Home sales dipped slightly despite low mortgage rates.
U.S. home-sale prices grew at a steady 3.3 percent rate year over year to a median of $318,100 across the metros Redfin tracks. Home prices have been growing in the healthy 3 percent range since May.
Overall the market in July didn’t hold any big surprises, although it is notable that the number of homes for sale at the end of the month fell for the first time in a year. Home sales were down for the second month in a row.
Just seven of the 85 largest metro areas Redfin tracks saw a year-over-year decline in their median sale price, the biggest of which was in Bridgeport, CT, where home prices were down 6.2 percent from a year earlier. San Jose (-3.3%), New York (-3.1%), Oakland, CA (-2.6%), Seattle, WA (-1.7%), New Haven, CT (-0.9%) and San Diego (-0.2%) rounded out the list of metro areas with price drops.
“July home prices and sales were weaker than I had expected, especially given that falling mortgage rates have been luring homebuyers back to the market since early spring,” said Redfin chief economist Daryl Fairweather. “Even though we’ve seen increased interest from homebuyers—especially compared to a year ago when mortgage rates were climbing—uncertainties in the overall economy and talk of a looming recession have people feeling jittery about making a huge purchase and investment. But I think the odds are that we won’t see a recession within the next year. If rates stay low and the economy continues to grow, we’ll see more homebuyers come back in a serious way in 2020, and the market will be much more competitive.”
| Market Summary | July 2019 | Month-Over-Month | Year-Over-Year |
|---|---|---|---|
| Median sale price | $318,100 | -0.7% | 3.3% |
| Homes sold, seasonally-adjusted | 258,300 | -1.0% | -3.4% |
| New listings, seasonally-adjusted | 314,400 | -0.5% | -2.9% |
| All Homes for sale | 868,800 | -4.2% | -3.4% |
| Median days on market | 38 | 1 | 2 |
| Months of supply | 2.8 | -0.1 | -0.1 |
| Sold above list | 23.9% | -1.0% | -3.2% |
| Median Off-Market Redfin Estimate | $300,100 | 0.0% | 6.0% |
| Average Sale-to-list | 98.5% | -0.2% | 0.5% |
Home sales fell 3.4 percent in July compared to a year earlier. A majority of the metro areas tracked by Redfin—70 of 85—saw declining home sales compared to July a year ago.
The metro areas with the largest declines in sales were Miami, FL (-22.9%), Detroit, MI (-18.9%) and New York, NY (-13.9%).
The supply of homes for sale fell 3.4 percent year over year, the first decline in a year. Just 28 of the 85 metros tracked by Redfin saw an increase in the number of homes for sale compared to a year earlier.
The three metro areas with the biggest increases in the number of homes for sale were spread all across the country: Oxnard, CA (+22.4%), Boston, MA (+18.1%) and Honolulu, HI (+17.4%). All three of the metros with the biggest increases in homes for sale have home prices well above the $318,100 national median. The biggest declines in the number of homes for sale were in New Orleans, LA (-28.3%), Rochester, NY (-27.9%) and Tulsa, OK (-22.5%)—all metros with home prices significantly below the national median price.
Measures of competition in the housing market indicated a moderate cooling trend in July. The speed at which homes went off the market slowed slightly, to 38 days, up from 36 a year earlier. This is a continuation of the trend over the past seven months, when the speed of sales has slowed by an average of two days compared to last year. The share of homes sold above list price was 23.9 percent in July, down from 27.1 percent a year earlier, following the declining trend that we have seen over the last 12 months.
Also, 28.1 percent of homes listed for sale had a price drop in July, up from 26.3 percent in July 2018. This is the second-highest rate of price drops on record, only surpassed by the 29.6 percent rate last October.
Other July Highlights
Competition
- Grand Rapids, MI was the fastest market, with half of all homes pending sale in just 9 days, up from 8 days a year earlier. Omaha, NE and Tacoma, WA were the next fastest markets with 11 median days on market, followed by Indianapolis (12) and Rochester, NY (13).
- The most competitive market in July was San Francisco where 67.5% of homes sold above list price, followed by 56.3% in Oakland, CA, 47.3% in San Jose, CA, 47.1% in Rochester, NY, and 46.8% in Tacoma, WA.
Prices
- Camden, NJ had the nation’s highest price growth, rising 14.1% since last year to $211,000. Cleveland had the second highest growth at 12.4% year-over-year price growth, followed by Memphis, TN (11.1%), Knoxville, TN (10.9%), and McAllen, TX (10.5%).
- 7 metros saw price declines in July. Bridgeport, CT declined the most since last year falling 6.2 percent to $422,000.
