2017 Closed with Strong Home Price Growth, Up 7 Percent in December
2017 home sales increased 1.7 percent over 2016, while prices gained 7.0 percent. The median 2017 sale price was $284,500.
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 Alina2017 home sales increased 1.7 percent over 2016, while prices gained 7.0 percent. The median 2017 sale price was $284,500.
Nineteen of the top 25 were in the Seattle area. The rest were in San Jose, Boston and Denver.
National home prices rose 7.8 percent in November as inventory declined 12.8 percent
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Home price growth was strong in October, up 7.1 percent compared to a year ago to a national median sale price of $288,000 across the markets Redfin serves. Sales were essentially unchanged from October of last year, down 0.1 percent. Home sales have declined year over year for the past four months. “Despite strong buyer
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