Home Prices Post Strongest Gain in Nearly Four Years as a Double-Digit Inventory Decline Constrained Sales

Real Estate News & Analysis

Home Prices Post Strongest Gain in Nearly Four Years as a Double-Digit Inventory Decline Constrained Sales

Affordability Pressures Mount as Mortgage Rates Rise

Home prices in February increased 8.8 percent from a year earlier to a median sale price of $285,700 across the markets Redfin tracks. This was the strongest price appreciation since March 2014. February also marks six years, or 72 consecutive months, of year-over-year price increases since the market bottomed out and began to recover.

Home price growth February 2018

Constrained by a lack of supply, February home sales were nearly flat, up just 0.4 percent compared to last year. February saw an 11.4 percent decline in the overall number of homes for sale, marking the 29th consecutive month of year-over-year supply declines.

Homes for Sale Feb 2018

Notwithstanding affordability concerns and low inventory, buyer demand remained strong and market speed continued to increase. The typical home that sold last month went under contract in 53 days, a week faster than one year prior. More than one in five (21.1%) homes that sold last month went for more than their list price, up from 19.6 percent last February. Of the offers Redfin agents wrote for their clients in February, 56 percent encountered competition compared to 58 percent last February.

“Mortgage rates pushed upwards in February to the highest levels in nearly three years as home prices increased by their fastest pace in nearly four years,” said Redfin chief economist Nela Richardson. “A growing economy, healthy buyer demand and low inventory drove the ramp up in prices last month. Combining even slightly higher rates with price growth this strong will make it even more challenging for first-time buyers to find affordable homes to buy this year. The good news for sellers is modest rate increases are unlikely to curtail buyer demand. Just 6 percent of respondents to a survey commissioned by Redfin said they would cancel their home buying plans if rates rose above 5 percent.”

The median value of off-market homes was $283,300, as measured by the Redfin Estimate, up 8.9 percent from last year. 58.1 percent of homes on the market in February were priced above their Redfin Estimate value, with a Redfin-List-to-Estimate Ratio of 100.3 percent, indicating that sellers are slightly overpricing their homes.  

Market Summary February 2018 Month-Over-Month Year-Over-Year
Median sale price $285,700 2.7% 8.8%
Homes sold 166,100 -0.8% 0.4%
New listings 254,700 9.1% -1.2%
All homes for sale 607,800 2.9% -11.4%
Median days on market 53 0 -7
Months of supply 3.7 0.2 -0.4
Sold above list 21.1% 1.8% 1.5%
Median off-market Redfin Estimate $283,300 0.8% 8.9%
Average sale-to-list 97.8% 0.2% -0.1%

Other February Highlights

Competition

  • Seattle, WA was the fastest market, with half of all homes pending sale in just 8 days, down from 12 days from a year earlier. Denver, CO and San Jose, CA were the next fastest markets with 9 and 10 median days on market, followed by Oakland, CA (13) and San Francisco, CA (14).
  • The most competitive market in February was San Jose, CA where 83.1% of homes sold above list price, followed by 74.4% in San Francisco, CA, 67.5% in Oakland, CA, 54.8% in Seattle, WA, and 44.4% in Tacoma, WA.

Prices

  • San Jose, CA had the nation’s highest price growth, rising 34.1% since last year to $1,180,000. Detroit, MI had the second highest growth at 19.8% year-over-year price growth, followed by Fresno, CA (19.5%), Tacoma, WA (17.9%), and New Orleans, LA (17.7%).
  • No metros saw price declines in February.

