Home Sales Fell 8.1 Percent in September, Third Month in a Row of Declining Sales - Redfin Real Estate News

Home Sales Fell 8.1 Percent in September, Third Month in a Row of Declining Sales

by
Updated on October 6th, 2020

Sales fell 8.1 percent compared to last year, the largest decline posted since July 2016, and the third month in a row with declining sales. Meanwhile price-growth is strong, up 7.6 percent in September to a national median sale price of $288,000 across all markets Redfin serves. The median value of off-market homes in September was $251,000, as measured by the Redfin Estimate, up 0.7 percent from August.
Nationally, the number of homes for sale plunged 10.9 percent, continuing the 24-month streak of declining inventory. The number of new listings in September fell 7.7 percent from a year ago, leaving 3.3 months of supply. Less than six months of supply signals the market is tilted in favor of sellers.
The median days on market ticked up to 42 in September from 39 in August. The market was still five days faster than last September. The average sale-to-list price ratio was 98.4 percent and 23.6 percent of homes sold above their list price in September.

Market Summary September 2017 Month-Over-Month Year-Over-Year
Median sale price $288,200 -1.0% 7.6%
Homes sold 231,400 -17.1% -8.1%
New listings 262,200 -14.0% -7.7%
All Homes for sale 754,800 -2.1% -10.9%
Median days on market 42 3 -5
Months of supply 3.3 0.5 -0.1
Sold above list 23.6% -1.4% 1.2%
Median Off-Market Redfin Estimate $250,600 0.7%
Average Sale-to-list 98.4% -0.1% 0.3%

Weather took its toll in several markets, with Hurricane Irma in Florida and Harvey in Houston.  Real estate activity was put on hold as communities dealt with the storm and its aftermath. As a result of hurricane-related disruptions, we expect real estate activity to be more volatile than normal in these markets.
Home sales in Miami, Fort Lauderdale, West Palm Beach, Jacksonville, Orlando and Tampa all declined by more than 15 percent compared to last September. Miami sales took the biggest hit with a year-over-year decline of 38.4 percent. In Houston, home sales tumbled more than 25 percent in August, but recovered in September, and were essentially flat (0.2%) compared to a year ago.
“The housing market is running on fumes due to low inventory,” said Redfin chief economist Nela Richardson. “September marks the first time since 2014 that we’ve seen three consecutive months of year-over-year sales declines. The inventory shortage is most severe for affordable homes. There has not been an increase in homes priced under $260,000 in two years.”
In September, new listings from homes priced in the lowest tercile of the market (under $260,000) were down 14.9 percent year over year. Inventory for the middle tercile of new listings, priced between $260,000 and $470,000, was down 4.7 percent year over year. The only inventory increase was for listings above $470,000, up 2.3 percent from a year ago.  
“The good news is that so far markets affected by Hurricane Harvey, like Houston, are rebounding in terms of sales quickly,” said Richardson. “That bodes well for Floridian markets.”
Consistent with August, 43 percent of homes listed for sale in September were priced higher than their concurrent Redfin Estimate, a measure of a home’s value and prediction of its eventual sale price. The median list price-to-Redfin Estimate ratio was 100.2 percent, which means the typical home for sale last month was priced in line with its estimated value.
September Home Sales Data” data-portal-copyright=

Other September Highlights

Competition

  • Seattle, WA was the fastest market, with nearly half of all homes pending sale in just 10 days, down from 12 days from a year earlier. San Jose, CA, Boston, MA, and Portland, OR were the next fastest markets at 14 median days on market, followed by Oakland, CA (15).
  • The most competitive market in September was San Francisco, CA where 71.7% of homes sold above list price, followed by 71.6% in San Jose, CA, 64.6% in Oakland, CA, 47.7% in Seattle, WA and 42.7% in Tacoma, WA.