Sales
- Baltimore led the nation in year-over-year sales growth, up 24.1% rebounding from a double-digit decline in June, followed by McAllen, TX, up 15.6%. Houston rounded out the top three with sales up 9.3% from a year ago.
- Miami saw the largest decline in sales since last year, falling 17.7%. Home sales in Detroit and New York declined by 16.3% and 12.3%, respectively.
Inventory
- Las Vegas had the highest increase in the number of homes for sale, up 55.5% year over year, followed by Oxnard, CA (22.4%) and Boston (18.1%).
- Rochester, NY had the largest decrease in overall inventory, falling 27.9% since last July. Tulsa, OK (-22.5%) and Camden, NJ (-22.1%) also saw far fewer homes available on the market than a year ago.
Home Sale Price Predicted Discounts and Premiums
- Miami (84%) has the largest share of homes for sale predicted to sell for below list price, according to Redfin Estimate data, followed by neighboring markets West Palm Beach, FL (81%) and Fort Lauderdale, FL (79.4%).
- San Jose, CA (11.7%) has the largest share of homes for sale predicted to sell above list price, followed by fellow Bay Area metros Oakland, CA (10.9%) and San Francisco (10.5%).
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 | $227,100 | 0.9% | 0.9% |
| Albuquerque, NM | $220,000 | -25.9% | 23.7% |
| Allentown, PA | $220,000 | 0.5% | 6.0% |
| Anaheim, CA | $725,000 | -0.7% | 0.5% |
| Atlanta, GA | $255,000 | -1.3% | 4.1% |
| Austin, TX | $320,000 | -2.8% | 1.6% |
| Bakersfield, CA | $249,900 | 0.0% | 4.1% |
| Baltimore, MD | $298,000 | -2.3% | 1.7% |
| Baton Rouge, LA | $210,000 | -4.5% | 2.9% |
| Birmingham, AL | $213,900 | -4.9% | 1.8% |
| Boston, MA | $530,000 | 0.0% | 2.9% |
| Bridgeport, CT | $422,000 | -4.1% | -6.2% |
| Buffalo, NY | $170,000 | 3.0% | 3.0% |
| Camden, NJ | $211,000 | 2.9% | 14.1% |
| Charleston, SC | $280,000 | -4.9% | 2.6% |
| Charlotte, NC | $269,000 | -0.4% | 8.9% |
| Chicago, IL | $263,000 | -1.4% | 2.1% |
| Cincinnati, OH | $205,000 | 1.5% | 9.6% |
| Cleveland, OH | $172,000 | 1.2% | 12.4% |
| Columbus, OH | $228,500 | -1.9% | 8.8% |
| Dallas, TX | $305,000 | -3.1% | 1.8% |
| Dayton, OH | $155,900 | -4.3% | 4.6% |
| Denver, CO | $427,000 | 0.5% | 4.1% |
| Detroit, MI | $145,000 | 0.0% | 5.8% |
| El Paso, TX | $167,000 | 1.2% | 4.4% |
| Elgin, IL | $228,000 | -5.0% | 0.9% |
| Fort Lauderdale, FL | $285,000 | 1.8% | 7.5% |
| Fort Worth, TX | $250,000 | 0.0% | 2.1% |
| Frederick, MD | $420,500 | -3.3% | 0.1% |
| Fresno, CA | $280,000 | 1.4% | 3.7% |
| Grand Rapids, MI | $215,800 | -1.7% | 5.3% |
| Greensboro, NC | $187,700 | 1.5% | 6.0% |
| Greenville, SC | $225,000 | 1.6% | 5.4% |
| Hartford, CT | $237,200 | 0.1% | 0.1% |
| Houston, TX | $250,000 | -1.2% | 2.7% |
| Indianapolis, IN | $199,000 | 0.0% | 8.7% |
| Jacksonville, FL | $245,000 | 0.0% | 6.5% |