Sales

Inventory

Redfin Estimate

  • The median list price-to-Redfin Estimate ratio was 93.3% in San Francisco, CA, the lowest of any market. This indicates the typical home for sale in February was listed at a price 6.7% below its estimated value. Only 8.1% of homes in San Francisco, CA were listed for more than their Redfin Estimate.
  • Conversely, the median list price-to-Redfin Estimate ratio was 102.6% in Miami, FL and 102.3% in West Palm Beach, FL, which means sellers are listing their homes for more than the estimated value in those metro areas. In Miami, FL, 86.4% 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 $193,100 4.1% 7.8%
Allentown, PA $175,000 -5.1% 4.9%
Atlanta, GA $219,000 1.9% 9.6%
Austin, TX $299,900 3.4% 4.1%
Bakersfield, CA $225,000 4.7% 9.2%
Baltimore, MD $245,000 3.9% 5.6%
Baton Rouge, LA $199,900 2.5% 11.1%
Birmingham, AL $192,000 9.5% 16.4%
Boston, MA $436,200 -3.1% 8.8%
Buffalo, NY $132,200 -2.0% 13.0%
Camden, NJ $160,000 6.0% 6.7%
Charlotte, NC $225,000 2.5% 7.1%
Chicago, IL $225,000 2.7% 10.8%
Cincinnati, OH $158,000 1.9% 14.9%
Cleveland, OH $135,000 7.1% 13.9%
Columbus, OH $181,500 2.0% 10.1%
Dallas, TX $285,000 7.2% 5.6%
Denver, CO $397,200 5.7% 12.9%
Detroit, MI $115,000 1.3% 19.8%
Fort Lauderdale, FL $240,000 -1.0% 11.6%
Fort Worth, TX $225,000 4.7% 6.2%
Fresno, CA $263,500 9.1% 19.5%
Grand Rapids, MI $179,700 2.7% 10.4%
Greenville, SC $189,000 -0.5% 8.0%
Hampton Roads, VA $215,000 -1.7% 2.0%
Honolulu, HI $550,000 -2.7% 5.8%
Houston, TX $225,000 3.3% 1.0%
Indianapolis, IN $165,000 5.1% 9.9%
Jacksonville, FL $219,900 6.2% 12.8%
Kansas City, MO $189,900 -1.0% 5.5%
Knoxville, TN $187,000 6.9% 15.9%
Las Vegas, NV $256,000 2.4% 15.8%
Long Island, NY $415,000 -0.6% 5.1%
Los Angeles, CA $590,000 2.5% 9.3%
Louisville, KY $169,500 -3.2% 5.9%
Memphis, TN $160,000 0.0% 6.7%
Miami, FL $277,500 -2.5% 4.7%
Milwaukee, WI $178,400 -3.5% 11.5%
Minneapolis, MN $250,000 2.9% 12.4%
Montgomery County, PA $279,900 -1.8% 3.7%
Nashville, TN $275,300 1.8% 10.1%
New Orleans, LA $210,000 8.8% 17.7%
Oakland, CA $669,000 2.9% 10.6%
Oklahoma City, OK $164,200 5.1% 2.7%
Omaha, NE $176,800 -6.4% 14.0%
Orange County, CA $695,000 3.7% 11.2%
Orlando, FL $231,500 -1.5% 11.7%
Oxnard, CA $574,000 -4.3% 5.9%
Philadelphia, PA $178,000 -2.5% 11.9%
Phoenix, AZ $255,000 2.6% 9.8%
Pittsburgh, PA $150,000 0.0% 15.8%
Portland, OR $380,000 -1.7% 10.1%
Providence, RI $247,000 0.8% 9.8%
Raleigh, NC $275,000 2.6% 10.0%
Richmond, VA $226,000 2.7% 5.2%
Riverside, CA $354,500 1.3% 9.4%
Rochester, NY $125,000 -1.6% 4.3%
Sacramento, CA $373,000 2.2% 9.7%
Salt Lake City, UT $300,000 2.7% 15.4%
San Antonio, TX $209,000 2.0% 4.5%
San Diego, CA $547,000 2.2% 8.3%
San Francisco, CA $1,369,400 5.3% 10.9%
San Jose, CA $1,180,000 18.6% 34.1%
Seattle, WA $530,000 3.8% 15.2%
St. Louis, MO $165,000 5.4% 11.5%
Tacoma, WA $330,000 6.5% 17.9%
Tampa, FL $215,000 6.5% 10.8%
Tucson, AZ $210,000 5.1% 9.4%
Tulsa, OK $158,900 0.2% 8.8%
Warren, MI $185,000 0.0% 9.8%
Washington, DC $370,500 1.2% 4.4%
West Palm Beach, FL $270,000 5.3% 12.8%
Worcester, MA $247,000 -1.2% 9.8%
National $285,700 2.7% 8.8%

