Home Real Estate - Page 18 of 20 - Real Estate Specialists

November 6, 2022

New York City’s luxury real estate market in flux

New York City’s luxury residential authentic estate market place has everything: the country’s most high priced listing, amazing penthouses, condos loaded with features, classic brownstones, modern townhomes and chicly updated pieds-a-terre. What it does not have now is certainty. Sales cooled off in the summer (as they always do seasonally) and authentic estate professionals are anticipating an uncertain tumble owing to climbing interest fees and inflation, coupled with recession fears.

Despite prevailing macro-economic situations, prime Manhattan and Brooklyn serious estate remains a portfolio ought to-have for industry talent and electricity gamers, whilst up-and-comers and beneath-the-line customers enterprise further more out to crimson-warm Brooklyn neighborhoods like Bushwick and Bay Ridge, and outer Queens (not Staten Island just nonetheless).

Predicting wherever the current market will go up coming is hard. Caution abounds. “It’s safe to say, whichever way the current market heads, it will not be nearly as dramatic as it has been or as extraordinary as other marketplaces,” suggests Sotheby’s Global Realty’s Jeremy Stein of the Stein Team. He sees the market place as being in neutral territory, and in contrast to 2021 and early 2022, neither potential buyers nor sellers are favored. This will come following a 16-thirty day period operate that finished in May, where by “the quantity of profits was historic and epic,” states Stein. Blue- chip upscale qualities however draw fascination: His agency is symbolizing a 5,919- square-foot penthouse in SoHo’s legendary Romanesque-Revival model Puck Constructing the five-bed room, five-and-a-half bathtub penthouse with more than 2,000 sq. feet of outdoor terraces is detailed for $35 million.

“2021 was the best 12 months in history of New York City actual estate,” says Pamela Liebman, president and CEO of Corcoran, and not a 12 months to benchmark for comparison, she contends (Liebman is a highlighted realtor in Netflix’s fact skein “Buy My House”). She details out that the town is still earlier mentioned 2019 revenue numbers, even however climbing mortgage prices are now impacting product sales. Liebman has observed an enhance in desire-only loans even though the luxury section historically favors all-money buys. “There are continue to bidding wars exactly where there is a scarcity of that sort of home,” she finds, and no bargains when it arrives to chasing the desire New York condominium. However, bidding wars are not the norm across the board: only 15{0cd64a0a8f98edc6e1a333a4649a39f4fde229418ea626ab6b5ac18b9de2691d} of specials in August closed earlier mentioned record cost, claims Liebman.

“I imagine folks are hunting — if they obtain what they actually want, they are obtaining it. If there’s a whole lot of inventory in a particular selling price vary, they’ll want a deal,” Liebman provides.

Customers, she contends, can be daring sensible buyers will make the most of their energy right now.

She finds that talent is nonetheless considering getting in downtown Manhattan, preferably in “a alluring new progress.” Penthouses proceed to desire Los Angeles customers who find out the all-encompassing views and house for entertaining.

“Entertainment government-varieties are captivated to top-of-the-line, midtown condos,” she says. Corcoran reps a triplex penthouse on 3 floors overlooking Central Park at 111 W. 57^th. The 7,130-square-foot home is shown for $66 million in a boutique-sized, 60-unit developing that checks all the bins: entire assistance, a lot of facilities, privateness, sights and protection. Condos also maintain much more attractiveness to superstars and other higher-internet- well worth persons in excess of co-op buildings, as economic statements are not demanded and there are much less policies about renting, Liebman explains.

“I feel it would be an understatement to say that New York Metropolis is back: luxury renters and buyers are returning household,” finds Compass’ Carl Gambino. His knowledge: there could not be as lots of bidders on properties, but there is nonetheless a ton of activity. Calendar year-to-date, 841 residences priced at $5 million-furthermore have bought in Manhattan as a result of August, for every Compass stats. These trades of luxury and extremely-luxurious residences at $5 million-moreover and $10 million-plus increased 35.6{0cd64a0a8f98edc6e1a333a4649a39f4fde229418ea626ab6b5ac18b9de2691d} in the first 8 months of the yr, as opposed to the exact same time period past calendar year and the 1st eight months of pre-pandemic 2019, notes Gambino.

Penthouses and exceptionally properly-completed townhomes are always in-demand, he points out. He’s representing a 1919-crafted, stylishly renovated, 5-bed room, 4-and-a-50 {0cd64a0a8f98edc6e1a333a4649a39f4fde229418ea626ab6b5ac18b9de2691d} bathtub, West Village townhouse for $25 million. Jennifer Lawrence is just 1 close by high-profile West Village townhome operator. Other boldface names have flocked to the prime Brooklyn enclaves of Brooklyn Heights and Cobble Hill. “Pre-war townhouses are generally in favor,” says Abdul Muid, founder and principal of Ivey North, which specializes in Brooklyn true estate. “They are not setting up any far more of them so there’s a restricted source,” he notes of the brownstones, which are loaded with architectural details and often on tree-lined, landmarked blocks.

“A calendar year back, if a residence was priced on the button or aggressively, I acquired email messages to check out promptly,” he claims. Currently, inquiries occur far more slowly but surely, and purchasers be expecting a lot more time. “All-cash buyers are nevertheless seeking but at times wait around for a rate reduction,” Muid finds. Stock is however fairly reduced. People wanting for price propositions look at the outer edges of Brooklyn with a whole lot of activity in Flatbush, East Flatbush and Canarsie. Soon after almost 20 several years advertising serious estate, he’s not amazed by industry cycles. In the long run, “Buyers want to see a lot more certainty,” he notes.

Flexibility also arrives into play in 1 the most lively segments of the luxury sector. Douglas Elliman Realty’s Erin Boisson Aries specializes in lodge-branded residences and the best-end, quick time period rentals. The pandemic built apparent the rewards of a a lot more versatile, nomadic lifestyle. Switch-important, managed resort residences fulfill these needs. “Everybody wishes to be in New York City,” Aries claims, but not anyone requirements a principal or permanent home. “These purchasers want pampering, comfort and ease and stability,” she provides.

Aries is selling the Residences at the Ritz-Carlton, New York, where by more than 50 {0cd64a0a8f98edc6e1a333a4649a39f4fde229418ea626ab6b5ac18b9de2691d} of the 16 totally furnished penthouses have offered. Currently, a 1,848-sq.-foot, two-bedroom, two-and-a-fifty percent bathtub lists for $7.2 million. It is scarce to come across penthouses with such somewhat modest square footage at these peak that was intentional, explains Aries. The Residences were designed for people who want to manage a foothold in the city without the need of the cares and considerations of usual homeownership. “The Residences are a ideal pied-a-terre and offer incredible views with individualized features. When you go away the staff at the Ritz manages almost everything,” she states. Yet another advantage to customers: the penthouse can be set into the Ritz’s rental pool.

The industry appears to be ramping up, “We’re finding ready for a chaotic slide,” states Aries. Building a media sensation: Ryan Serhant’s listing of the $250 million, 17,545-square-foot triplex penthouse atop Central Park Tower and 1,416 feet previously mentioned the city—the optimum home in the world. Other actual estate pros are rooting for Serhant to accomplish the roughly $14,249 for every sq. foot listing cost.

Sotheby International’s Stein expects New York’s “still undervalued” current market to bounce back inside of a yr so. “2015 was the peak: we will get again there at some stage,” Stein claims, citing residential real estate’s inherently cyclical character. “New York is constantly a true estate target,” he provides. As Corcoran’s Liebman notes, the industry is reliable: “New York is one of the world’s capitals. People today even now want to have a piece of genuine estate listed here.”