Prices

  • San Jose, CA had the nation’s highest price growth, rising 16.3% since last year to a median of $1 million. Tucson, AZ had the second highest growth at 15.8% year-over-year price growth, followed by Tacoma, WA (14.5%), Las Vegas, NV (14%) and Seattle, WA (13.3%).
  • Just 3 metros saw price declines in September: Camden, NJ (-6.4%), Baltimore, MD (-3.1%) and Newark, NJ (-2.7%).

Sales

  • Home sales in Miami, FL and Fort Lauderdale, FL declined by 38.4% and 32.4%, respectively, as Hurricane Irma ground the market to a halt.
  • 12 of 74 metros saw sales increase from last year. Camden, NJ led the nation in year-over-year sales growth, up 8.8%, followed by Honolulu, HI, up 7.8%. Detroit, MI rounded out the top three with sales up 4.8% from a year ago.

Inventory

  • San Jose, CA had the largest decrease in overall inventory, falling 51.7% since last September. Rochester, NY (-27.3%), Buffalo, NY (-26.9%) and Oakland, CA (-26.5%) also saw far fewer homes available on the market than a year ago.
  • Salt Lake City, UT had the highest increase in the number of homes for sale, up 39.6% year over year, followed by Baton Rouge, LA (34.0%) and Tulsa, OK (13.8%).

Methodology:
The Redfin Real-Time Housing Market Tracker is a monthly analysis of home prices, competition, sales volumes and inventory levels across the markets that Redfin serves nationwide. The analysis is based on data from the Multiple Listing Services of which Redfin is a member. The monthly data may change after publishing as additional real estate transactions are recorded.
Below are market-by-market breakdowns for prices, inventory, new listings and sales for markets with populations of 750,000 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 $207,500 -1.2% 9.2%
Allentown, PA $190,000 -5.0% 1.6%
Atlanta, GA $213,000 -2.1% 6.3%
Austin, TX $289,500 -2.1% 5.3%
Bakersfield, CA $225,000 2.3% 7.1%
Baltimore, MD $250,000 -5.7% -3.1%
Baton Rouge, LA $199,900 2.0% 0.0%
Birmingham, AL $189,200 0.1% 4.7%
Boston, MA $445,000 -3.7% 6.7%
Buffalo, NY $153,000 2.0% 13.3%
Camden, NJ $172,000 -4.4% -6.4%
Charlotte, NC $225,000 -2.2% 9.8%
Chicago, IL $228,500 -3.8% 2.9%