Homes Sold

Redfin Metro Homes Sold Month-Over-Month Year-Over-Year
Albany, NY 542 -25.3% -6.1%
Allentown, PA 451 -22.6% -5.3%
Atlanta, GA 6,710 6.7% 5.5%
Austin, TX 2,038 16.9% 1.3%
Bakersfield, CA 524 -6.4% -7.1%
Baltimore, MD 2,441 -4.2% -1.4%
Baton Rouge, LA 661 13.6% -9.8%
Birmingham, AL 1,019 29.0% 7.7%
Boston, MA 2,052 -31.3% -7.8%
Buffalo, NY 656 -14.7% -5.7%
Camden, NJ 1,132 -13.6% 3.8%
Charlotte, NC 2,396 4.3% -0.2%
Chicago, IL 6,339 -3.5% 12.6%
Cincinnati, OH 1,423 -13.3% 9.9%
Cleveland, OH 1,383 -11.5% -12.4%
Columbus, OH 1,648 -19.3% -2.9%
Dallas, TX 3,909 16.3% -1.2%
Denver, CO 3,158 1.3% 5.1%
Detroit, MI 1,237 -11.7% -5.1%
Fort Lauderdale, FL 2,349 -5.7% 3.9%
Fort Worth, TX 2,089 12.9% -2.8%
Fresno, CA 605 5.4% 4.9%
Grand Rapids, MI 760 -15.3% -10.1%
Greenville, SC 809 10.4% 18.4%
Hampton Roads, VA 1,461 8.9% 9.4%
Honolulu, HI 592 -5.3% 2.4%
Houston, TX 5,459 19.7% 3.4%
Indianapolis, IN 1,941 8.9% 5.4%
Jacksonville, FL 1,581 7.3% 0.1%
Kansas City, MO 1,945 -0.7% 4.4%
Knoxville, TN 923 16.2% 15.7%
Las Vegas, NV 2,659 -4.6% -6.0%
Long Island, NY 1,576 -28.9% -32.6%
Los Angeles, CA 4,273 -3.5% -5.3%
Louisville, KY 1,070 22.7% 24.7%
Memphis, TN 803 -2.0% 1.6%
Miami, FL 1,819 -31.1% -12.9%
Milwaukee, WI 985 0.0% 7.7%
Minneapolis, MN 2,664 -4.9% -13.0%
Montgomery County, PA 1,279 -20.9% 2.3%
Nashville, TN 2,229 7.8% -2.8%
New Orleans, LA 891 -0.2% 1.5%
Oakland, CA 1,389 1.2% -4.8%
Oklahoma City, OK 1,294 14.3% 15.8%
Omaha, NE 674 -4.7% -2.2%
Orange County, CA 1,825 0.8% -4.9%
Orlando, FL 2,934 -7.2% 6.8%
Oxnard, CA 475 -6.5% 0.2%
Philadelphia, PA 1,435 -17.1% 3.5%
Phoenix, AZ 6,805 11.2% 5.9%
Pittsburgh, PA 1,191 -11.3% -6.7%
Portland, OR 2,271 6.6% 3.0%
Providence, RI 1,032 -13.6% -2.3%
Raleigh, NC 1,447 3.1% -3.7%
Richmond, VA 1,037 3.2% 11.0%
Riverside, CA 3,665 -4.4% -3.0%
Rochester, NY 558 -27.0% -11.6%
Sacramento, CA 1,803 -5.8% -2.0%
Salt Lake City, UT 1,176 1.3% 9.5%
San Antonio, TX 1,731 11.9% -5.9%
San Diego, CA 2,221 3.1% -3.3%
San Francisco, CA 610 27.9% 8.0%
San Jose, CA 816 17.4% -1.0%
Seattle, WA 2,768 12.2% -2.8%
St. Louis, MO 2,227 -0.7% -5.6%
Tacoma, WA 1,053 6.6% 4.7%
Tampa, FL 4,152 11.7% 4.6%
Tucson, AZ 1,129 16.2% -5.6%
Tulsa, OK 811 14.9% 7.8%
Warren, MI 2,352 -16.4% -0.4%
Washington, DC 5,123 2.6% -6.5%
West Palm Beach, FL 2,153 -4.4% -0.6%
Worcester, MA 470 -30.7% -10.6%
National 166,100 -0.8% 0.4%