| Kansas City, MO | $230,000 | -2.1% | 6.0% |
| Knoxville, TN | $224,000 | 2.0% | 10.9% |
| Lake County, IL | $252,000 | 0.8% | 5.4% |
| Las Vegas, NV | $285,000 | -0.7% | 4.8% |
| Los Angeles, CA | $650,000 | 2.4% | 3.8% |
| Louisville, KY | $215,000 | 0.0% | 3.4% |
| McAllen, TX | $168,000 | 5.1% | 10.5% |
| Memphis, TN | $210,000 | 1.4% | 11.1% |
| Miami, FL | $320,000 | 0.0% | 7.4% |
| Milwaukee, WI | $230,000 | -4.2% | 2.2% |
| Minneapolis, MN | $285,000 | -1.7% | 5.6% |
| Montgomery County, PA | $335,000 | -2.9% | 1.5% |
| Nashville, TN | $303,500 | -1.1% | 2.2% |
| Nassau County, NY | $477,000 | 2.6% | 6.0% |
| New Brunswick, NJ | $336,500 | 1.7% | 1.1% |
| New Haven, CT | $228,000 | -3.0% | -0.9% |
| New Orleans, LA | $232,000 | -3.3% | 4.5% |
| New York, NY | $499,000 | 0.8% | -3.1% |
| Newark, NJ | $389,900 | 0.0% | 4.7% |
| North Port, FL | $275,000 | -1.1% | 1.4% |
| Oakland, CA | $750,000 | -2.6% | -2.6% |
| Oklahoma City, OK | $186,000 | -4.6% | 6.3% |
| Omaha, NE | $220,000 | -1.3% | 4.9% |
| Orlando, FL | $258,000 | -0.8% | 3.6% |
| Oxnard, CA | $615,000 | 3.5% | 1.7% |
| Philadelphia, PA | $230,500 | -3.9% | 9.8% |
| Phoenix, AZ | $282,000 | 0.7% | 5.2% |
| Pittsburgh, PA | $184,500 | -5.1% | 5.4% |
| Portland, OR | $405,000 | -1.2% | 2.5% |
| Providence, RI | $295,000 | -1.3% | 6.9% |
| Raleigh, NC | $293,000 | -0.4% | 2.8% |
| Richmond, VA | $265,000 | -2.8% | 3.7% |
| Riverside, CA | $380,000 | -0.5% | 3.0% |
| Rochester, NY | $164,900 | 3.1% | 9.1% |
| Sacramento, CA | $417,000 | -0.5% | 3.0% |
| Salt Lake City, UT | $345,000 | 0.0% | 6.8% |
| San Antonio, TX | $238,000 | 0.0% | 5.6% |
| San Diego, CA | $585,000 | -2.5% | -0.2% |
| San Francisco, CA | $1,415,000 | -3.4% | 1.1% |
| San Jose, CA | $1,125,000 | -4.5% | -3.3% |
| Seattle, WA | $565,000 | -2.6% | -1.7% |
| St. Louis, MO | $191,000 | -6.8% | 3.2% |
| Tacoma, WA | $375,000 | 0.0% | 5.6% |
| Tampa, FL | $239,900 | 0.0% | 4.3% |
| Tucson, AZ | $232,000 | 0.9% | 10.5% |
| Tulsa, OK | $180,000 | 1.7% | 5.9% |
| Urban Honolulu, HI | $625,000 | 4.2% | 5.9% |
| Virginia Beach, VA | $249,900 | 1.2% | 8.7% |
| Warren, MI | $225,800 | -0.6% | 3.4% |
| Washington, DC | $421,500 | -1.3% | 2.8% |
| West Palm Beach, FL | $290,000 | -1.7% | 7.4% |
| Worcester, MA | $285,000 | 0.0% | 5.6% |
| National | $318,100 | -0.7% | 3.3% |
Homes Sold
| Redfin Metro | Homes Sold, seasonally adjusted | Month-Over-Month | Year-Over-Year |
|---|---|---|---|
| Albany, NY | 823 | -1.9% | -6.8% |
| Allentown, PA | 827 | -9.4% | -10.7% |
| Anaheim, CA | 2,409 | 2.5% | 0.4% |
| Atlanta, GA | 8,558 | -2.0% | -12.1% |
| Austin, TX | 2,843 | -1.7% | -1.1% |
| Bakersfield, CA | 714 | 4.4% | -4.7% |
| Baltimore, MD | 4,249 | 39.5% | 17.4% |
| Baton Rouge, LA | 833 | 3.5% | -13.1% |
| Boston, MA | 4,119 | -2.8% | -5.5% |