Cincinnati, OH $165,900 -5.7% 5.1%
Cleveland, OH $144,900 -0.1% 8.2%
Columbia, SC $143,400 1.0% -4.4%
Columbus, OH $185,000 -2.6% 4.2%
Dallas, TX $274,900 -1.8% 8.7%
Denver, CO $373,200 -0.2% 7.8%
Detroit, MI $128,000 1.6% 11.3%
Fort Lauderdale, FL $242,000 -6.9% 5.2%
Fort Worth, TX $218,900 -2.7% 10.0%
Fresno, CA $259,400 2.4% 10.4%
Grand Rapids, MI $180,000 -2.1% 6.0%
Greenville, SC $185,000 -4.5% 0.5%
Hampton Roads, VA $225,000 0.0% 7.1%
Honolulu, HI $588,000 4.1% 10.9%
Houston, TX $231,000 -0.9% 6.0%
Indianapolis, IN $162,000 -0.3% 2.5%
Jacksonville, FL $210,000 1.4% 8.0%
Kansas City, MO $195,000 -1.3% 5.4%
Knoxville, TN $180,000 -2.0% 5.9%
Las Vegas, NV $247,000 0.8% 14.0%
Long Island, NY $424,000 -1.6% 3.4%
Los Angeles, CA $589,000 -0.2% 10.1%
Louisville, KY $178,000 0.4% 4.5%
Memphis, TN $170,000 0.1% 9.0%
Miami, FL $280,000 0.0% 6.9%
Milwaukee, WI $198,000 -6.0% 4.2%
Minneapolis, MN $247,000 -1.6% 5.8%
Montgomery County, PA $290,000 -6.1% 3.6%
Nashville, TN $274,600 0.2% 12.1%
New Orleans, LA $192,000 -3.9% 3.8%
Newark, NJ $355,300 2.1% -2.7%
Oakland, CA $665,000 -3.1% 9.0%
Oklahoma City, OK $165,000 0.0% 1.9%
Omaha, NE $182,000 -1.6% 5.8%
Orange County, CA $685,000 3.0% 9.6%
Orlando, FL $229,000 1.3% 11.7%
Oxnard, CA $565,000 -2.6% 8.3%
Philadelphia, PA $182,500 -2.9% 7.4%
Phoenix, AZ $244,800 -0.1% 5.0%
Pittsburgh, PA $159,900 -3.1% 7.3%
Portland, OR $374,000 -0.3% 9.7%
Providence, RI $257,800 1.1% 7.8%
Raleigh, NC $261,500 -0.9% 4.6%
Richmond, VA $230,000 -4.2% 7.0%
Riverside, CA $340,000 0.0% 5.1%
Rochester, NY $135,000 -6.9% 8.0%
Sacramento, CA $371,200 -1.0% 7.1%
Salt Lake City, UT $285,000 -0.9% 9.2%
San Antonio, TX $210,400 -2.3% 4.7%
San Diego, CA $547,000 -0.5% 9.4%
San Francisco, CA $1,250,000 0.8% 11.1%
San Jose, CA $1,000,000 2.6% 16.3%
Seattle, WA $510,000 -1.9% 13.3%
St. Louis, MO $174,000 0.6% 5.1%
Tacoma, WA $320,000 3.2% 14.5%
Tampa, FL $212,500 -0.2% 11.8%
Tucson, AZ $207,200 6.3% 15.8%
Tulsa, OK $155,000 -3.1% 1.3%
Warren, MI $191,000 -0.5% 6.1%
Washington, DC $374,500 -2.7% 0.7%
West Palm Beach, FL $260,000 0.0% 8.3%
Worcester, MA $250,200 -6.6% 4.3%
National $288,200 -1.0% 7.6%