New Listings

Redfin Metro New Listings Month-Over-Month Year-Over-Year
Albany, NY 724 5.7% -10.7%
Albuquerque, NM 1,201 8.3% 1.7%
Allentown, PA 845 14.7% -7.2%
Atlanta, GA 9,617 16.9% 13.9%
Austin, TX 3,146 26.5% 4.7%
Bakersfield, CA 926 2.7% 8.6%
Baltimore, MD 3,734 21.2% -0.6%
Baton Rouge, LA 1,139 20.1% 14.4%
Birmingham, AL 1,392 12.4% -15.1%
Boston, MA 4,008 41.2% 13.4%
Buffalo, NY 791 11.3% -3.3%
Camden, NJ 2,044 8.3% -3.5%
Charlotte, NC 3,640 22.2% -7.3%
Chicago, IL 11,170 26.8% -10.4%
Cincinnati, OH 2,060 21.7% -6.5%
Cleveland, OH 2,300 6.4% -8.2%
Columbus, OH 2,114 18.8% -8.3%
Dallas, TX 5,612 2.7% -3.1%
Denver, CO 4,215 12.8% -1.4%
Detroit, MI 1,577 -6.2% -14.7%
Fort Lauderdale, FL 4,259 -4.7% 4.3%
Fort Worth, TX 2,717 0.5% -6.3%
Fresno, CA 854 0.6% 5.7%
Grand Rapids, MI 1,063 13.6% -4.4%
Greenville, SC 1,105 7.4% -4.8%
Hampton Roads, VA 2,151 16.9% -2.0%
Honolulu, HI 952 -6.7% 7.0%
Houston, TX 8,292 7.6% -4.5%
Indianapolis, IN 2,298 17.1% -11.2%
Jacksonville, FL 2,585 13.3% 8.7%
Kansas City, MO 2,682 14.5% -5.1%
Knoxville, TN 1,129 10.0% 7.7%
Las Vegas, NV 3,703 2.2% -0.6%
Long Island, NY 3,001 14.9% -0.5%
Los Angeles, CA 7,268 5.3% 10.0%
Louisville, KY 1,205 7.2% -2.5%
Memphis, TN 1,134 17.5% -4.5%
Miami, FL 4,296 -8.8% 2.9%
Milwaukee, WI 1,438 15.7% -12.5%
Minneapolis, MN 4,566 40.1% -9.3%
Montgomery County, PA 2,385 30.0% -11.1%
Nashville, TN 3,365 14.0% 0.8%
New Orleans, LA 1,328 2.4% 7.4%
Oakland, CA 2,364 18.9% 8.6%
Oklahoma City, OK 1,698 0.9% -12.2%
Omaha, NE 916 21.6% -12.8%
Orange County, CA 3,058 13.6% 7.3%
Orlando, FL 4,220 0.4% -1.2%
Oxnard, CA 796 15.4% 13.6%
Philadelphia, PA 2,555 22.1% -3.4%
Phoenix, AZ 8,841 -5.4% -3.4%
Pittsburgh, PA 1,863 12.8% -8.1%
Portland, OR 2,566 12.1% -1.3%
Providence, RI 1,620 23.4% 12.6%
Raleigh, NC 2,289 13.1% -6.8%
Richmond, VA 1,590 23.4% -10.0%
Riverside, CA 5,827 1.0% 6.1%
Rochester, NY 864 25.8% -11.3%
Sacramento, CA 2,791 12.2% 18.5%
Salt Lake City, UT 1,515 4.0% -0.3%
San Antonio, TX 2,558 -0.5% -0.5%
San Diego, CA 3,282 -0.5% 1.7%
San Francisco, CA 1,011 15.5% 13.6%
San Jose, CA 1,283 26.3% 7.1%
Seattle, WA 3,420 10.3% 2.2%
St. Louis, MO 3,673 24.9% -6.4%
Tacoma, WA 1,151 -0.1% -0.1%
Tampa, FL 5,843 -7.2% -0.9%
Tucson, AZ 1,593 -4.3% -2.5%
Tulsa, OK 1,114 2.7% -4.0%
Warren, MI 2,778 5.9% -14.2%
Washington, DC 8,065 29.3% -5.4%
West Palm Beach, FL 4,104 -10.0% 5.0%
Worcester, MA 760 27.9% 7.0%
National 254,700 9.1% -1.2%