| Bridgeport, CT | 958 | -3.0% | -3.9% |
| Buffalo, NY | 889 | -5.1% | -11.7% |
| Camden, NJ | 1,669 | -4.2% | -10.3% |
| Charleston, SC | 1,371 | -4.4% | -0.4% |
| Charlotte, NC | 3,529 | -1.9% | 0.6% |
| Chicago, IL | 7,658 | -1.5% | -7.9% |
| Cincinnati, OH | 1,974 | -4.2% | -7.4% |
| Cleveland, OH | 2,357 | 4.0% | -4.0% |
| Columbus, OH | 2,491 | -2.0% | -5.7% |
| Dallas, TX | 5,456 | 2.1% | 1.0% |
| Dayton, OH | 985 | 0.3% | -3.4% |
| Denver, CO | 4,332 | -2.2% | -5.6% |
| Detroit, MI | 1,726 | -10.4% | -18.9% |
| El Paso, TX | 659 | -2.1% | -7.2% |
| Elgin, IL | 934 | -0.6% | -0.7% |
| Fort Lauderdale, FL | 2,697 | -0.1% | -12.3% |
| Fort Worth, TX | 2,787 | -0.6% | -3.0% |
| Frederick, MD | 1,494 | 8.4% | 3.1% |
| Fresno, CA | 737 | 4.4% | -4.5% |
| Grand Rapids, MI | 1,320 | 0.5% | 5.6% |
| Greensboro, NC | 771 | 3.8% | 4.4% |
| Greenville, SC | 1,052 | -2.1% | -1.6% |
| Hartford, CT | 1,216 | -6.0% | -8.4% |
| Houston, TX | 7,510 | 1.4% | 4.1% |
| Indianapolis, IN | 2,815 | 1.2% | -0.9% |
| Jacksonville, FL | 2,234 | -5.1% | -11.9% |
| Kansas City, MO | 2,911 | -0.6% | -5.1% |
| Knoxville, TN | 1,145 | 0.3% | -2.8% |
| Lake County, IL | 1,052 | -1.1% | -0.6% |
| Las Vegas, NV | 3,217 | 2.2% | -8.5% |
| Los Angeles, CA | 5,489 | -0.6% | -5.8% |
| Louisville, KY | 1,294 | -3.7% | -2.3% |
| McAllen, TX | 274 | 1.1% | 14.2% |
| Memphis, TN | 1,023 | -7.0% | -8.0% |
| Miami, FL | 2,119 | -9.2% | -22.9% |
| Milwaukee, WI | 1,765 | -0.9% | -0.4% |
| Minneapolis, MN | 5,090 | -3.5% | -1.7% |
| Montgomery County, PA | 2,004 | -17.2% | -12.6% |
| Nashville, TN | 3,356 | -1.8% | 2.3% |
| Nassau County, NY | 2,442 | -6.7% | -1.0% |
| New Brunswick, NJ | 2,865 | -8.9% | -8.0% |
| New Haven, CT | 847 | 0.2% | -5.3% |
| New Orleans, LA | 1,128 | -12.3% | -11.8% |
| New York, NY | 4,116 | -5.6% | -13.9% |
| Newark, NJ | 2,186 | -2.5% | -5.4% |
| North Port, FL | 1,816 | -2.2% | -0.5% |
| Oakland, CA | 2,110 | -0.7% | -8.2% |
| Oklahoma City, OK | 1,849 | 1.5% | 3.1% |
| Omaha, NE | 1,085 | 3.9% | -5.8% |
| Orlando, FL | 3,906 | 0.0% | 4.4% |
| Oxnard, CA | 698 | -0.4% | 2.1% |
| Philadelphia, PA | 2,107 | -6.2% | -8.1% |
| Phoenix, AZ | 8,031 | -0.4% | 2.7% |
| Pittsburgh, PA | 2,100 | 1.7% | -6.9% |
| Portland, OR | 3,085 | -0.2% | -3.8% |
| Providence, RI | 1,791 | 1.1% | 2.7% |
| Raleigh, NC | 2,250 | 3.0% | -1.8% |
| Richmond, VA | 1,518 | -1.9% | -3.4% |
| Riverside, CA | 4,501 | 0.3% | -2.9% |
| Rochester, NY | 916 | -1.2% | -10.9% |
| Sacramento, CA | 2,452 | 0.4% | -7.5% |
| Salt Lake City, UT | 1,593 | 4.0% | -1.3% |
| San Antonio, TX | 2,621 | 0.1% | -0.3% |
| San Diego, CA | 2,784 | 1.9% | -4.3% |
| San Francisco, CA | 886 | 2.0% | -3.0% |
| San Jose, CA | 1,119 | 1.0% | -5.7% |
| Seattle, WA | 3,669 | -1.3% | -6.7% |
| St. Louis, MO | 3,349 | -0.4% | -3.0% |
