Home Prices Up 3 Percent in July as Supply Fell 3 Percent—The Largest Decline in a Year

August 16, 2019 by
Updated on August 16th, 2019
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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.”

Year-Over-Year Home Price Growth—3 Percent in July

Market SummaryJuly 2019Month-Over-MonthYear-Over-Year
Median sale price$318,100-0.7%3.3%
Homes sold, seasonally-adjusted258,300-1.0%-3.4%
New listings, seasonally-adjusted314,400-0.5%-2.9%
All Homes for sale868,800-4.2%-3.4%
Median days on market3812
Months of supply2.8-0.1-0.1
Sold above list23.9%-1.0%-3.2%
Median Off-Market Redfin Estimate$300,1000.0%6.0%
Average Sale-to-list98.5%-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%).

Home Sales Fell Year Over Year in July

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.

Home Supply Fell Year Over Year in July

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.

Price Drops Climbed Further in July

Other July Highlights



  • 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.


  • 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.


  • 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 MetroMedian Sale PriceMonth-Over-MonthYear-Over-Year
Albany, NY$227,1000.9%0.9%
Albuquerque, NM$220,000-25.9%23.7%
Allentown, PA$220,0000.5%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$249,9000.0%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$530,0000.0%2.9%
Bridgeport, CT$422,000-4.1%-6.2%
Buffalo, NY$170,0003.0%3.0%
Camden, NJ$211,0002.9%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$205,0001.5%9.6%
Cleveland, OH$172,0001.2%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$427,0000.5%4.1%
Detroit, MI$145,0000.0%5.8%
El Paso, TX$167,0001.2%4.4%
Elgin, IL$228,000-5.0%0.9%
Fort Lauderdale, FL$285,0001.8%7.5%
Fort Worth, TX$250,0000.0%2.1%
Frederick, MD$420,500-3.3%0.1%
Fresno, CA$280,0001.4%3.7%
Grand Rapids, MI$215,800-1.7%5.3%
Greensboro, NC$187,7001.5%6.0%
Greenville, SC$225,0001.6%5.4%
Hartford, CT$237,2000.1%0.1%
Houston, TX$250,000-1.2%2.7%
Indianapolis, IN$199,0000.0%8.7%
Jacksonville, FL$245,0000.0%6.5%
Kansas City, MO$230,000-2.1%6.0%
Knoxville, TN$224,0002.0%10.9%
Lake County, IL$252,0000.8%5.4%
Las Vegas, NV$285,000-0.7%4.8%
Los Angeles, CA$650,0002.4%3.8%
Louisville, KY$215,0000.0%3.4%
McAllen, TX$168,0005.1%10.5%
Memphis, TN$210,0001.4%11.1%
Miami, FL$320,0000.0%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$477,0002.6%6.0%
New Brunswick, NJ$336,5001.7%1.1%
New Haven, CT$228,000-3.0%-0.9%
New Orleans, LA$232,000-3.3%4.5%
New York, NY$499,0000.8%-3.1%
Newark, NJ$389,9000.0%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$615,0003.5%1.7%
Philadelphia, PA$230,500-3.9%9.8%
Phoenix, AZ$282,0000.7%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$164,9003.1%9.1%
Sacramento, CA$417,000-0.5%3.0%
Salt Lake City, UT$345,0000.0%6.8%
San Antonio, TX$238,0000.0%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$375,0000.0%5.6%
Tampa, FL$239,9000.0%4.3%
Tucson, AZ$232,0000.9%10.5%
Tulsa, OK$180,0001.7%5.9%
Urban Honolulu, HI$625,0004.2%5.9%
Virginia Beach, VA$249,9001.2%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$285,0000.0%5.6%

