 1,795 -1.6% -10.1%
National 800,400 3.2% 3.6%

Median Off-Market Redfin Estimate

Redfin Metro Estimate Month-Over-Month Year-Over-Year
Albany, NY $213,500 0.0% 3.0%
Allentown, PA $208,200 0.0% 5.9%
Atlanta, GA $220,000 0.4% 10.2%
Austin, TX $301,600 0.4% 4.1%
Bakersfield, CA $215,200 0.1% 6.4%
Baltimore, MD $252,000 -0.1% 2.9%
Baton Rouge, LA $151,800 0.3% 2.7%
Birmingham, AL $148,500 0.3% 5.0%
Boston, MA $490,800 0.5% 4.8%
Buffalo, NY $155,900 0.1% 5.8%
Camden, NJ $192,600 0.2% 3.6%
Charlotte, NC $206,700 0.4% 8.5%
Chicago, IL $241,600 0.0% 5.5%
Cincinnati, OH $168,600 0.6% 6.1%
Cleveland, OH $138,200 0.1% 6.2%
Columbus, OH $191,300 0.6% 7.6%
Dallas, TX $256,900 0.2% 4.9%
Dayton, OH $116,800 0.3% 4.0%
Denver, CO $411,200 0.2% 5.0%
Detroit, MI $107,200 0.9% 17.9%
Fort Lauderdale, FL $267,400 0.6% 7.1%
Fort Worth, TX $214,300 0.3% 7.6%
Fresno, CA $254,100 0.1% 6.2%
Grand Rapids, MI $160,900 0.5% 7.9%
Greenville, SC $170,500 0.7% 7.8%
Hampton Roads, VA $224,500 0.4% 3.5%
Honolulu, HI $687,400 -0.2% 2.5%
Houston, TX $208,200 0.1% 5.3%
Indianapolis, IN $160,400 0.4% 8.0%
Jacksonville, FL $219,300 0.5% 8.4%
Kansas City, MO $186,400 0.3% 6.5%
Knoxville, TN $150,700 -0.1% 7.1%
Las Vegas, NV $274,700 0.3% 10.3%
Long Island, NY $444,200 0.0% 4.8%
Los Angeles, CA $628,300 0.0% 5.5%
Louisville, KY $151,600 0.4% 5.2%
Memphis, TN $136,400 0.0% 5.1%
Miami, FL $298,300 0.1% 5.5%
Milwaukee, WI $208,600 0.1% 6.4%
Minneapolis, MN $257,800 0.1% 5.8%
Montgomery County, PA $315,700 0.1% 2.7%
Nashville, TN $250,000 0.4% 7.4%
New Orleans, LA $169,400 -0.1% 4.6%
Newark, NJ $371,800 -0.3% 14.3%
Oakland, CA $759,100 0.3% 3.5%
Oklahoma City, OK $142,300 0.3% 4.9%
Omaha, NE $170,400 0.5% 6.2%
Orange County, CA $705,200 -0.5% 2.0%
Oxnard, CA $599,600 -0.1% 3.0%
Philadelphia, PA $195,500 -0.5% 1.8%
Phoenix, AZ $270,300 0.4% 7.2%
Pittsburgh, PA $143,600 -0.3% 6.4%
Portland, OR $391,200 0.2% 3.2%
Providence, RI $294,900 0.0% 4.9%
Raleigh, NC $266,400 3.2% 6.6%
Richmond, VA $223,600 0.3% 5.4%
Riverside, CA $365,100 0.2% 5.0%
Rochester, NY $144,000 0.3% 6.0%
Sacramento, CA $400,200 0.1% 4.0%
Salt Lake City, UT $327,800 0.6% 8.6%
San Antonio, TX $193,500 0.4% 6.0%
San Diego, CA $588,800 0.0% 3.2%
San Francisco, CA $1,324,200 0.1% 3.4%
San Jose, CA $1,195,000 -0.5% 0.7%
Seattle, WA $554,900 0.0% 3.4%
St. Louis, MO $156,000 0.4% 5.6%
Tacoma, WA $347,500 0.6% 7.3%
Tampa, FL $219,500 0.2% 6.4%
Tucson, AZ $209,300 0.4% 7.4%
Tulsa, OK $139,000 0.3% 4.1%
Warren, MI $210,600 0.1% 6.1%
Washington, DC $386,700 0.0% 3.0%
West Palm Beach, FL $265,700 0.2% 3.5%
Worcester, MA $285,500 0.6% 5.4%
National $299,000 0.3% 6.2%

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