November 6, 2022

Why the Ultra-Wealthy are Investing in Luxury Real Estate Right Now

By Cody and Zach Vichinsky, co-founders of Bespoke Serious Estate

With climbing inflation around the world, there is a heightened worry of a world wide economic downturn. But, as numerous first-time true estate buyers discovered in 2008, economic uncertainty spells chance for the acquisition of genuine belongings. This is most accurate in ultra-luxurious marketplaces.

As the worth of the dollar continues to be risky, we’ve observed a lot more new consumers seeking to park their cash in a reduced-possibility, luxurious asset whose probability of appreciation is greater, forged by historically wonderful surrounding neighborhoods, sprawling acreage and square footage, and newly renovated constructions.

In virtually all conditions, the worth of extremely-luxury properties appreciates. For case in point, in 2016 the common trade selling price in the Hamptons $10 million+ segment was $15.52 million so much in 2022, it’s been $19.95 million, and it may possibly continue to enhance prior to the year’s finish. Even though this ordinary selling price metric has oscillated between quarters in all markets, eventually, the normal worth of ultra-luxury qualities has enhanced in the extended term for a overall return of 28.54{0cd64a0a8f98edc6e1a333a4649a39f4fde229418ea626ab6b5ac18b9de2691d}, even with sector volatility above the yrs.

There are salacious headlines that show all marketplaces are headed for doom and gloom supplied existing macro-financial problems. It’s legitimate that curiosity costs are bigger, creating it a lot more expensive to finance a new home. It is also genuine, for all those whose $10 million+ financial investment is their main residence, putting their residence back on the industry calls for they swap it as the latest desire rates are greater than their amount from 2020 or 2021, investing a house now would be additional high-priced. As a consequence, quite a few have taken their property off the industry, leading to absorption of inventory.

In other terms, this slowdown in trade activity says nothing of demand from customers, but instead of supply. I can’t remember the past time our agency had as several eager customers prepared to spend in a $10 million+ residence with cash in hand, while we experienced so few listings to promote them.

In secondary marketplaces, drops in trade amount in comparison to 2020 and 2021 is also a sign of sector stabilization. South Florida, a nascent alpha industry before Covid, quadrupled in dimensions involving 2019 and 2021, internet hosting a enormous inflow of buyers from the northeast. The 46{0cd64a0a8f98edc6e1a333a4649a39f4fde229418ea626ab6b5ac18b9de2691d} fall in Q3 trade amount compared to the identical time previous calendar year is a indication of cooling market place velocity, which tends to guide to the maturation and sustainability in a industry cycle. In the Hamptons, the third quarter experienced a reduced amount of $10 million+ transactions at 15 trades, but finished with 20 qualities going into agreement, a suggestion that demand stays, but customers are patiently waiting around for the proper selling price to occur on the market place. While the Hamptons noticed remarkable results in 2020 and 2021, it is nonetheless extremely considerably performing strongly relative to its pre-pandemic premiums. Concerning 2016 and 2021, the normal variety of ultra-luxury houses offered for each year was 70 in 2022, we are on pace to exceed that, with 61 trades to date followed by yet another 20 in agreement and a entire fourth quarter forward of us.

Although New York Town is undoubtedly accomplishing more robust when compared to its 2020 ranges, extremely-luxurious consumers in New York Metropolis have different incentives than those people who fled to the Hamptons or South Florida all through Covid. Now smart money consumers are biding their time, eager to wait around on a house and what they perceive as fair-current market worth. Bidding wars have subsided from all markets above the past two a long time. Buyers’ endurance is very best shown with the substantial range of income we noticed in the 3rd quarter of $40 million+ qualities, which manufactured up 22{0cd64a0a8f98edc6e1a333a4649a39f4fde229418ea626ab6b5ac18b9de2691d} of all $10 million+ revenue, in contrast to their historical ordinary of 13{0cd64a0a8f98edc6e1a333a4649a39f4fde229418ea626ab6b5ac18b9de2691d}. As the biggest and most high-priced cost phase, the couple of discerning customers capable to trade on $40 million+ have identified honest market place price via capitalizing on patience and market place volatility. Like in the $40 million+ segment, anticipations concerning sellers and consumers throughout the total ultra-luxury market have to align for the amount of gross sales to return to steadiness.

The metropolis also noticed record-high prices of new advancement trades previous quarter. Development of ultra-luxurious homes soared in 2020 and 2021 as developers geared up for people’s eventual return to the city, with new growth profits outperforming any one quarter in the past 3 a long time. So considerably this yr, they composed 39{0cd64a0a8f98edc6e1a333a4649a39f4fde229418ea626ab6b5ac18b9de2691d} of all $10 million+ trades, in comparison to an ordinary of about 18{0cd64a0a8f98edc6e1a333a4649a39f4fde229418ea626ab6b5ac18b9de2691d} in other decades, indicating ongoing desire for high-quality stock.

There’s under no circumstances been extra liquidity on the buyers’ side for quality authentic estate, but that liquidity is smarter than it has at any time been. Even though prospective buyers are eager to pay out truthful value when high quality stock will become readily available, sellers’ selling price anticipations are starting off to align with buyers’ notion of value as we head into the new yr, making extremely-luxurious much more attractive than ever.

The views and thoughts expressed herein are the views and views of the creator and do not essentially replicate these of Nasdaq, Inc.

November 6, 2022

Why Montana Has Become a Magnet for Luxury Real Estate Buyers

Long a haven for experience seekers and outdoor lovers, Montana is experiencing newfound acceptance in the pandemic period thanks to its ample area, abundance of contemporary air, and pristine pure magnificence. As a outcome, the true estate market has skyrocketed, with the median dwelling value jumping to $500,000—nearly double what it was in 2020. Even further amplifying the trend is what some brokers have dubbed the “Yellowstone influence,” a reference to the hit Television set drama in which Kevin Costner performs a dutiful cattle rancher in the point out. “We simply cannot preserve up with desire,” says Charlotte Durham of Major Sky Sotheby’s Global Realty.

Bigfork’s Stone Creek Camp sits on the shore of Flathead Lake and is priced at $20 million with Revel Authentic Estate. Photograph: Heidi Lengthy/Longviews Studio

In fact, Montana was a person of the several areas to notch populace increases in 2020 and 2021, with the majority of new occupants relocating from California, Washington, and Colorado. Even media baron Rupert Murdoch got in on the action, not too long ago splashing out a file $200 million for a sprawling home in the southwest corner of the condition. “Lately, I’ve observed a slowdown from the frenzy of the past pair of a long time,” adds Durham.

The Major Sky True Estate Co. a short while ago outlined this $16.5 million compound in Gallatin Gateway. Picture: Zakara Photography

These types of a dip, nonetheless slight, offers future potential buyers an opening into what has develop into a single of the country’s most popular housing marketplaces. Among the the buzziest parts is the aptly named Big Sky, a scenic spot just outdoors Yellowstone Countrywide Park that boasts private residential communities these kinds of as the unique Yellowstone Club (the only non-public ski and golf club in the planet) and Spanish Peaks Mountain Club, as perfectly as luxurious resorts Montage Big Sky and A single&Only Moonlight Basin. “The Large Sky community was ready for an inflow of citizens,” suggests Martha Johnson, vice president of product sales and founding broker of the boutique Huge Sky Serious Estate Co., noting the current advancement of city-center features as properly as a wealth of trails, fly-fishing spots, and environment-course ski slopes. “We also have sophisticated infrastructure like underground fiber-optic strains that make it straightforward to get the job done from residence.”