All Homes for Sale

Redfin Metro All Homes for Sale Month-Over-Month Year-Over-Year
Albany, NY 2,125 -7.0% -30.7%
Albuquerque, NM 4,022 11.8% -6.3%
Allentown, PA 2,091 -4.8% -21.1%
Atlanta, GA 20,455 -0.1% -33.1%
Austin, TX 5,756 1.1% -1.9%
Bakersfield, CA 1,782 -3.3% -10.0%
Baltimore, MD 9,286 6.5% -1.6%
Baton Rouge, LA 3,529 6.0% 31.8%
Birmingham, AL 4,492 0.1% -18.4%
Boston, MA 4,918 5.4% -19.3%
Buffalo, NY 1,475 -4.7% -39.6%
Camden, NJ 7,115 4.1% -3.7%
Charlotte, NC 8,788 1.4% -26.6%
Chicago, IL 30,702 8.8% -16.3%
Cincinnati, OH 6,272 7.9% -12.3%
Cleveland, OH 6,927 -1.3% -17.0%
Columbus, OH 4,619 3.9% -20.3%
Dallas, TX 10,371 -5.3% -5.7%
Denver, CO 4,154 2.5% -7.6%
Detroit, MI 3,543 -8.8% -11.2%
Fort Lauderdale, FL 14,356 7.4% -0.9%
Fort Worth, TX 4,587 -10.2% -17.3%
Fresno, CA 1,306 -3.5% -12.5%
Grand Rapids, MI 1,686 -5.8% -9.0%
Greenville, SC 3,611 6.3% -6.4%
Hampton Roads, VA 6,412 -2.2% -14.3%
Honolulu, HI 3,010 5.0% 9.5%
Houston, TX 21,285 -2.5% -7.6%
Indianapolis, IN 4,856 -6.1% -27.8%
Jacksonville, FL 5,997 2.6% -9.6%
Knoxville, TN 4,003 0.6% -13.9%
Las Vegas, NV 8,670 4.7% -22.4%
Long Island, NY 8,802 4.8% -13.9%
Los Angeles, CA 13,169 4.5% -13.6%
Louisville, KY 2,344 -4.8% -13.4%
Memphis, TN 2,589 -1.0% -22.3%
Miami, FL 17,948 0.4% -3.1%
Milwaukee, WI 4,160 3.7% -22.6%
Minneapolis, MN 7,371 7.9% -20.4%
Montgomery County, PA 6,212 7.1% -9.6%
Nashville, TN 8,539 5.0% 0.1%
New Orleans, LA 5,855 5.5% 9.1%
Oakland, CA 1,886 16.0% -13.5%
Oklahoma City, OK 4,943 -5.1% -16.8%
Omaha, NE 1,396 -5.6% -13.7%
Orange County, CA 5,668 8.5% -14.8%
Orlando, FL 8,491 -4.2% -17.3%
Oxnard, CA 1,243 5.0% -5.6%
Philadelphia, PA 6,701 7.8% -7.8%
Phoenix, AZ 18,997 -1.8% -16.6%
Pittsburgh, PA 8,153 2.1% -15.9%
Portland, OR 3,874 -6.9% -4.2%
Providence, RI 4,054 1.4% -17.4%
Raleigh, NC 5,661 2.6% -7.3%
Richmond, VA 2,505 -4.5% -22.1%
Riverside, CA 13,657 0.8% -14.4%
Rochester, NY 1,517 -0.8% -40.0%
Sacramento, CA 3,503 2.2% -3.3%
Salt Lake City, UT 3,907 25.3% 49.9%
San Antonio, TX 6,839 -5.4% -6.1%
San Diego, CA 4,674 2.9% -6.1%
San Francisco, CA 974 13.0% -17.2%
San Jose, CA 923 24.9% -30.0%
Seattle, WA 2,283 -0.5% -21.7%
St. Louis, MO 11,418 15.9% 3.4%
Tacoma, WA 1,213 -16.1% -25.6%
Tampa, FL 11,870 -3.1% -14.2%
Tucson, AZ 4,566 1.6% -5.6%
Tulsa, OK 3,407 -2.4% -12.0%
Warren, MI 5,128 -6.9% -22.8%
Washington, DC 16,587 23.6% 13.9%
West Palm Beach, FL 15,123 3.1% -2.8%
Worcester, MA 1,315 -4.6% -29.3%
National 607,800 2.9% -11.4%