Homes Sold

Redfin MetroHomes Sold, seasonally adjustedMonth-Over-MonthYear-Over-Year
Albany, NY823-1.9%-6.8%
Allentown, PA827-9.4%-10.7%
Anaheim, CA2,4092.5%0.4%
Atlanta, GA8,558-2.0%-12.1%
Austin, TX2,843-1.7%-1.1%
Bakersfield, CA7144.4%-4.7%
Baltimore, MD4,24939.5%17.4%
Baton Rouge, LA8333.5%-13.1%
Boston, MA4,119-2.8%-5.5%
Bridgeport, CT958-3.0%-3.9%
Buffalo, NY889-5.1%-11.7%
Camden, NJ1,669-4.2%-10.3%
Charleston, SC1,371-4.4%-0.4%
Charlotte, NC3,529-1.9%0.6%
Chicago, IL7,658-1.5%-7.9%
Cincinnati, OH1,974-4.2%-7.4%
Cleveland, OH2,3574.0%-4.0%
Columbus, OH2,491-2.0%-5.7%
Dallas, TX5,4562.1%1.0%
Dayton, OH9850.3%-3.4%
Denver, CO4,332-2.2%-5.6%
Detroit, MI1,726-10.4%-18.9%
El Paso, TX659-2.1%-7.2%
Elgin, IL934-0.6%-0.7%
Fort Lauderdale, FL2,697-0.1%-12.3%
Fort Worth, TX2,787-0.6%-3.0%
Frederick, MD1,4948.4%3.1%
Fresno, CA7374.4%-4.5%
Grand Rapids, MI1,3200.5%5.6%
Greensboro, NC7713.8%4.4%
Greenville, SC1,052-2.1%-1.6%
Hartford, CT1,216-6.0%-8.4%
Houston, TX7,5101.4%4.1%
Indianapolis, IN2,8151.2%-0.9%
Jacksonville, FL2,234-5.1%-11.9%
Kansas City, MO2,911-0.6%-5.1%
Knoxville, TN1,1450.3%-2.8%
Lake County, IL1,052-1.1%-0.6%
Las Vegas, NV3,2172.2%-8.5%
Los Angeles, CA5,489-0.6%-5.8%
Louisville, KY1,294-3.7%-2.3%
McAllen, TX2741.1%14.2%
Memphis, TN1,023-7.0%-8.0%
Miami, FL2,119-9.2%-22.9%
Milwaukee, WI1,765-0.9%-0.4%
Minneapolis, MN5,090-3.5%-1.7%
Montgomery County, PA2,004-17.2%-12.6%
Nashville, TN3,356-1.8%2.3%
Nassau County, NY2,442-6.7%-1.0%
New Brunswick, NJ2,865-8.9%-8.0%
New Haven, CT8470.2%-5.3%
New Orleans, LA1,128-12.3%-11.8%
New York, NY4,116-5.6%-13.9%
Newark, NJ2,186-2.5%-5.4%
North Port, FL1,816-2.2%-0.5%
Oakland, CA2,110-0.7%-8.2%
Oklahoma City, OK1,8491.5%3.1%
Omaha, NE1,0853.9%-5.8%
Orlando, FL3,9060.0%4.4%
Oxnard, CA698-0.4%2.1%
Philadelphia, PA2,107-6.2%-8.1%
Phoenix, AZ8,031-0.4%2.7%
Pittsburgh, PA2,1001.7%-6.9%
Portland, OR3,085-0.2%-3.8%
Providence, RI1,7911.1%2.7%
Raleigh, NC2,2503.0%-1.8%
Richmond, VA1,518-1.9%-3.4%
Riverside, CA4,5010.3%-2.9%
Rochester, NY916-1.2%-10.9%
Sacramento, CA2,4520.4%-7.5%
Salt Lake City, UT1,5934.0%-1.3%
San Antonio, TX2,6210.1%-0.3%
San Diego, CA2,7841.9%-4.3%
San Francisco, CA8862.0%-3.0%
San Jose, CA1,1191.0%-5.7%
Seattle, WA3,669-1.3%-6.7%
St. Louis, MO3,349-0.4%-3.0%
Tacoma, WA1,291-0.7%-6.5%
Tampa, FL5,224-1.5%0.2%
Tucson, AZ1,4884.6%5.0%
Tulsa, OK1,11692.1%-7.3%
Urban Honolulu, HI8045.1%1.5%
Virginia Beach, VA2,080-5.3%-6.6%
Warren, MI3,243-5.6%-10.5%
Washington, DC5,822-0.1%-10.2%
West Palm Beach, FL2,597-1.6%-8.2%
Worcester, MA932-2.4%-10.6%