Homes Sold

Redfin Metro Homes Sold Month-Over-Month Year-Over-Year
Albany, NY 807 -24.4% -15.6%
Allentown, PA 735 -18.4% -9.9%
Atlanta, GA 8,718 -14.5% -7.3%
Austin, TX 2,505 -20.8% -6.2%
Bakersfield, CA 722 -9.8% -9.5%
Baltimore, MD 3,952 -23.1% 2.6%
Baton Rouge, LA 835 -16.2% -4.8%
Birmingham, AL 1,212 -15.8% -10.4%
Boston, MA 4,306 -25.6% -8.6%
Buffalo, NY 1,002 -20.9% -13.5%
Camden, NJ 1,738 -14.9% 8.8%
Charlotte, NC 3,457 -13.3% -4.8%
Chicago, IL 9,218 -18.2% -13.2%
Cincinnati, OH 2,123 -15.0% -12.1%
Cleveland, OH 2,435 -18.7% -3.3%
Columbia, SC 18 -85.8% -97.6%
Columbus, OH 2,740 -15.0% -0.7%
Dallas, TX 4,982 -19.8% -9.5%
Denver, CO 4,668 -14.3% -9.2%
Detroit, MI 1,883 -14.1% 4.8%
Fort Lauderdale, FL 2,104 -38.2% -32.4%
Fort Worth, TX 2,834 -14.6% -6.4%
Fresno, CA 793 -17.7% -5.0%
Grand Rapids, MI 1,500 -10.8% -21.3%
Greenville, SC 1,027 -13.4% -3.3%
Hampton Roads, VA 2,023 -12.5% 2.8%
Honolulu, HI 911 -2.8% 7.8%
Houston, TX 6,930 13.0% 0.2%
Indianapolis, IN 2,930 -10.6% -1.3%
Jacksonville, FL 1,718 -30.8% -21.5%
Kansas City, MO 2,927 -14.2% -8.6%
Knoxville, TN 1,169 -13.9% 1.9%
Las Vegas, NV 3,469 -12.9% -1.3%
Long Island, NY 2,414 -30.1% -17.5%
Los Angeles, CA 6,522 -13.7% -2.2%
Louisville, KY 1,448 -12.0% 1.3%
Memphis, TN 1,077 -22.4% -10.5%
Miami, FL 1,541 -48.8% -38.4%
Milwaukee, WI 1,703 -16.5% -10.3%
Minneapolis, MN 5,313 -19.6% -12.0%
Montgomery County, PA 2,173 -21.4% -5.6%
Nashville, TN 3,263 -10.7% -3.6%
New Orleans, LA 1,079 -14.8% -5.4%
Newark, NJ 510 -31.5% -75.2%
Oakland, CA 2,366 -16.3% -10.3%
Oklahoma City, OK 1,586 -17.1% -13.3%
Omaha, NE 1,133 -13.3% -8.1%
Orange County, CA 2,719 -14.3% -0.9%
Orlando, FL 2,971 -28.6% -17.2%
Oxnard, CA 770 -8.2% 4.1%
Philadelphia, PA 1,943 -17.5% -7.9%
Phoenix, AZ 7,268 -10.3% -0.5%
Pittsburgh, PA 2,050 -12.8% -2.4%
Portland, OR 3,335 -13.1% -10.2%
Providence, RI 1,900 -9.5% -3.0%
Raleigh, NC 2,130 -17.9% -4.1%
Richmond, VA 1,503 -17.8% 3.6%
Riverside, CA 4,842 -14.2% -3.7%
Rochester, NY 1,071 -23.7% -8.9%
Sacramento, CA 2,728 -15.3% -11.0%
Salt Lake City, UT 1,565 -15.5% -12.3%
San Antonio, TX 2,280 -17.8% -10.5%
San Diego, CA 3,040 -15.7% -8.3%
San Francisco, CA 845 -16.1% -10.5%
San Jose, CA 1,378 -12.7% -4.0%
Seattle, WA 4,647 -13.2% -2.6%
St. Louis, MO 3,376 -17.7% -5.3%
Tacoma, WA 1,562 -11.6% 3.8%
Tampa, FL 4,214 -24.6% -15.7%
Tucson, AZ 1,250 -9.5% -6.8%
Tulsa, OK 991 -6.9% -12.8%
Warren, MI 3,662 -17.9% -13.3%
Washington, DC 7,288 -23.3% 4.4%
West Palm Beach, FL 1,942 -36.3% -29.9%
Worcester, MA 948 -17.6% -4.4%
National 231,400 -17.1% -8.1%