Median Off-Market Redfin Estimate

Redfin Metro Estimate Month-Over-Month Year-Over-Year
Albany, NY $206,400 -0.1% 4.5%
Allentown, PA $197,200 -0.1% 4.5%
Atlanta, GA $198,600 0.8% 10.1%
Austin, TX $288,300 0.0% 1.0%
Bakersfield, CA $201,100 0.4% 5.3%
Baltimore, MD $244,600 0.0% 2.3%
Baton Rouge, LA $147,100 -0.4% -2.6%
Birmingham, AL $141,000 0.0% 6.2%
Boston, MA $464,200 0.7% 4.5%
Buffalo, NY $147,400 0.1% 6.7%
Camden, NJ $185,700 -0.2% 2.8%
Charlotte, NC $187,000 3.1% 14.8%
Chicago, IL $229,200 0.0% 3.4%
Cincinnati, OH $156,200 0.5% 7.3%
Cleveland, OH $129,500 -0.1% 1.6%
Columbus, OH $175,600 2.2% 9.6%
Dallas, TX $243,100 0.4% 10.4%
Denver, CO $385,800 1.1% 9.0%
Detroit, MI $87,100 1.0% 17.6%
Fort Lauderdale, FL $248,900 0.2% 8.4%
Fort Worth, TX $197,500 0.5% 13.9%
Fresno, CA $237,900 0.2% 9.0%
Grand Rapids, MI $148,500 0.3% 8.1%
Greenville, SC $156,600 0.4% 7.0%
Hampton Roads, VA $216,000 0.1% 3.3%
Honolulu, HI $670,000 0.0% 4.5%
Houston, TX $197,000 0.1% 5.5%
Indianapolis, IN $147,600 0.3% 8.3%
Jacksonville, FL $201,000 0.8% 14.2%
Kansas City, MO $174,200 0.2% 9.0%
Knoxville, TN $139,700 0.1% 4.9%
Las Vegas, NV $246,000 0.9% 15.1%
Long Island, NY $422,700 0.2% 6.5%
Los Angeles, CA $591,400 0.4% 7.8%
Louisville, KY $144,300 1.2% -1.7%
Memphis, TN $128,200 0.7% 10.7%
Miami, FL $281,100 0.8% 6.9%
Milwaukee, WI $190,300 0.1% 6.0%
Minneapolis, MN $242,000 0.2% 7.6%
Montgomery County, PA $306,700 0.2% 4.5%
Nashville, TN $231,300 0.5% 12.7%
New Orleans, LA $166,100 -0.6% -2.4%
Oakland, CA $725,300 0.7% 9.6%
Oklahoma City, OK $135,200 0.2% 1.0%
Omaha, NE $159,400 0.4% 5.8%
Orange County, CA $687,000 0.4% 5.3%
Orlando, FL $217,100 0.8% 9.1%
Oxnard, CA $580,700 0.1% 5.9%
Philadelphia, PA $191,700 1.5% 10.1%
Phoenix, AZ $250,400 0.4% 6.6%
Pittsburgh, PA $135,200 0.1% 5.3%
Portland, OR $378,200 0.4% 4.7%
Providence, RI $280,700 0.1% 6.7%
Raleigh, NC $248,800 0.3% 6.7%
Richmond, VA $211,200 0.1% 7.5%
Riverside, CA $345,500 0.4% 8.6%
Rochester, NY $135,500 0.0% 4.4%
Sacramento, CA $382,100 0.3% 7.8%
Salt Lake City, UT $299,300 0.5% 9.4%
San Antonio, TX $182,100 0.3% 7.1%
San Diego, CA $566,000 0.6% 7.9%
San Francisco, CA $1,263,200 0.5% 12.3%
San Jose, CA $1,146,500 2.1% 21.1%
Seattle, WA $528,800 1.1% 14.2%
St. Louis, MO $147,400 0.0% 0.9%
Tacoma, WA $320,900 0.2% 12.3%
Tampa, FL $205,300 0.6% 9.8%
Tucson, AZ $193,800 0.0% 6.6%
Tulsa, OK $133,100 0.1% 2.4%
Warren, MI $197,600 0.1% 5.5%
Washington, DC $374,400 0.2% 2.8%
West Palm Beach, FL $256,400 1.4% 3.6%
Worcester, MA $268,500 0.9% 7.2%
National $283,300 0.8% 8.8%
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Real estate redefined