This 502-acre ranch in A few Forks is on the sector for $12.9 million with Big Sky Sotheby’s Worldwide Realty. Picture: Val Westover

The affordability issue is particularly acute in popular spots such as Bozeman, Kalispell, Missoula, Paradise Valley, and Whitefish. “But given that we are this kind of a large condition, several of our rural spots have not been as impacted by the market as people incredibly hot places,” states Durham, who indicates the major surprise isn’t sticker shock but how simple it is to acclimatize to Montana’s cold winters. “Of all the people that I have assisted transfer, I’ve not had a single particular person or relatives say they created a rash choice,” she suggests. “People just really like it in this article.”

A edition of this report initially appeared in print in our 2022 Drop Difficulty underneath the headline “Big Sky Bliss.” Subscribe to the journal.

Protect: A $25 million lakefront residence in Kila, on the market by means of Glacier Sotheby’s International Realty.

Image: Gravityshots for Glacier Sotheby’s International Fact

November 6, 2022

NYC’s most over-the-top luxury real estate trends of 2022

New York’s luxury real estate market continues to soar higher. So what do you get for all those millions? From converted churches to elaborate curving staircases inside supertall skyscrapers, these are a few of the posh property trends behind today’s hautest homes.

Living on a prayer

The lingering work-from-home lifestyle is good news for the owners of converted churches in upstate New York. “Churches make excellent live-work spaces, which are now in high demand,” James Male of House Hudson Valley Realty tells Alexa. He’s listing 73-79 N. Second St. in Hudson, otherwise known as the Hudson Abbey Building — a 1933 church that’s been meticulously transformed by a series of uber-creative owners.

“It was owned by a Chinese artist who shipped over some of his art and motorcycles but never did much with the space,” Male says of the $2.87 million property. “After that, it was owned by a couple who created a chocolate factory in the basement and lived upstairs. The current owner did most of the design work and used it as an event space.”

Interior of 73-79 N. Second St. in Hudson — Holy Rollers: Former upstate New York churches, like the ones at 73-79 N. Second St. in Hudson are being converted to homes.

Currently the church, which sits on a bluff overlooking the Hudson, has one bedroom and three bathrooms spread over an incredible 8,000 square feet.

The original chapel is now a modern, art-filled living room, with a massive glass barn door and tons of light.

In the neighboring town of Rifton, a church dating back to 1876 at 1883 Route 213 St. has seen an especially stunning transformation. The four-bedroom, four-bathroom, 4,356-square-foot structure, which is currently asking $2.49 million, previously served as a town hall and even the batiment canards for a local duck farm, according to listing agent Angelica Ferguson of Four Seasons Sotheby’s International Realty.

Exterior of 1883 Route 213 St. — In Rifton, 1883 Route 213 St. is currently asking $2.49 million.

“The owner made it his dream home and did amazing things, like a complete structural restoration that preserved as much of the original details as possible,” says Ferguson. “All the floors are original, and he repurposed a ton of the salvaged wood from different parts of the building and turned it into staircases and the mantel over the fireplace.”

Those looking to put their own stamp on a property should head just down the road to Rosedale, where a Gothic-style church is on the market at 398 Main St. The three-bedroom, five-bathroom, 7,600-square-foot former Rosendale Reformed Church was originally built in 1896 and has served as the Volunteer Firemen’s Association, a glass studio, an event hall and a gathering place for artists. While it has cozy living quarters, it could also be tricked out into a truly bohemian playpen. It’s asking $1.5 million with Petra Heist of Berkshire Hathaway HomeServices Nutshell Realty. See you in church.

Stairway to heaven

Interior of a unit at 176 Perry St. — Richard Meier designed the modern floating stairs inside this five-bedroom apartment at 176 Perry St., asking $38.9 million.

Stepping up is getting easier in Manhattan’s best buildings. “People appreciate points of architectural interest that make an apartment feel unique,” says Deborah Grubman of Corcoran Group. “A very graceful floating staircase is a perfect example.”

Grubman is marketing two luxe properties that feature very different examples of this feat of engineering: the triplex penthouse atop One Madison at 23 E. 22nd St. and the triplex apartment, No. 10S, at 176 Perry St. “They’re both beautiful, and perfectly designed so that they never feel awkward to walk up.”

The curvaceous, wood-clad floating stairs at One Madison were created by renowned residential architect J.L. Ramirez in an almost yacht-like vernacular. It’s the centerpiece of the five-bedroom, six-bathroom, 6,850-square-foot spread, which is asking $58 million.

Interior of Central Park Tower's penthouse. — The sky-high penthouse at Central Park Tower comes with a gravity-defying staircase — and a $250 million price tag.

Meanwhile, the tightly spiraled, all-white, Richard Meier-designed floating stairs on Perry Street seem ripped out of a contemporary art museum. That five-bedroom, five-bathroom, 11,000-square-foot mansion is asking $38.9 million.

But perhaps the biggest, baddest steps out there belong to the biggest, baddest unit on the market. Last month the penthouse of the supertall skyscraper Central Park Tower — which claims to be “the highest residence in the world” — hit the market for a record-breaking $250 million. The sprawling 17,545-square-foot, seven-bedroom, eight-bathroom palace is anchored by a massive floating staircase that undulates up three stories, kissing a landing here and a column there. Created by Adrian Smith + Gordon Gill Architecture, the white-oak stairs are surrounded by glass sides and glass windows so that they “glow pink and purple in the sunset and amber yellow in the morning,” notes Loy Carlos of Serhant, who is listing the unit with the firm’s founder Ryan Serhant. “You can put a floating staircase in the middle of any room and rather than an obstruction, it becomes a piece of art that changes from every angle you look at it.”

Thinking outside the box

Interior of 1 Sutton Place’s minimalist penthouse. — Provocative art — and a block-long terrace — make a splash at 1 Sutton Place’s minimalist penthouse, listed for $37.5 million.

If you thought white-box luxury was getting mundane, there’s good news: Visionary designers are still creating bold apartments that are truly one of one. Guests arriving at the five-bedroom, six-bathroom penthouse of 1 Sutton Place are greeted by an enormous orange breast sculpture in the foyer. The all-white, symmetrical living room could almost be a lost Stanley Kubrick set. A stunning, otherworldly minimalism compliments art, art and more art throughout the 2,850-square-foot apartment. “The owner is a clothing designer and a true minimalist. She did a lot of the interior design herself,” says Tal Alexander, who is listing the apartment for $37.5 million, noting that it also boasts an outdoor terrace that runs for a full city block.

Interior of the Marquand penthouse. — Marquand Condominium’s triplex penthouse is listing for $33.5 million.

Meanwhile, the owners of the triplex perched at the top of the Marquand Condominium at 11 E. 68th St. created an equally distinctive abode using a darker pallet of African Saint Laurent marble — a black marble with lightning strikes of white and tan — as well as brown and black woods offset with pops of white and warm color. There’s even a Fritz Lang “Metropolis”-esque silver robot sculpture in the kitchen. The five-bedroom, four-bathroom, 6,189-square-foot apartment is listed for $33.5 million with Madeline Hult Elghanayan of Douglas Elliman. “The owners did the interior design work and this is their personal masterpiece,” Elghanayan tells Alexa, noting that many of the furnishings are custom and could also be included in the sale. “They were inspired by Peter Marino’s Dior store in Paris. It was raw space when they bought it and it took years to realize.”