| Tacoma, WA | 1,291 | -0.7% | -6.5% |
| Tampa, FL | 5,224 | -1.5% | 0.2% |
| Tucson, AZ | 1,488 | 4.6% | 5.0% |
| Tulsa, OK | 1,116 | 92.1% | -7.3% |
| Urban Honolulu, HI | 804 | 5.1% | 1.5% |
| Virginia Beach, VA | 2,080 | -5.3% | -6.6% |
| Warren, MI | 3,243 | -5.6% | -10.5% |
| Washington, DC | 5,822 | -0.1% | -10.2% |
| West Palm Beach, FL | 2,597 | -1.6% | -8.2% |
| Worcester, MA | 932 | -2.4% | -10.6% |
| National | 258,300 | -1.0% | -3.4% |
New Listings
| Redfin Metro | New Listings, seasonally adjusted | Month-Over-Month | Year-Over-Year |
|---|---|---|---|
| Albany, NY | 1,060 | 5.8% | -1.6% |
| Allentown, PA | 989 | -6.0% | -11.2% |
| Anaheim, CA | 2,703 | 0.1% | -10.1% |
| Atlanta, GA | 10,379 | 2.0% | -3.5% |
| Austin, TX | 3,366 | -0.9% | 1.6% |
| Bakersfield, CA | 919 | 1.3% | -4.2% |
| Baltimore, MD | 4,082 | -2.0% | -6.2% |
| Baton Rouge, LA | 1,041 | -6.1% | -4.6% |
| Boston, MA | 4,854 | -4.8% | -6.4% |
| Bridgeport, CT | 1,345 | -6.8% | -1.3% |
| Buffalo, NY | 1,122 | -6.3% | -6.9% |
| Camden, NJ | 1,924 | -2.5% | -11.3% |
| Charleston, SC | 1,557 | -1.4% | -3.4% |
| Charlotte, NC | 4,002 | -0.4% | -2.3% |
| Chicago, IL | 10,297 | -1.3% | -3.9% |
| Cincinnati, OH | 2,288 | 1.8% | -7.8% |
| Cleveland, OH | 2,828 | 0.6% | -5.2% |
| Columbus, OH | 2,751 | -1.2% | -1.8% |
| Dallas, TX | 6,905 | -1.3% | -0.5% |
| Dayton, OH | 1,118 | -2.0% | -4.5% |
| Denver, CO | 4,892 | -4.7% | -1.8% |
| Detroit, MI | 2,366 | -4.4% | -2.6% |
| El Paso, TX | 964 | -4.4% | 29.8% |
| Elgin, IL | 1,160 | -3.7% | -4.3% |
| Fort Lauderdale, FL | 3,788 | -5.0% | -8.9% |
| Fort Worth, TX | 3,346 | -0.5% | -0.5% |
| Frederick, MD | 1,621 | -4.5% | -7.4% |
| Fresno, CA | 790 | -5.9% | -18.8% |
| Grand Rapids, MI | 1,420 | -4.6% | -0.3% |
| Greensboro, NC | 837 | -5.3% | -3.4% |
| Greenville, SC | 1,326 | 0.4% | 11.6% |
| Hartford, CT | 1,554 | -3.6% | -3.7% |
| Houston, TX | 9,572 | -0.9% | 1.7% |
| Indianapolis, IN | 2,945 | 2.5% | -2.9% |
| Jacksonville, FL | 2,733 | 0.6% | -7.7% |
| Kansas City, MO | 3,295 | -0.7% | -5.4% |
| Knoxville, TN | 1,314 | 5.4% | 16.1% |
| Lake County, IL | 1,397 | 2.1% | 2.5% |
| Las Vegas, NV | 4,073 | -1.9% | -1.7% |
| Los Angeles, CA | 6,624 | -1.9% | -9.6% |
| Louisville, KY | 1,480 | 1.6% | -3.5% |
| McAllen, TX | 459 | -6.0% | 10.8% |
| Memphis, TN | 1,292 | 0.6% | -3.1% |
| Miami, FL | 3,923 | -1.6% | -8.2% |
| Milwaukee, WI | 1,884 | -1.2% | -1.8% |
| Minneapolis, MN | 5,473 | -0.5% | -1.1% |
| Montgomery County, PA | 2,513 | -3.3% | -8.6% |
| Nashville, TN | 3,877 | -4.6% | -6.8% |
| Nassau County, NY | 3,209 | -0.9% | -9.6% |
| New Brunswick, NJ | 3,631 | -5.0% | -11.4% |
| New Haven, CT | 1,099 | 0.0% | -4.0% |
| New Orleans, LA | 1,344 | -9.5% | 13.6% |
| New York, NY | 7,558 | -3.9% | -9.2% |
| Newark, NJ | 2,439 | -10.5% | -11.6% |
| North Port, FL | 2,219 | 0.6% | 1.2% |