New Listings

Redfin MetroNew Listings, seasonally adjustedMonth-Over-MonthYear-Over-Year
Albany, NY1,0605.8%-1.6%
Allentown, PA989-6.0%-11.2%
Anaheim, CA2,7030.1%-10.1%
Atlanta, GA10,3792.0%-3.5%
Austin, TX3,366-0.9%1.6%
Bakersfield, CA9191.3%-4.2%
Baltimore, MD4,082-2.0%-6.2%
Baton Rouge, LA1,041-6.1%-4.6%
Boston, MA4,854-4.8%-6.4%
Bridgeport, CT1,345-6.8%-1.3%
Buffalo, NY1,122-6.3%-6.9%
Camden, NJ1,924-2.5%-11.3%
Charleston, SC1,557-1.4%-3.4%
Charlotte, NC4,002-0.4%-2.3%
Chicago, IL10,297-1.3%-3.9%
Cincinnati, OH2,2881.8%-7.8%
Cleveland, OH2,8280.6%-5.2%
Columbus, OH2,751-1.2%-1.8%
Dallas, TX6,905-1.3%-0.5%
Dayton, OH1,118-2.0%-4.5%
Denver, CO4,892-4.7%-1.8%
Detroit, MI2,366-4.4%-2.6%
El Paso, TX964-4.4%29.8%
Elgin, IL1,160-3.7%-4.3%
Fort Lauderdale, FL3,788-5.0%-8.9%
Fort Worth, TX3,346-0.5%-0.5%
Frederick, MD1,621-4.5%-7.4%
Fresno, CA790-5.9%-18.8%
Grand Rapids, MI1,420-4.6%-0.3%
Greensboro, NC837-5.3%-3.4%
Greenville, SC1,3260.4%11.6%
Hartford, CT1,554-3.6%-3.7%
Houston, TX9,572-0.9%1.7%
Indianapolis, IN2,9452.5%-2.9%
Jacksonville, FL2,7330.6%-7.7%
Kansas City, MO3,295-0.7%-5.4%
Knoxville, TN1,3145.4%16.1%
Lake County, IL1,3972.1%2.5%
Las Vegas, NV4,073-1.9%-1.7%
Los Angeles, CA6,624-1.9%-9.6%
Louisville, KY1,4801.6%-3.5%
McAllen, TX459-6.0%10.8%
Memphis, TN1,2920.6%-3.1%
Miami, FL3,923-1.6%-8.2%
Milwaukee, WI1,884-1.2%-1.8%
Minneapolis, MN5,473-0.5%-1.1%
Montgomery County, PA2,513-3.3%-8.6%
Nashville, TN3,877-4.6%-6.8%
Nassau County, NY3,209-0.9%-9.6%
New Brunswick, NJ3,631-5.0%-11.4%
New Haven, CT1,0990.0%-4.0%
New Orleans, LA1,344-9.5%13.6%
New York, NY7,558-3.9%-9.2%
Newark, NJ2,439-10.5%-11.6%
North Port, FL2,2190.6%1.2%
Oakland, CA2,426-2.7%-7.7%
Oklahoma City, OK2,0830.1%0.4%
Omaha, NE1,172-1.0%-4.1%
Orlando, FL4,409-2.7%-2.0%
Oxnard, CA814-2.8%-7.0%
Philadelphia, PA2,711-3.2%-5.1%
Phoenix, AZ8,5480.2%-3.1%
Pittsburgh, PA2,350-3.6%-5.1%
Portland, OR3,438-3.6%-5.2%
Providence, RI1,945-1.8%-12.3%
Raleigh, NC2,366-1.5%0.9%
Richmond, VA1,729-1.3%-1.0%
Riverside, CA5,4401.0%-7.5%
Rochester, NY1,183-0.3%0.4%
Sacramento, CA3,0050.7%-6.6%
Salt Lake City, UT1,677-4.0%-11.0%
San Antonio, TX3,219-1.3%0.0%
San Diego, CA3,206-2.1%-11.6%
San Francisco, CA1,012-0.5%-7.0%
San Jose, CA1,288-5.2%-14.5%
Seattle, WA3,920-1.6%-11.4%
St. Louis, MO3,698-2.6%-11.9%
Tacoma, WA1,314-3.4%-9.9%
Tampa, FL6,140-0.1%1.0%
Tulsa, OK1,234-2.6%-11.1%
Urban Honolulu, HI1,0131.4%-1.2%
Virginia Beach, VA2,4292.1%2.4%
Warren, MI3,957-2.1%-4.2%
Washington, DC6,493-2.4%-11.0%
West Palm Beach, FL3,6040.3%-4.0%
Worcester, MA1,167-7.1%-8.8%