Over in Chelsea, along the High Line, the owners of unit No. 4 at 521 W. 23rd St. tapped the award-winning design firm Gabellini Sheppard to turn their blank palette loft space into an airy, streamlined wonderland that flirts with the dividing line between art gallery and residence. You’ll find no tchotchkes here, just clean lines, huge walls, lots of light and stand-out decor. There’s a Swarovski crystal-encrusted Blossom Chandelier designed by Tord Boontje, a Bubinga wood dining table crafted by Miya Shoji, a George Nakashima-designed handwoven wool rug from Nepal and, of course, scads of contemporary art — all included in the $11.5 million sale.

Ernie Goldberg and Darren Kearns of Corcoran have the listings.

5 questions with broker and Bravo star Ryan Serhant

Ryan Serhant (inset), founder of Serhant. agency, is listing the penthouse of Central Park Tower for $250 million.

You recently listed the penthouse of Central Park Tower for $250 million — a NYC record. How will you sell it? A listing like this is the most personal kind of sale. If you have a $1 million listing, you can put it on the internet. A $250 million listing needs the precision of a heart surgeon and the creativity of an ad exec. It involves significant personal outreach, tapping into the most extensive network and creative exposure to engage the wealthiest buyers around the globe. It’s not easy. In 2020, you launched your own brokerage, Serhant.

Why? In 2017, I became the No. 1-selling real estate team in the history of New York. I had hit every achievement I wanted. But I always say, “I didn’t come this far to just come this far.” Launching my own brokerage was a mix of having new goals for myself, wanting to tackle more challenges professionally, and seeing a big opportunity.

Can you explain how Serhant. is changing the game? We are the most-followed real estate brand in the world across all social channels. We did over $1 billion in total sales volume last year and are on track to double that this year, and we did it through the influence and power of social media, which makes the “old guard” uncomfortable. Serhant. Studios was the first-ever in-house, full-service film studio dedicated to cinematic content for property listings and we have a digital education arm, Sell It Like Serhant, that has 12,000 enrollees across 110 countries. Most people outside of the biz know you from “Million Dollar Listing New York,” but you actually started your career as a soap actor.

Do real estate and acting have anything in common? They do, and I wrote a book on this: “Sell It Like Serhant.” My POV is that the muscles you use to be insightful and strong at sales are the same as the muscles you use to be empathetic and intuitive as an actor. To sell is to be human.

What keeps you so pumped? These days, I have too many people who depend on me. I can’t let them down now! We have a killer team of agents and content producers and engineers and marketers and they’re all doing amazing things. There’s a higher purpose — we all have a healthy disregard for the status quo, we are focused on the future, and we are all in it together. The potential of what we can create and the team keep me motivated now.

November 6, 2022

5 houses for sale in the Twin Cities starting at $290K

5 houses for sale in the Twin Cities starting at 0K

view of home with brick exterior — 6808 Blaisdell Ave. Photo courtesy of Chris Mosier

This week’s Hot Homes collection includes a mix of styles, from an industrial loft to more traditional charmers.

2929 Chicago Ave. #909 — $289,999

Why we love it: Located inside the historic Midtown Exchange, this gleaming loft boasts exposed ceilings, concrete floors and eye-catching accent walls.

Location: Midtown Phillips (Minneapolis)
Specs: 2 bedrooms, 2 bathrooms, 1,482 square feet
Listed by: Kelly McGovern at eXp Realty
Features: Two underground parking spaces, quartz kitchen island, stainless steel appliances, rooftop, fitness center and other shared amenities.

large living area with industrial design elements and accent walls — Photo: Spacecrafting, courtesy of Kelly McGovern

modern kitchen that faces living area and has modern appliances and island — Photo: Spacecrafting, courtesy of Kelly McGovern

dining nook with brick accent wall and modern light fixture — Photo: Spacecrafting, courtesy of Kelly McGovern

408 Brimhall St. — $316,000

Why we love it: This elegant bungalow boasts original woodwork, cozy nooks and is just steps away from neighborhood eateries.

Location: Macalester-Groveland (St. Paul)
Specs: 2 bedrooms, 1 bathroom, 1,204 square feet
Listed by: Julie Gould and Samantha Marks at RE/MAX Advantage Plus
Features: Detached two-car garage, partially finished basement with office space, hardwood floors, stainless steel appliances, front porch, built-ins.

exterior of light colored bungalow with enclosed porch — Photo: Boulevard Real Estate Photography, courtesy of Julie Gould

living area with view of dining area and built ins — Photo: Boulevard Real Estate Photography, courtesy of Julie Gould

traditional kitchen with newer appliances and lots of woodwork — Photo: Boulevard Real Estate Photography, courtesy of Julie Gould

6808 Blaisdell Ave. — $379,900

Why we love it: Delight humans and dogs alike in this updated home’s lush backyard, featuring a spacious deck and ample hangout space.

Location: Richfield
Specs: 4 bedrooms, 2 bathrooms, 1,810 square feet
Listed by: Chris Mosier at Coldwell Banker Realty
Features: Detached one-car garage, partially finished basement, original hardwood floors, easy access to I-494 and the Mall of America.

exterior of home with stone facade and chimney — Photo courtesy of Chris Mosier

modern living area with stone fireplace and large windows — Photo courtesy of Chris Mosier

updated kitchen with doors that open to backyard — Photo courtesy of Chris Mosier

spacious backyard with fence and deck — Photo courtesy of Chris Mosier

1795 Sargent Ave. — $450,000

Why we love it: Situated on a tree-lined block in Tangletown, this sunny two-story home offers vintage charm and plentiful updates throughout.

Location: Macalester-Groveland (St. Paul)
Specs: 4 bedrooms, 3 bathrooms, 1,873 square feet
Listed by: Abby Willaert at Edina Realty, Inc.
Features: Detached two-car garage, finished basement, stainless steel appliances, many newer windows, located near Grand Avenue and Groveland Park.

white home with enclosed front porch and green trim — Photo: Spacecrafting, courtesy of Abby Willaert

sunny living area with view of dining area — Photo: Spacecrafting, courtesy of Abby Willaert

updated kitchen with eat-in space and windows — Photo: Spacecrafting, courtesy of Abby Willaert

3216 30th Ave. S. — $585,000

Why we love it: With open living spaces and a big kitchen island, this modern abode is ideal for entertaining.

Location: Longfellow (Minneapolis)
Specs: 3 bedrooms, 2 bathrooms, 1,909 square feet
Listed by: Yvonne Hanson at RE/MAX Results
Features: Detached two-car garage, unfinished basement, office space, owner’s suite with walk-in closet and soaking tub, hardwood floors, front porch.

exterior of grey home with front porch and wood columns — Photo: Peter Crouser Photography, courtesy of Yvonne Hanson

open concept living and dining area with view of kitchen — Photo: Peter Crouser Photography, courtesy of Yvonne Hanson

modern kitchen with butcher block island and built in shelving — Photo: Peter Crouser Photography, courtesy of Yvonne Hanson

🌱

Support local journalism by becoming a member.

Learn more

More Twin Cities stories

No stories could be found

Get a free daily digest of the most important news in your backyard with Axios Twin Cities.

🌱

Support local journalism by becoming a member.

Learn more

November 6, 2022

Number of Homes For Sale Surpasses 2020 Levels

In October, the national inventory of active listings grew 33.5{0cd64a0a8f98edc6e1a333a4649a39f4fde229418ea626ab6b5ac18b9de2691d} year-over-year to a two-year high; affordability challenges continued to drive home shopper interest in relocating in Q3

SANTA CLARA, Calif., Nov. 3, 2022 /PRNewswire/ — The U.S. supply of for-sale homes hit a milestone on the road to recovery from the shortage of the past two years in October, as active listings soared 33.5{0cd64a0a8f98edc6e1a333a4649a39f4fde229418ea626ab6b5ac18b9de2691d} year-over-year to the highest level since 2020, according to the Realtor.com^® Monthly Housing Trends Report released today. However, October data suggests that fewer home shoppers could afford to take advantage of the rise in available inventory, with time on market continuing to climb amid still-high listing prices.