New Listings

Redfin Metro New Listings Month-Over-Month Year-Over-Year
Albany, NY 933 -19.1% -9.0%
Albuquerque, NM 1,156 -20.4% -4.8%
Allentown, PA 954 -8.9% 2.4%
Atlanta, GA 8,871 -13.4% -4.2%
Austin, TX 2,808 -14.7% -5.5%
Bakersfield, CA 850 -18.0% -6.7%
Baltimore, MD 4,182 0.8% 0.4%
Baton Rouge, LA 1,071 -9.8% -7.2%
Birmingham, AL 1,229 -22.4% -14.4%
Boston, MA 6,110 26.2% -1.3%
Buffalo, NY 1,170 -17.4% 3.3%
Camden, NJ 1,971 -11.6% 5.1%
Charlotte, NC 3,535 -14.3% -0.7%
Chicago, IL 11,011 -10.2% -6.6%
Cincinnati, OH 2,254 -14.6% 0.2%
Cleveland, OH 2,797 -12.9% 3.9%
Columbia, SC 984 -18.3% -7.2%
Columbus, OH 2,737 -19.1% 1.5%
Dallas, TX 5,925 -13.6% 1.4%
Denver, CO 5,047 -10.1% -9.4%
Detroit, MI 2,201 -18.3% -0.3%
Fort Lauderdale, FL 2,256 -42.9% -41.0%
Fort Worth, TX 3,011 -17.1% -1.5%
Fresno, CA 911 -13.9% 1.6%
Grand Rapids, MI 1,526 -19.8% 3.0%
Greenville, SC 1,008 -21.3% -11.4%
Hampton Roads, VA 2,146 -16.0% 3.6%
Honolulu, HI 929 -12.0% 2.7%
Houston, TX 6,963 -13.7% -14.8%
Indianapolis, IN 2,954 -13.9% -1.6%
Jacksonville, FL 1,748 -38.9% -22.8%
Kansas City, MO 3,439 -3.0% 6.5%
Knoxville, TN 1,294 -10.0% 6.4%
Las Vegas, NV 3,703 -12.1% -4.2%
Long Island, NY 2,924 -3.6% 1.6%
Los Angeles, CA 7,348 -9.5% -18.0%
Louisville, KY 1,487 -9.4% -0.7%
Memphis, TN 1,246 -17.3% -8.0%
Miami, FL 2,381 -44.9% -43.2%
Milwaukee, WI 1,767 -15.9% -6.4%
Minneapolis, MN 5,396 -13.5% -6.0%
Montgomery County, PA 2,448 -3.7% -5.1%
Nashville, TN 3,767 -7.6% 0.7%
New Orleans, LA 1,437 -3.2% -2.5%
Newark, NJ 2,815 2.0% -2.3%
Oakland, CA 2,796 0.5% -3.7%
Oklahoma City, OK 1,926 -11.6% -3.4%
Omaha, NE 1,129 -13.9% -12.2%
Orange County, CA 2,603 -18.8% -20.8%
Orlando, FL 2,755 -38.6% -32.6%
Oxnard, CA 801 -15.0% 3.6%
Philadelphia, PA 2,626 -2.3% -1.1%
Phoenix, AZ 8,619 -2.3% -4.3%
Pittsburgh, PA 2,327 -15.9% 0.3%
Portland, OR 3,491 -11.9% -2.8%
Providence, RI 2,081 -12.5% -5.5%
Raleigh, NC 2,245 -11.1% -3.8%
Richmond, VA 1,605 -13.2% 2.2%
Riverside, CA 5,564 -9.2% -19.1%
Rochester, NY 1,180 -10.6% 11.0%
Sacramento, CA 3,242 -14.8% -2.7%
Salt Lake City, UT 2,077 -11.0% 6.7%
San Antonio, TX 2,706 -15.5% 5.5%
San Diego, CA 3,235 -15.2% -6.3%
San Francisco, CA 1,505 53.9% -2.5%
San Jose, CA 1,347 -5.5% -15.2%
Seattle, WA 4,931 -8.0% -4.4%
St. Louis, MO 4,110 -7.4% 2.3%
Tacoma, WA 1,515 -15.6% 7.5%
Tampa, FL 3,937 -34.4% -28.9%
Tucson, AZ 1,554 -0.7% -2.1%
Tulsa, OK 1,187 -10.5% -17.5%
Warren, MI 4,066 -20.1% 1.6%
Washington, DC 9,122 5.7% 2.1%
West Palm Beach, FL 2,169 -40.1% -42.0%
Worcester, MA 1,248 3.7% 6.2%
National 262,200 -14.0% -7.7%