All Homes for Sale

Redfin MetroAll Homes for SaleMonth-Over-MonthYear-Over-Year
Albany, NY3,1500.6%-7.8%
Albuquerque, NM2,768-31.8%-36.1%
Allentown, PA3,1127.0%9.3%
Anaheim, CA8,370-7.4%-3.5%
Atlanta, GA25,571-3.4%-8.3%
Austin, TX7,873-3.5%-9.2%
Bakersfield, CA1,937-3.3%-17.1%
Baltimore, MD10,281-8.7%-3.1%
Baton Rouge, LA4,213-1.2%6.4%
Birmingham, AL4,797-2.8%-8.9%
Boston, MA10,375-10.4%18.1%
Bridgeport, CT6,330-6.4%-3.5%
Buffalo, NY2,1642.5%-15.8%
Camden, NJ5,679-8.5%-22.1%
Charleston, SC6,089-4.1%4.0%
Charlotte, NC11,278-3.3%-5.0%
Chicago, IL41,3221.2%10.5%
Cincinnati, OH7,0481.4%-10.5%
Cleveland, OH8,473-1.6%-7.6%
Columbus, OH6,906-0.1%-2.1%
Dallas, TX19,093-6.7%2.4%
Dayton, OH2,583-0.7%-14.0%
Denver, CO8,936-4.8%16.3%
Detroit, MI5,6264.1%11.3%
El Paso, TX2,627-4.6%2.3%
Elgin, IL4,6080.9%12.5%
Fort Lauderdale, FL13,344-8.2%1.1%
Fort Worth, TX7,573-6.7%-3.7%
Frederick, MD3,406-13.2%-4.3%
Fresno, CA1,664-8.0%-10.2%
Grand Rapids, MI2,606-0.9%3.8%
Greensboro, NC2,354-9.5%-9.5%
Greenville, SC4,5792.9%14.8%
Hartford, CT5,809-2.8%-6.2%
Houston, TX29,395-2.4%1.8%
Indianapolis, IN5,544-0.9%-8.6%
Jacksonville, FL7,685-3.8%-8.2%
Knoxville, TN4,202-7.1%7.5%
Lake County, IL6,1702.0%8.3%
Las Vegas, NV11,630-5.6%55.5%
Los Angeles, CA18,270-5.4%-1.8%
Louisville, KY3,3981.2%0.8%
McAllen, TX1,912-0.5%-5.2%
Memphis, TN3,037-1.0%-11.3%
Miami, FL17,426-4.1%-1.0%
Milwaukee, WI5,439-0.5%-0.2%
Minneapolis, MN11,514-2.9%-4.4%
Montgomery County, PA6,071-10.7%-14.0%
Nashville, TN11,516-2.9%5.0%
Nassau County, NY12,166-3.4%-0.5%
New Brunswick, NJ13,334-4.6%-5.0%
New Haven, CT4,124-3.3%-4.2%
New Orleans, LA4,337-1.0%-28.3%
New York, NY38,160-6.1%-8.0%
Newark, NJ9,799-3.6%0.8%
North Port, FL6,156-9.2%-8.2%
Oakland, CA3,977-4.5%11.7%
Oklahoma City, OK5,055-0.5%-12.5%
Omaha, NE1,9120.4%-9.7%
Orlando, FL9,488-7.2%-6.9%
Oxnard, CA2,527-1.9%22.4%
Philadelphia, PA6,592-7.7%-2.7%
Phoenix, AZ15,859-15.1%-13.5%
Pittsburgh, PA9,164-1.9%-7.1%
Portland, OR8,442-2.6%4.4%
Providence, RI5,801-3.2%-11.2%
Raleigh, NC6,349-7.0%-7.4%
Richmond, VA3,317-4.0%-8.9%
Riverside, CA14,853-8.4%-12.7%
Rochester, NY1,8413.0%-27.9%
Sacramento, CA5,976-1.7%-4.9%
Salt Lake City, UT3,215-16.4%-17.8%
San Antonio, TX9,267-4.8%-1.3%
San Diego, CA6,939-7.7%-11.9%
San Francisco, CA1,464-10.9%4.1%
San Jose, CA2,506-12.6%15.8%
Seattle, WA7,568-5.4%3.2%
St. Louis, MO9,818-7.0%-21.2%
Tacoma, WA2,124-2.0%-18.9%
Tampa, FL12,508-7.7%-6.3%
Tulsa, OK3,372-12.8%-22.5%
Urban Honolulu, HI4,0744.2%17.4%
Virginia Beach, VA6,438-7.2%-16.2%
Warren, MI9,6712.7%7.5%
Washington, DC12,921-11.0%-12.7%
West Palm Beach, FL12,908-6.7%-4.0%
Worcester, MA2,797-6.1%-3.5%