“As the rapid runup in rates reshapes housing market dynamics this fall, both buyers and sellers are taking a step back to recalibrate their plans. Home shoppers are looking at a monthly mortgage payment that is roughly $1,000 higher than at this time last year, and incomes are rising but not by that much. Combined with asking prices that are still climbing at a double-digit yearly pace, the average American has taken a huge hit to their homebuying power,” said Danielle Hale, Chief Economist for Realtor.com^®. “Still, our data indicates that some aspiring homeowners are finding ways to make the most of inventory conditions, such as by exploring relatively affordable metros. For buyers with the flexibility, relocating to a lower-priced market could help offset higher mortgage costs. There’s also a takeaway for sellers in these areas – on a well-priced home, you could still see strong interest from these out-of-towners.”

October 2022 Housing Metrics – National

Metric	Change over Oct. 2021	Change over Oct. 2020	Change over Oct. 2019
Median listing price	13.3{0cd64a0a8f98edc6e1a333a4649a39f4fde229418ea626ab6b5ac18b9de2691d} (to $425,000)	21.8 {0cd64a0a8f98edc6e1a333a4649a39f4fde229418ea626ab6b5ac18b9de2691d}	37.1 {0cd64a0a8f98edc6e1a333a4649a39f4fde229418ea626ab6b5ac18b9de2691d}
Active listings	33.5 {0cd64a0a8f98edc6e1a333a4649a39f4fde229418ea626ab6b5ac18b9de2691d}	2.8 {0cd64a0a8f98edc6e1a333a4649a39f4fde229418ea626ab6b5ac18b9de2691d}	-37.6 {0cd64a0a8f98edc6e1a333a4649a39f4fde229418ea626ab6b5ac18b9de2691d}
New listings	-15.9 {0cd64a0a8f98edc6e1a333a4649a39f4fde229418ea626ab6b5ac18b9de2691d}	-23.1 {0cd64a0a8f98edc6e1a333a4649a39f4fde229418ea626ab6b5ac18b9de2691d}	-16.3 {0cd64a0a8f98edc6e1a333a4649a39f4fde229418ea626ab6b5ac18b9de2691d}
Median days on market	6 days (to 51 days)	5 days	-18 days
Share of active listings with price reductions	10.3 percentage points (to 20.9{0cd64a0a8f98edc6e1a333a4649a39f4fde229418ea626ab6b5ac18b9de2691d})	10.7 percentage points (from 10.2{0cd64a0a8f98edc6e1a333a4649a39f4fde229418ea626ab6b5ac18b9de2691d} in 2020)	3.9 percentage points (from 17.0{0cd64a0a8f98edc6e1a333a4649a39f4fde229418ea626ab6b5ac18b9de2691d} in 2019)

Inventory recovery accelerates amid higher rates and moderating demand

In October, the U.S. supply of active listings grew at a record-fast^¹ annual pace and surpassed 2020 levels for the first time, even as new sellers declined year-over-year for the fifth consecutive month. Additionally, pending listings, or homes under contract with a buyer, continued to drop. These trends indicate that October’s accelerated inventory improvements were largely due to moderating buyer demand, fueled by mortgage costs that are rising at a faster pace than inflation and incomes. While some softening in seller participation is typical in the fall, this year’s significant new listings declines reflect the impact of home shoppers’ diminished buying power on seller sentiment. However, sellers may still see strong buyer competition for fewer options in some regions, with inventory still lagging October 2020 levels in the Northeast and Midwest, regions where home sales declines have also been more modest.

Nationally, active inventory grew 33.5{0cd64a0a8f98edc6e1a333a4649a39f4fde229418ea626ab6b5ac18b9de2691d} year-over-year in October, reaching the highest level in 24 months. Meanwhile, both newly-listed homes (-15.9{0cd64a0a8f98edc6e1a333a4649a39f4fde229418ea626ab6b5ac18b9de2691d}) and pending listings (-30.0{0cd64a0a8f98edc6e1a333a4649a39f4fde229418ea626ab6b5ac18b9de2691d}) declined year-over-year.
Among the 50 largest U.S. metros, 42 markets posted yearly active inventory gains in October, led by Phoenix (+173.9{0cd64a0a8f98edc6e1a333a4649a39f4fde229418ea626ab6b5ac18b9de2691d}), Raleigh, N.C. (+167.4{0cd64a0a8f98edc6e1a333a4649a39f4fde229418ea626ab6b5ac18b9de2691d}) and Nashville, Tenn. (+145.0{0cd64a0a8f98edc6e1a333a4649a39f4fde229418ea626ab6b5ac18b9de2691d}). The number of for-sale homes was still down year-over-year in the remaining eight markets, by the largest amounts in Hartford, Conn. (-25.7{0cd64a0a8f98edc6e1a333a4649a39f4fde229418ea626ab6b5ac18b9de2691d}), Virginia Beach, Va. (-11.0{0cd64a0a8f98edc6e1a333a4649a39f4fde229418ea626ab6b5ac18b9de2691d}) Milwaukee (-9.6{0cd64a0a8f98edc6e1a333a4649a39f4fde229418ea626ab6b5ac18b9de2691d}) and Chicago (-9.6{0cd64a0a8f98edc6e1a333a4649a39f4fde229418ea626ab6b5ac18b9de2691d}).
On average across the 50 largest metros, no regions saw year-over-year new listing increases in October, with the greatest declines registered in the West (-20.6{0cd64a0a8f98edc6e1a333a4649a39f4fde229418ea626ab6b5ac18b9de2691d}), followed by the Northeast (-17.4{0cd64a0a8f98edc6e1a333a4649a39f4fde229418ea626ab6b5ac18b9de2691d}), Midwest (-15.0{0cd64a0a8f98edc6e1a333a4649a39f4fde229418ea626ab6b5ac18b9de2691d}) and South (-9.8{0cd64a0a8f98edc6e1a333a4649a39f4fde229418ea626ab6b5ac18b9de2691d}). Furthermore, newly-listed homes increased in just four markets: Nashville, Tenn. (+10.5{0cd64a0a8f98edc6e1a333a4649a39f4fde229418ea626ab6b5ac18b9de2691d}), New Orleans (+6.2{0cd64a0a8f98edc6e1a333a4649a39f4fde229418ea626ab6b5ac18b9de2691d}), Dallas (+5.6{0cd64a0a8f98edc6e1a333a4649a39f4fde229418ea626ab6b5ac18b9de2691d}) and San Antonio (+1.4{0cd64a0a8f98edc6e1a333a4649a39f4fde229418ea626ab6b5ac18b9de2691d}).
Compared to October 2020, active inventory was higher in 32 of the 50 biggest markets, led by western (+33.9{0cd64a0a8f98edc6e1a333a4649a39f4fde229418ea626ab6b5ac18b9de2691d}) and southern metros (+7.2{0cd64a0a8f98edc6e1a333a4649a39f4fde229418ea626ab6b5ac18b9de2691d}): Phoenix (+132.0{0cd64a0a8f98edc6e1a333a4649a39f4fde229418ea626ab6b5ac18b9de2691d}), Austin, Texas (+120.8{0cd64a0a8f98edc6e1a333a4649a39f4fde229418ea626ab6b5ac18b9de2691d}), Riverside, Calif. (+67.2{0cd64a0a8f98edc6e1a333a4649a39f4fde229418ea626ab6b5ac18b9de2691d}), Memphis, Tenn. (+59.7{0cd64a0a8f98edc6e1a333a4649a39f4fde229418ea626ab6b5ac18b9de2691d}) and Nashville (+55.7{0cd64a0a8f98edc6e1a333a4649a39f4fde229418ea626ab6b5ac18b9de2691d}). Inventory remained lower than two years ago in the Northeast (-21.1{0cd64a0a8f98edc6e1a333a4649a39f4fde229418ea626ab6b5ac18b9de2691d}) and Midwest (-7.9{0cd64a0a8f98edc6e1a333a4649a39f4fde229418ea626ab6b5ac18b9de2691d}).