| Oakland, CA | 2,426 | -2.7% | -7.7% |
| Oklahoma City, OK | 2,083 | 0.1% | 0.4% |
| Omaha, NE | 1,172 | -1.0% | -4.1% |
| Orlando, FL | 4,409 | -2.7% | -2.0% |
| Oxnard, CA | 814 | -2.8% | -7.0% |
| Philadelphia, PA | 2,711 | -3.2% | -5.1% |
| Phoenix, AZ | 8,548 | 0.2% | -3.1% |
| Pittsburgh, PA | 2,350 | -3.6% | -5.1% |
| Portland, OR | 3,438 | -3.6% | -5.2% |
| Providence, RI | 1,945 | -1.8% | -12.3% |
| Raleigh, NC | 2,366 | -1.5% | 0.9% |
| Richmond, VA | 1,729 | -1.3% | -1.0% |
| Riverside, CA | 5,440 | 1.0% | -7.5% |
| Rochester, NY | 1,183 | -0.3% | 0.4% |
| Sacramento, CA | 3,005 | 0.7% | -6.6% |
| Salt Lake City, UT | 1,677 | -4.0% | -11.0% |
| San Antonio, TX | 3,219 | -1.3% | 0.0% |
| San Diego, CA | 3,206 | -2.1% | -11.6% |
| San Francisco, CA | 1,012 | -0.5% | -7.0% |
| San Jose, CA | 1,288 | -5.2% | -14.5% |
| Seattle, WA | 3,920 | -1.6% | -11.4% |
| St. Louis, MO | 3,698 | -2.6% | -11.9% |
| Tacoma, WA | 1,314 | -3.4% | -9.9% |
| Tampa, FL | 6,140 | -0.1% | 1.0% |
| Tulsa, OK | 1,234 | -2.6% | -11.1% |
| Urban Honolulu, HI | 1,013 | 1.4% | -1.2% |
| Virginia Beach, VA | 2,429 | 2.1% | 2.4% |
| Warren, MI | 3,957 | -2.1% | -4.2% |
| Washington, DC | 6,493 | -2.4% | -11.0% |
| West Palm Beach, FL | 3,604 | 0.3% | -4.0% |
| Worcester, MA | 1,167 | -7.1% | -8.8% |
| National | 314,400 | -0.5% | -2.9% |
All Homes for Sale
| Redfin Metro | All Homes for Sale | Month-Over-Month | Year-Over-Year |
|---|---|---|---|
| Albany, NY | 3,150 | 0.6% | -7.8% |
| Albuquerque, NM | 2,768 | -31.8% | -36.1% |
| Allentown, PA | 3,112 | 7.0% | 9.3% |
| Anaheim, CA | 8,370 | -7.4% | -3.5% |
| Atlanta, GA | 25,571 | -3.4% | -8.3% |
| Austin, TX | 7,873 | -3.5% | -9.2% |
| Bakersfield, CA | 1,937 | -3.3% | -17.1% |
| Baltimore, MD | 10,281 | -8.7% | -3.1% |
| Baton Rouge, LA | 4,213 | -1.2% | 6.4% |
| Birmingham, AL | 4,797 | -2.8% | -8.9% |
| Boston, MA | 10,375 | -10.4% | 18.1% |
| Bridgeport, CT | 6,330 | -6.4% | -3.5% |
| Buffalo, NY | 2,164 | 2.5% | -15.8% |
| Camden, NJ | 5,679 | -8.5% | -22.1% |
| Charleston, SC | 6,089 | -4.1% | 4.0% |
| Charlotte, NC | 11,278 | -3.3% | -5.0% |
| Chicago, IL | 41,322 | 1.2% | 10.5% |
| Cincinnati, OH | 7,048 | 1.4% | -10.5% |
| Cleveland, OH | 8,473 | -1.6% | -7.6% |
| Columbus, OH | 6,906 | -0.1% | -2.1% |
| Dallas, TX | 19,093 | -6.7% | 2.4% |
| Dayton, OH | 2,583 | -0.7% | -14.0% |
| Denver, CO | 8,936 | -4.8% | 16.3% |
| Detroit, MI | 5,626 | 4.1% | 11.3% |
| El Paso, TX | 2,627 | -4.6% | 2.3% |
| Elgin, IL | 4,608 | 0.9% | 12.5% |
| Fort Lauderdale, FL | 13,344 | -8.2% | 1.1% |
| Fort Worth, TX | 7,573 | -6.7% | -3.7% |
| Frederick, MD | 3,406 | -13.2% | -4.3% |
| Fresno, CA | 1,664 | -8.0% | -10.2% |
| Grand Rapids, MI | 2,606 | -0.9% | 3.8% |
| Greensboro, NC | 2,354 | -9.5% | -9.5% |
| Greenville, SC | 4,579 | 2.9% | 14.8% |