All Homes for Sale

Redfin Metro All Homes for Sale Month-Over-Month Year-Over-Year
Albany, NY 3,077 -6.0% -24.6%
Albuquerque, NM 4,718 1.9% 7.2%
Allentown, PA 3,569 13.3% 1.3%
Atlanta, GA 29,121 4.2% -15.9%
Austin, TX 7,983 -6.8% 9.1%
Bakersfield, CA 2,135 -5.4% -16.2%
Baltimore, MD 10,934 -0.8% -15.9%
Baton Rouge, LA 4,153 15.9% 34.0%
Birmingham, AL 5,319 -5.3% -12.1%
Boston, MA 8,743 9.5% -17.8%
Buffalo, NY 2,364 -6.8% -26.9%
Camden, NJ 7,634 0.6% -8.4%
Charlotte, NC 12,362 -2.3% -4.3%
Chicago, IL 40,183 -2.8% -11.6%
Cincinnati, OH 7,701 -3.5% -13.6%
Cleveland, OH 9,023 -3.0% -12.1%
Columbia, SC 3,592 -4.2% -15.3%
Columbus, OH 6,973 -4.8% -8.3%
Dallas, TX 13,481 -8.5% 4.1%
Denver, CO 7,404 -0.6% -11.0%
Detroit, MI 4,634 -4.6% -16.8%
Fort Lauderdale, FL 13,035 -2.3% -7.1%
Fort Worth, TX 6,128 -12.1% -10.5%
Fresno, CA 1,587 -7.3% -16.5%
Grand Rapids, MI 2,908 -1.0% -6.9%
Greenville, SC 3,811 -5.3% -11.8%
Hampton Roads, VA 7,830 -4.7% -8.3%
Honolulu, HI 3,285 2.4% 7.3%
Houston, TX 24,951 -12.1% -2.4%
Indianapolis, IN 7,372 -4.3% -18.1%
Jacksonville, FL 6,276 -7.5% -18.3%
Knoxville, TN 4,902 0.9% -10.6%
Las Vegas, NV 9,881 -3.0% -26.0%
Long Island, NY 10,640 -2.5% -14.9%
Los Angeles, CA 16,009 -5.2% -19.7%
Louisville, KY 3,430 0.6% -5.8%
Memphis, TN 3,246 -3.6% -20.8%
Miami, FL 16,912 -3.7% -8.8%
Milwaukee, WI 6,125 -4.1% -14.9%
Minneapolis, MN 12,263 -2.4% -13.7%
Montgomery County, PA 7,627 5.9% -11.8%
Nashville, TN 9,713 0.8% 1.7%
New Orleans, LA 6,070 4.1% 5.7%
Newark, NJ 10,326 -0.3% -8.8%
Oakland, CA 2,917 0.5% -26.5%
Oklahoma City, OK 6,186 -2.9% -4.4%
Omaha, NE 2,041 -2.7% -18.7%
Orange County, CA 6,825 -11.3% -25.5%
Orlando, FL 9,682 -6.9% -20.8%
Oxnard, CA 1,629 -4.2% -16.5%
Philadelphia, PA 7,692 3.4% -10.3%
Phoenix, AZ 19,384 -1.2% -14.3%
Pittsburgh, PA 10,228 -1.8% -7.7%
Portland, OR 6,595 1.5% -1.5%
Providence, RI 5,769 -2.0% -18.2%
Raleigh, NC 7,876 6.8% 12.1%
Richmond, VA 3,700 -3.4% -11.9%
Riverside, CA 14,322 -5.4% -22.0%
Rochester, NY 2,403 -3.6% -27.3%
Sacramento, CA 5,526 -4.8% -14.8%
Salt Lake City, UT 5,435 23.5% 39.6%
San Antonio, TX 8,065 -6.8% -1.5%
San Diego, CA 5,629 -7.4% -20.7%
San Francisco, CA 1,564 31.9% -23.9%
San Jose, CA 1,218 -8.9% -51.7%
Seattle, WA 5,510 2.7% -21.3%
St. Louis, MO 14,205 5.9% 2.1%
Tacoma, WA 2,569 -6.2% -18.5%
Tampa, FL 12,058 -4.8% -25.8%
Tucson, AZ 4,488 -1.1% -8.8%
Tulsa, OK 4,982 11.3% 13.8%
Warren, MI 8,767 -2.9% -13.7%
Washington, DC 18,863 1.7% -8.7%
West Palm Beach, FL 12,784 -3.2% -7.5%
Worcester, MA 2,293 0.6% -20.2%
National 754,800 -2.1% -10.9%