Competition stalls as home listing prices and time on market hold steady

With home sales activity declining along with affordability in October, national trends reflected a market in which competition continued at a cooler pace than during this year’s summer peak. However, compared to last month, there was little change in both listing prices and time on market. This may be partly attributed to regional variations in supply and demand dynamics, with still-strong home shopper interest in relatively affordable markets balancing out the slowdown in other areas. In the Midwest and Northeast, where buyers saw relatively smaller inventory improvements in October, time on market and the share of homes with price reductions posted smaller year-over-year increases than in other regions.

In October, national listing price trends were relatively unchanged from the prior month, with the median listing price dipping just $2,000 to $425,000. Additionally, annual home listing price growth decelerated just slightly, to 13.3{0cd64a0a8f98edc6e1a333a4649a39f4fde229418ea626ab6b5ac18b9de2691d} from 13.9{0cd64a0a8f98edc6e1a333a4649a39f4fde229418ea626ab6b5ac18b9de2691d} in September.
On average across the 50 largest U.S. metros, yearly listing price growth entered single-digit territory in October (+9.2{0cd64a0a8f98edc6e1a333a4649a39f4fde229418ea626ab6b5ac18b9de2691d}). However, for-sale home prices continued to rise by double-digits year-over-year in 20 markets, led by Milwaukee (+34.5{0cd64a0a8f98edc6e1a333a4649a39f4fde229418ea626ab6b5ac18b9de2691d}), Miami (+25.1{0cd64a0a8f98edc6e1a333a4649a39f4fde229418ea626ab6b5ac18b9de2691d}) and Kansas City (+21.4{0cd64a0a8f98edc6e1a333a4649a39f4fde229418ea626ab6b5ac18b9de2691d}).
The share of homes with price reductions was up 10.3 percentage points to 20.9{0cd64a0a8f98edc6e1a333a4649a39f4fde229418ea626ab6b5ac18b9de2691d} in October, well above 2017 (18.1{0cd64a0a8f98edc6e1a333a4649a39f4fde229418ea626ab6b5ac18b9de2691d}) and 2019 (17.0{0cd64a0a8f98edc6e1a333a4649a39f4fde229418ea626ab6b5ac18b9de2691d}) levels, but just under the 2018 share (21.2{0cd64a0a8f98edc6e1a333a4649a39f4fde229418ea626ab6b5ac18b9de2691d}). Western (+18.9 percentage points) and southern metros (+13.6 percentage points) posted the greatest increases in the share of price reductions: Phoenix (+35.9 percentage points), Austin (+31.2 percentage points) and Las Vegas (+24.4 percentage points).
The typical home spent 51 days on the market in October, six days more than last year, but still 20 days faster than the typical 2017-2019 pace. The metros where homes spent longest on the market compared to October 2021 were Raleigh (+27 days), Austin (+26 days), Phoenix (+21 days) and Las Vegas (+21 days).
Time on market declined year-over-year in October in 10 of the 50 largest metros, led by New Orleans (-21 days), where last year’s pace was impacted by Hurricane Ida, followed by Richmond, Va. (-15 days) and Birmingham, Ala. (-6 days).

Spotlight On: Higher housing costs fuel demand from out-of-town home shoppers

Similar to October’s for-sale housing trends, the Realtor.com^® Q3 Cross-Market Demand Report also released today highlights regional variations in homebuying activity. With rising rates pushing the typical monthly mortgage payment up 77.1{0cd64a0a8f98edc6e1a333a4649a39f4fde229418ea626ab6b5ac18b9de2691d} in October compared to a year ago, some buyers are potentially trying to add room in their budgets by searching further from where they live for lower-priced homes.

Nationwide in Q3 2022, 60.7{0cd64a0a8f98edc6e1a333a4649a39f4fde229418ea626ab6b5ac18b9de2691d} of listings views on Realtor.com^® came from users located outside of the listing’s metro, compared to 56.9{0cd64a0a8f98edc6e1a333a4649a39f4fde229418ea626ab6b5ac18b9de2691d} during the prior quarter and 52.1{0cd64a0a8f98edc6e1a333a4649a39f4fde229418ea626ab6b5ac18b9de2691d} at the same time last year. Regionally, northeastern (69.0{0cd64a0a8f98edc6e1a333a4649a39f4fde229418ea626ab6b5ac18b9de2691d}) and western (65.7{0cd64a0a8f98edc6e1a333a4649a39f4fde229418ea626ab6b5ac18b9de2691d}) home shoppers were most likely to search out-of-market in Q3. This may be attributed to buyers looking for relative affordability, as October median listing prices were higher across large metros in the Northeast ($440,000) and West ($763,000) than in other regions, on average.

Q3 & October 2022 Housing Metrics – Regional*

Region	Q3 2022 Share of Outbound Views to Other Metros Y-Y (Percentage Points)	Oct. 2022 Median Listing Price YoY	Oct. 2022 Active Listing Count YoY	Oct. 2022 New Listing Count YoY	Oct. 2022 Median Days on Market Y-Y (Days)	Oct. 2022 Price Reduced Share Y-Y (Percentage Points)
Midwest	9.7 pp (to 57.0{0cd64a0a8f98edc6e1a333a4649a39f4fde229418ea626ab6b5ac18b9de2691d})	12.9{0cd64a0a8f98edc6e1a333a4649a39f4fde229418ea626ab6b5ac18b9de2691d} (to $321,000)	12.4 {0cd64a0a8f98edc6e1a333a4649a39f4fde229418ea626ab6b5ac18b9de2691d}	-15.0 {0cd64a0a8f98edc6e1a333a4649a39f4fde229418ea626ab6b5ac18b9de2691d}	2 days	6.8 pp
Northeast	17.1 pp (to 69.0{0cd64a0a8f98edc6e1a333a4649a39f4fde229418ea626ab6b5ac18b9de2691d})	8.1{0cd64a0a8f98edc6e1a333a4649a39f4fde229418ea626ab6b5ac18b9de2691d} (to $440,000)	-1.2 {0cd64a0a8f98edc6e1a333a4649a39f4fde229418ea626ab6b5ac18b9de2691d}	-17.4 {0cd64a0a8f98edc6e1a333a4649a39f4fde229418ea626ab6b5ac18b9de2691d}	3 days	4.1 pp
South	3.8 pp (to 54.1{0cd64a0a8f98edc6e1a333a4649a39f4fde229418ea626ab6b5ac18b9de2691d})	10.0{0cd64a0a8f98edc6e1a333a4649a39f4fde229418ea626ab6b5ac18b9de2691d} (to $401,000)	69.9 {0cd64a0a8f98edc6e1a333a4649a39f4fde229418ea626ab6b5ac18b9de2691d}	-9.8 {0cd64a0a8f98edc6e1a333a4649a39f4fde229418ea626ab6b5ac18b9de2691d}	6 days	13.6 pp
West	4.4 pp (to 65.7{0cd64a0a8f98edc6e1a333a4649a39f4fde229418ea626ab6b5ac18b9de2691d})	5.0{0cd64a0a8f98edc6e1a333a4649a39f4fde229418ea626ab6b5ac18b9de2691d} (to $762,000)	72.1 {0cd64a0a8f98edc6e1a333a4649a39f4fde229418ea626ab6b5ac18b9de2691d}	-20.6 {0cd64a0a8f98edc6e1a333a4649a39f4fde229418ea626ab6b5ac18b9de2691d}	11 days	18.9 pp

*Note: Regional Q3 2022 Cross-Market Demand metrics include all metros across the U.S. 50 States and District of Columbia. Regional October 2022 housing metrics reflect the combined average of the 50 largest U.S. metro areas.