| Hartford, CT | 5,809 | -2.8% | -6.2% |
| Houston, TX | 29,395 | -2.4% | 1.8% |
| Indianapolis, IN | 5,544 | -0.9% | -8.6% |
| Jacksonville, FL | 7,685 | -3.8% | -8.2% |
| Knoxville, TN | 4,202 | -7.1% | 7.5% |
| Lake County, IL | 6,170 | 2.0% | 8.3% |
| Las Vegas, NV | 11,630 | -5.6% | 55.5% |
| Los Angeles, CA | 18,270 | -5.4% | -1.8% |
| Louisville, KY | 3,398 | 1.2% | 0.8% |
| McAllen, TX | 1,912 | -0.5% | -5.2% |
| Memphis, TN | 3,037 | -1.0% | -11.3% |
| Miami, FL | 17,426 | -4.1% | -1.0% |
| Milwaukee, WI | 5,439 | -0.5% | -0.2% |
| Minneapolis, MN | 11,514 | -2.9% | -4.4% |
| Montgomery County, PA | 6,071 | -10.7% | -14.0% |
| Nashville, TN | 11,516 | -2.9% | 5.0% |
| Nassau County, NY | 12,166 | -3.4% | -0.5% |
| New Brunswick, NJ | 13,334 | -4.6% | -5.0% |
| New Haven, CT | 4,124 | -3.3% | -4.2% |
| New Orleans, LA | 4,337 | -1.0% | -28.3% |
| New York, NY | 38,160 | -6.1% | -8.0% |
| Newark, NJ | 9,799 | -3.6% | 0.8% |
| North Port, FL | 6,156 | -9.2% | -8.2% |
| Oakland, CA | 3,977 | -4.5% | 11.7% |
| Oklahoma City, OK | 5,055 | -0.5% | -12.5% |
| Omaha, NE | 1,912 | 0.4% | -9.7% |
| Orlando, FL | 9,488 | -7.2% | -6.9% |
| Oxnard, CA | 2,527 | -1.9% | 22.4% |
| Philadelphia, PA | 6,592 | -7.7% | -2.7% |
| Phoenix, AZ | 15,859 | -15.1% | -13.5% |
| Pittsburgh, PA | 9,164 | -1.9% | -7.1% |
| Portland, OR | 8,442 | -2.6% | 4.4% |
| Providence, RI | 5,801 | -3.2% | -11.2% |
| Raleigh, NC | 6,349 | -7.0% | -7.4% |
| Richmond, VA | 3,317 | -4.0% | -8.9% |
| Riverside, CA | 14,853 | -8.4% | -12.7% |
| Rochester, NY | 1,841 | 3.0% | -27.9% |
| Sacramento, CA | 5,976 | -1.7% | -4.9% |
| Salt Lake City, UT | 3,215 | -16.4% | -17.8% |
| San Antonio, TX | 9,267 | -4.8% | -1.3% |
| San Diego, CA | 6,939 | -7.7% | -11.9% |
| San Francisco, CA | 1,464 | -10.9% | 4.1% |
| San Jose, CA | 2,506 | -12.6% | 15.8% |
| Seattle, WA | 7,568 | -5.4% | 3.2% |
| St. Louis, MO | 9,818 | -7.0% | -21.2% |
| Tacoma, WA | 2,124 | -2.0% | -18.9% |
| Tampa, FL | 12,508 | -7.7% | -6.3% |
| Tulsa, OK | 3,372 | -12.8% | -22.5% |
| Urban Honolulu, HI | 4,074 | 4.2% | 17.4% |
| Virginia Beach, VA | 6,438 | -7.2% | -16.2% |
| Warren, MI | 9,671 | 2.7% | 7.5% |
| Washington, DC | 12,921 | -11.0% | -12.7% |
| West Palm Beach, FL | 12,908 | -6.7% | -4.0% |
| Worcester, MA | 2,797 | -6.1% | -3.5% |
| National | 868,800 | -4.2% | -3.4% |
Median Off-Market Redfin Estimate
| Redfin Metro | Estimate | Month-Over-Month | Year-Over-Year |
|---|---|---|---|
| Albany, NY | $219,400 | 1.3% | 3.3% |
| Allentown, PA | $215,200 | 0.3% | 5.2% |
| Atlanta, GA | $230,100 | 0.8% | 10.4% |
| Austin, TX | $316,300 | 1.4% | 6.2% |
| Bakersfield, CA | $225,900 | 2.2% | 7.9% |
| Baltimore, MD | $264,800 | 0.5% | 5.6% |
| Baton Rouge, LA | $171,000 | 0.4% | 13.8% |
| Birmingham, AL | $153,100 | 1.2% | 5.1% |