Median Off-Market Redfin Estimate

Redfin MetroEstimateMonth-Over-MonthYear-Over-Year
Albany, NY$219,4001.3%3.3%
Allentown, PA$215,2000.3%5.2%
Atlanta, GA$230,1000.8%10.4%
Austin, TX$316,3001.4%6.2%
Bakersfield, CA$225,9002.2%7.9%
Baltimore, MD$264,8000.5%5.6%
Baton Rouge, LA$171,0000.4%13.8%
Birmingham, AL$153,1001.2%5.1%
Boston, MA$496,8000.6%2.5%
Buffalo, NY$162,8001.6%6.4%
Camden, NJ$201,2001.3%5.0%
Charlotte, NC$207,0001.0%4.6%
Chicago, IL$248,3000.7%5.0%
Cincinnati, OH$174,1000.9%5.2%
Cleveland, OH$141,4000.6%4.5%
Columbus, OH$196,3000.7%6.3%
Dallas, TX$263,4001.2%4.4%
Dayton, OH$121,5000.7%4.9%
Denver, CO$414,8000.5%1.9%
Detroit, MI$104,6001.8%3.7%
Fort Lauderdale, FL$269,5000.2%5.5%
Fort Worth, TX$221,5001.2%6.5%
Fresno, CA$261,5001.1%4.7%
Grand Rapids, MI$167,9000.9%7.5%
Greenville, SC$189,9000.8%16.3%
Houston, TX$213,0000.8%5.0%
Indianapolis, IN$166,9001.2%7.2%
Jacksonville, FL$224,6000.6%6.8%
Kansas City, MO$190,5000.7%4.2%
Knoxville, TN$177,1001.1%21.6%
Las Vegas, NV$280,6000.4%6.2%
Los Angeles, CA$634,6000.3%3.0%
Louisville, KY$175,4000.8%18.6%
Memphis, TN$145,9001.1%10.3%
Miami, FL$302,1000.5%4.2%
Milwaukee, WI$195,8000.2%-5.7%
Minneapolis, MN$268,9000.9%5.9%
Montgomery County, PA$321,5000.6%2.4%
Nashville, TN$266,7000.8%10.3%
New Orleans, LA$185,7000.9%12.3%
Newark, NJ$369,8000.5%11.8%
Oakland, CA$776,0000.4%0.6%
Oklahoma City, OK$152,9000.8%10.2%
Omaha, NE$180,0000.8%7.9%
Orlando, FL$238,5000.6%6.1%
Oxnard, CA$606,3000.4%1.6%
Philadelphia, PA$186,7001.7%-8.2%
Phoenix, AZ$277,1000.8%6.1%
Pittsburgh, PA$149,800-0.2%8.8%
Portland, OR$403,9000.9%3.6%
Providence, RI$298,9001.0%3.3%
Raleigh, NC$273,4000.6%6.2%
Richmond, VA$230,0001.2%4.9%
Riverside, CA$371,9000.6%3.7%
Rochester, NY$151,5001.2%7.1%
Sacramento, CA$418,0002.0%5.0%
Salt Lake City, UT$336,8000.8%6.1%
San Antonio, TX$199,8001.6%6.6%
San Diego, CA$601,8000.4%2.3%
San Francisco, CA$1,338,4000.4%-0.9%
San Jose, CA$1,181,200-0.8%-8.0%
Seattle, WA$572,3001.8%1.1%
St. Louis, MO$164,8001.3%7.3%
Tacoma, WA$367,3002.8%6.5%
Tampa, FL$223,5000.6%5.4%
Tucson, AZ$219,9001.7%9.5%
Tulsa, OK$145,4001.0%7.0%
Warren, MI$209,4001.1%0.6%
Washington, DC$396,2000.7%3.4%
West Palm Beach, FL$272,0000.4%4.2%
Worcester, MA$291,7000.7%4.2%
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Senior Data Journalist / Real Estate Analyst

Tim Ellis has been analyzing the real estate market since 2005, and worked at Redfin as a housing market analyst from 2010 through 2013 and again starting in 2018. In his free time, he runs the independently-operated Seattle-area real estate website Seattle Bubble, and produces the "Dispatches from the Multiverse" improvised comedy sci-fi podcast.

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