October 2022 Housing Metrics – 50 Largest U.S. Metro Areas

Metro Area	Median Listing Price	Median Listing Price YoY	Median Listing Price per Sq. Ft. YoY	Active Listing Count YoY	New Listing Count YoY	Median Days on Market	Median Days on Market Y-Y (Days)	Price Reduced Share	Price Reduced Share Y-Y (Percentage Points)
Atlanta-Sandy Springs-Roswell, Ga.	$412,000	4.8 {0cd64a0a8f98edc6e1a333a4649a39f4fde229418ea626ab6b5ac18b9de2691d}	5.2 {0cd64a0a8f98edc6e1a333a4649a39f4fde229418ea626ab6b5ac18b9de2691d}	60.0 {0cd64a0a8f98edc6e1a333a4649a39f4fde229418ea626ab6b5ac18b9de2691d}	-11.9 {0cd64a0a8f98edc6e1a333a4649a39f4fde229418ea626ab6b5ac18b9de2691d}	45	-1	24.8 {0cd64a0a8f98edc6e1a333a4649a39f4fde229418ea626ab6b5ac18b9de2691d}	16.9 pp
Austin-Round Rock, Texas	$550,000	0.0 {0cd64a0a8f98edc6e1a333a4649a39f4fde229418ea626ab6b5ac18b9de2691d}	1.3 {0cd64a0a8f98edc6e1a333a4649a39f4fde229418ea626ab6b5ac18b9de2691d}	135.9 {0cd64a0a8f98edc6e1a333a4649a39f4fde229418ea626ab6b5ac18b9de2691d}	-4.8 {0cd64a0a8f98edc6e1a333a4649a39f4fde229418ea626ab6b5ac18b9de2691d}	57	26	47.3 {0cd64a0a8f98edc6e1a333a4649a39f4fde229418ea626ab6b5ac18b9de2691d}	31.2 pp
Baltimore-Columbia-Towson, Md.	$342,000	5.3 {0cd64a0a8f98edc6e1a333a4649a39f4fde229418ea626ab6b5ac18b9de2691d}	5.6 {0cd64a0a8f98edc6e1a333a4649a39f4fde229418ea626ab6b5ac18b9de2691d}	-0.3 {0cd64a0a8f98edc6e1a333a4649a39f4fde229418ea626ab6b5ac18b9de2691d}	-24.5 {0cd64a0a8f98edc6e1a333a4649a39f4fde229418ea626ab6b5ac18b9de2691d}	43	3	18.1 {0cd64a0a8f98edc6e1a333a4649a39f4fde229418ea626ab6b5ac18b9de2691d}	4.9 pp
Birmingham-Hoover, Ala.	$280,000	-1.8 {0cd64a0a8f98edc6e1a333a4649a39f4fde229418ea626ab6b5ac18b9de2691d}	6.5 {0cd64a0a8f98edc6e1a333a4649a39f4fde229418ea626ab6b5ac18b9de2691d}	45.4 {0cd64a0a8f98edc6e1a333a4649a39f4fde229418ea626ab6b5ac18b9de2691d}	-9.5 {0cd64a0a8f98edc6e1a333a4649a39f4fde229418ea626ab6b5ac18b9de2691d}	47	-6	17.9 {0cd64a0a8f98edc6e1a333a4649a39f4fde229418ea626ab6b5ac18b9de2691d}	10.6 pp
Boston-Cambridge-Newton, Mass.-N.H.	$745,000	10.4 {0cd64a0a8f98edc6e1a333a4649a39f4fde229418ea626ab6b5ac18b9de2691d}	3.2 {0cd64a0a8f98edc6e1a333a4649a39f4fde229418ea626ab6b5ac18b9de2691d}	5.0 {0cd64a0a8f98edc6e1a333a4649a39f4fde229418ea626ab6b5ac18b9de2691d}	-15.2 {0cd64a0a8f98edc6e1a333a4649a39f4fde229418ea626ab6b5ac18b9de2691d}	32	2	22.4 {0cd64a0a8f98edc6e1a333a4649a39f4fde229418ea626ab6b5ac18b9de2691d}	8 pp
Buffalo-Cheektowaga-Niagara Falls, N.Y.	$240,000	6.6 {0cd64a0a8f98edc6e1a333a4649a39f4fde229418ea626ab6b5ac18b9de2691d}	7.2 {0cd64a0a8f98edc6e1a333a4649a39f4fde229418ea626ab6b5ac18b9de2691d}	9.8 {0cd64a0a8f98edc6e1a333a4649a39f4fde229418ea626ab6b5ac18b9de2691d}	-13.7 {0cd64a0a8f98edc6e1a333a4649a39f4fde229418ea626ab6b5ac18b9de2691d}	53	3	10.3 {0cd64a0a8f98edc6e1a333a4649a39f4fde229418ea626ab6b5ac18b9de2691d}	3.7 pp
Charlotte-Concord-Gastonia, N.C.-S.C.	$415,000	5.0 {0cd64a0a8f98edc6e1a333a4649a39f4fde229418ea626ab6b5ac18b9de2691d}	9.6 {0cd64a0a8f98edc6e1a333a4649a39f4fde229418ea626ab6b5ac18b9de2691d}	72.4 {0cd64a0a8f98edc6e1a333a4649a39f4fde229418ea626ab6b5ac18b9de2691d}	-19.0 {0cd64a0a8f98edc6e1a333a4649a39f4fde229418ea626ab6b5ac18b9de2691d}	45	13	23.9 {0cd64a0a8f98edc6e1a333a4649a39f4fde229418ea626ab6b5ac18b9de2691d}	12.7 pp
Chicago-Naperville-Elgin, Ill.-Ind.-Wis.	$340,000	3.3 {0cd64a0a8f98edc6e1a333a4649a39f4fde229418ea626ab6b5ac18b9de2691d}	0.4 {0cd64a0a8f98edc6e1a333a4649a39f4fde229418ea626ab6b5ac18b9de2691d}	-9.6 {0cd64a0a8f98edc6e1a333a4649a39f4fde229418ea626ab6b5ac18b9de2691d}	-16.8 {0cd64a0a8f98edc6e1a333a4649a39f4fde229418ea626ab6b5ac18b9de2691d}	40	-2	17.0 {0cd64a0a8f98edc6e1a333a4649a39f4fde229418ea626ab6b5ac18b9de2691d}	3.8 pp
Cincinnati, Ohio-Ky.-Ind.	$323,000	7.7 {0cd64a0a8f98edc6e1a333a4649a39f4fde229418ea626ab6b5ac18b9de2691d}	4.5 {0cd64a0a8f98edc6e1a333a4649a39f4fde229418ea626ab6b5ac18b9de2691d}	1.2 {0cd64a0a8f98edc6e1a333a4649a39f4fde229418ea626ab6b5ac18b9de2691d}	-10.4 {0cd64a0a8f98edc6e1a333a4649a39f4fde229418ea626ab6b5ac18b9de2691d}	36	-2	15.4 {0cd64a0a8f98edc6e1a333a4649a39f4fde229418ea626ab6b5ac18b9de2691d}	4.1 pp