Median Off-Market Redfin Estimate

Redfin Metro Estimate Month-Over-Month
Albany, NY $204,600 1.0%
Allentown, PA $194,400 0.4%
Atlanta, GA $188,900 0.5%
Austin, TX $288,100 -0.3%
Bakersfield, CA $198,400 0.4%
Baltimore, MD $243,800 0.4%
Baton Rouge, LA $152,300 0.7%
Birmingham, AL $138,200 0.8%
Boston, MA $455,700 0.6%
Buffalo, NY $145,200 1.4%
Camden, NJ $185,900 0.6%
Charlotte, NC $174,000 1.3%
Chicago, IL $231,000 0.6%
Cincinnati, OH $152,700 0.6%
Cleveland, OH $129,600 0.7%
Columbia, SC $104,500 -5.7%
Columbus, OH $167,700 0.9%
Dallas, TX $233,800 0.7%
Denver, CO $373,800 0.5%
Detroit, MI $80,700 3.0%
Fort Lauderdale, FL $237,600 0.7%
Fort Worth, TX $189,700 0.8%
Fresno, CA $231,800 1.3%
Grand Rapids, MI $145,400 0.1%
Greenville, SC $151,600 0.8%
Hampton Roads, VA $212,700 0.3%
Honolulu, HI $662,600 0.2%
Houston, TX $191,700 0.4%
Indianapolis, IN $144,400 1.0%
Jacksonville, FL $193,000 1.8%
Kansas City, MO $170,600 1.3%
Knoxville, TN $135,600 0.8%
Las Vegas, NV $228,800 1.6%
Long Island, NY $410,200 1.1%
Los Angeles, CA $574,100 0.8%
Louisville, KY $154,300 0.6%
Memphis, TN $122,900 1.5%
Miami, FL $271,500 0.5%
Milwaukee, WI $189,100 0.6%
Minneapolis, MN $240,200 0.6%
Montgomery County, PA $304,300 0.5%
Nashville, TN $219,000 1.1%
New Orleans, LA $175,200 0.6%
Newark, NJ $317,100 -0.3%
Oakland, CA $701,800 0.6%
Oklahoma City, OK $135,200 -0.8%
Omaha, NE $156,800 0.2%
Orange County, CA $670,000 0.7%
Orlando, FL $207,700 0.8%
Oxnard, CA $571,000 0.7%
Philadelphia, PA $182,100 0.2%
Phoenix, AZ $244,200 0.6%
Pittsburgh, PA $134,900 0.2%
Portland, OR $369,200 -1.1%
Providence, RI $275,000 1.2%
Raleigh, NC $242,500 0.5%
Richmond, VA $205,800 0.5%
Riverside, CA $332,100 0.8%
Rochester, NY $135,400 0.8%
Sacramento, CA $375,400 0.5%
Salt Lake City, UT $292,300 0.9%
San Antonio, TX $175,200 0.6%
San Diego, CA $551,500 0.6%
San Francisco, CA $1,200,400 0.2%
San Jose, CA $1,037,700 1.4%
Seattle, WA $503,500 1.1%
St. Louis, MO $146,400 1.2%
Tacoma, WA $304,000 1.0%
Tampa, FL $195,100 0.7%
Tucson, AZ $189,000 0.7%
Tulsa, OK $133,500 -0.7%
Warren, MI $194,900 1.0%
Washington, DC $371,300 0.3%
West Palm Beach, FL $245,600 0.3%
Worcester, MA $262,600 0.9%
National $250,600 0.7%
Alina Ptaszynski

Alina Ptaszynski

Alina is on the communications and PR team at Redfin. She helps consumers and the media understand what's going on in the housing market, the real estate industry and inside Redfin.

Email Alina

Leave a Comment

Your email address will not be published. Required fields are marked *

Be the first to see the latest real estate news:

  • This field is for validation purposes and should be left unchanged.

By submitting your email you agree to Redfin’s Terms of Use and Privacy Policy

Scroll to Top