| Boston, MA | $496,800 | 0.6% | 2.5% |
| Buffalo, NY | $162,800 | 1.6% | 6.4% |
| Camden, NJ | $201,200 | 1.3% | 5.0% |
| Charlotte, NC | $207,000 | 1.0% | 4.6% |
| Chicago, IL | $248,300 | 0.7% | 5.0% |
| Cincinnati, OH | $174,100 | 0.9% | 5.2% |
| Cleveland, OH | $141,400 | 0.6% | 4.5% |
| Columbus, OH | $196,300 | 0.7% | 6.3% |
| Dallas, TX | $263,400 | 1.2% | 4.4% |
| Dayton, OH | $121,500 | 0.7% | 4.9% |
| Denver, CO | $414,800 | 0.5% | 1.9% |
| Detroit, MI | $104,600 | 1.8% | 3.7% |
| Fort Lauderdale, FL | $269,500 | 0.2% | 5.5% |
| Fort Worth, TX | $221,500 | 1.2% | 6.5% |
| Fresno, CA | $261,500 | 1.1% | 4.7% |
| Grand Rapids, MI | $167,900 | 0.9% | 7.5% |
| Greenville, SC | $189,900 | 0.8% | 16.3% |
| Houston, TX | $213,000 | 0.8% | 5.0% |
| Indianapolis, IN | $166,900 | 1.2% | 7.2% |
| Jacksonville, FL | $224,600 | 0.6% | 6.8% |
| Kansas City, MO | $190,500 | 0.7% | 4.2% |
| Knoxville, TN | $177,100 | 1.1% | 21.6% |
| Las Vegas, NV | $280,600 | 0.4% | 6.2% |
| Los Angeles, CA | $634,600 | 0.3% | 3.0% |
| Louisville, KY | $175,400 | 0.8% | 18.6% |
| Memphis, TN | $145,900 | 1.1% | 10.3% |
| Miami, FL | $302,100 | 0.5% | 4.2% |
| Milwaukee, WI | $195,800 | 0.2% | -5.7% |
| Minneapolis, MN | $268,900 | 0.9% | 5.9% |
| Montgomery County, PA | $321,500 | 0.6% | 2.4% |
| Nashville, TN | $266,700 | 0.8% | 10.3% |
| New Orleans, LA | $185,700 | 0.9% | 12.3% |
| Newark, NJ | $369,800 | 0.5% | 11.8% |
| Oakland, CA | $776,000 | 0.4% | 0.6% |
| Oklahoma City, OK | $152,900 | 0.8% | 10.2% |
| Omaha, NE | $180,000 | 0.8% | 7.9% |
| Orlando, FL | $238,500 | 0.6% | 6.1% |
| Oxnard, CA | $606,300 | 0.4% | 1.6% |
| Philadelphia, PA | $186,700 | 1.7% | -8.2% |
| Phoenix, AZ | $277,100 | 0.8% | 6.1% |
| Pittsburgh, PA | $149,800 | -0.2% | 8.8% |
| Portland, OR | $403,900 | 0.9% | 3.6% |
| Providence, RI | $298,900 | 1.0% | 3.3% |
| Raleigh, NC | $273,400 | 0.6% | 6.2% |
| Richmond, VA | $230,000 | 1.2% | 4.9% |
| Riverside, CA | $371,900 | 0.6% | 3.7% |
| Rochester, NY | $151,500 | 1.2% | 7.1% |
| Sacramento, CA | $418,000 | 2.0% | 5.0% |
| Salt Lake City, UT | $336,800 | 0.8% | 6.1% |
| San Antonio, TX | $199,800 | 1.6% | 6.6% |
| San Diego, CA | $601,800 | 0.4% | 2.3% |
| San Francisco, CA | $1,338,400 | 0.4% | -0.9% |
| San Jose, CA | $1,181,200 | -0.8% | -8.0% |
| Seattle, WA | $572,300 | 1.8% | 1.1% |
| St. Louis, MO | $164,800 | 1.3% | 7.3% |
| Tacoma, WA | $367,300 | 2.8% | 6.5% |
| Tampa, FL | $223,500 | 0.6% | 5.4% |
| Tucson, AZ | $219,900 | 1.7% | 9.5% |
| Tulsa, OK | $145,400 | 1.0% | 7.0% |
| Warren, MI | $209,400 | 1.1% | 0.6% |
| Washington, DC | $396,200 | 0.7% | 3.4% |
| West Palm Beach, FL | $272,000 | 0.4% | 4.2% |
| Worcester, MA | $291,700 | 0.7% | 4.2% |
| National | $300,100 | 0.0% | 6.0% |
This post first appeared on Redfin.com. To see the original, click here.