Cleveland-Elyria, Ohio	$210,000	10.5 {0cd64a0a8f98edc6e1a333a4649a39f4fde229418ea626ab6b5ac18b9de2691d}	7.8 {0cd64a0a8f98edc6e1a333a4649a39f4fde229418ea626ab6b5ac18b9de2691d}	8.4 {0cd64a0a8f98edc6e1a333a4649a39f4fde229418ea626ab6b5ac18b9de2691d}	-18.4 {0cd64a0a8f98edc6e1a333a4649a39f4fde229418ea626ab6b5ac18b9de2691d}	47	3	18.3 {0cd64a0a8f98edc6e1a333a4649a39f4fde229418ea626ab6b5ac18b9de2691d}	6 pp
Columbus, Ohio	$339,000	16.9 {0cd64a0a8f98edc6e1a333a4649a39f4fde229418ea626ab6b5ac18b9de2691d}	9.6 {0cd64a0a8f98edc6e1a333a4649a39f4fde229418ea626ab6b5ac18b9de2691d}	21.7 {0cd64a0a8f98edc6e1a333a4649a39f4fde229418ea626ab6b5ac18b9de2691d}	-13.8 {0cd64a0a8f98edc6e1a333a4649a39f4fde229418ea626ab6b5ac18b9de2691d}	32	3	24.5 {0cd64a0a8f98edc6e1a333a4649a39f4fde229418ea626ab6b5ac18b9de2691d}	10.7 pp
Dallas-Fort Worth-Arlington, Texas	$450,000	12.8 {0cd64a0a8f98edc6e1a333a4649a39f4fde229418ea626ab6b5ac18b9de2691d}	9.9 {0cd64a0a8f98edc6e1a333a4649a39f4fde229418ea626ab6b5ac18b9de2691d}	110.5 {0cd64a0a8f98edc6e1a333a4649a39f4fde229418ea626ab6b5ac18b9de2691d}	5.6 {0cd64a0a8f98edc6e1a333a4649a39f4fde229418ea626ab6b5ac18b9de2691d}	45	8	29.0 {0cd64a0a8f98edc6e1a333a4649a39f4fde229418ea626ab6b5ac18b9de2691d}	19.7 pp
Denver-Aurora-Lakewood, Colo.	$620,000	1.6 {0cd64a0a8f98edc6e1a333a4649a39f4fde229418ea626ab6b5ac18b9de2691d}	0.7 {0cd64a0a8f98edc6e1a333a4649a39f4fde229418ea626ab6b5ac18b9de2691d}	83.4 {0cd64a0a8f98edc6e1a333a4649a39f4fde229418ea626ab6b5ac18b9de2691d}	-17.8 {0cd64a0a8f98edc6e1a333a4649a39f4fde229418ea626ab6b5ac18b9de2691d}	37	13	35.5 {0cd64a0a8f98edc6e1a333a4649a39f4fde229418ea626ab6b5ac18b9de2691d}	23.7 pp
Detroit-Warren-Dearborn, Mich.	$250,000	2.9 {0cd64a0a8f98edc6e1a333a4649a39f4fde229418ea626ab6b5ac18b9de2691d}	3.3 {0cd64a0a8f98edc6e1a333a4649a39f4fde229418ea626ab6b5ac18b9de2691d}	25.0 {0cd64a0a8f98edc6e1a333a4649a39f4fde229418ea626ab6b5ac18b9de2691d}	-10.4 {0cd64a0a8f98edc6e1a333a4649a39f4fde229418ea626ab6b5ac18b9de2691d}	41	8	24.4 {0cd64a0a8f98edc6e1a333a4649a39f4fde229418ea626ab6b5ac18b9de2691d}	7.7 pp
Hartford-West Hartford-East Hartford, Conn.	$375,000	13.7 {0cd64a0a8f98edc6e1a333a4649a39f4fde229418ea626ab6b5ac18b9de2691d}	3.7 {0cd64a0a8f98edc6e1a333a4649a39f4fde229418ea626ab6b5ac18b9de2691d}	-25.7 {0cd64a0a8f98edc6e1a333a4649a39f4fde229418ea626ab6b5ac18b9de2691d}	-24.5 {0cd64a0a8f98edc6e1a333a4649a39f4fde229418ea626ab6b5ac18b9de2691d}	36	-2	10.8 {0cd64a0a8f98edc6e1a333a4649a39f4fde229418ea626ab6b5ac18b9de2691d}	1.1 pp
Houston-The Woodlands-Sugar Land, Texas	$369,000	2.5 {0cd64a0a8f98edc6e1a333a4649a39f4fde229418ea626ab6b5ac18b9de2691d}	5.0 {0cd64a0a8f98edc6e1a333a4649a39f4fde229418ea626ab6b5ac18b9de2691d}	33.0 {0cd64a0a8f98edc6e1a333a4649a39f4fde229418ea626ab6b5ac18b9de2691d}	-2.5 {0cd64a0a8f98edc6e1a333a4649a39f4fde229418ea626ab6b5ac18b9de2691d}	49	-4	23.2 {0cd64a0a8f98edc6e1a333a4649a39f4fde229418ea626ab6b5ac18b9de2691d}	10.9 pp
Indianapolis-Carmel-Anderson, Ind.	$300,000	9.1 {0cd64a0a8f98edc6e1a333a4649a39f4fde229418ea626ab6b5ac18b9de2691d}	10.6 {0cd64a0a8f98edc6e1a333a4649a39f4fde229418ea626ab6b5ac18b9de2691d}	51.5 {0cd64a0a8f98edc6e1a333a4649a39f4fde229418ea626ab6b5ac18b9de2691d}	-12.9 {0cd64a0a8f98edc6e1a333a4649a39f4fde229418ea626ab6b5ac18b9de2691d}	42	4	24.7 {0cd64a0a8f98edc6e1a333a4649a39f4fde229418ea626ab6b5ac18b9de2691d}	12.8 pp
Jacksonville, Fla.	$400,000	12.7 {0cd64a0a8f98edc6e1a333a4649a39f4fde229418ea626ab6b5ac18b9de2691d}	13.8 {0cd64a0a8f98edc6e1a333a4649a39f4fde229418ea626ab6b5ac18b9de2691d}	89.4 {0cd64a0a8f98edc6e1a333a4649a39f4fde229418ea626ab6b5ac18b9de2691d}	-14.9 {0cd64a0a8f98edc6e1a333a4649a39f4fde229418ea626ab6b5ac18b9de2691d}	54	15	24.0 {0cd64a0a8f98edc6e1a333a4649a39f4fde229418ea626ab6b5ac18b9de2691d}	14.5 pp
Kansas City, Mo.-Kan.	$388,000	21.4 {0cd64a0a8f98edc6e1a333a4649a39f4fde229418ea626ab6b5ac18b9de2691d}	13.0 {0cd64a0a8f98edc6e1a333a4649a39f4fde229418ea626ab6b5ac18b9de2691d}	40.2 {0cd64a0a8f98edc6e1a333a4649a39f4fde229418ea626ab6b5ac18b9de2691d}	-16.2 {0cd64a0a8f98edc6e1a333a4649a39f4fde229418ea626ab6b5ac18b9de2691d}	55	7	18.2 {0cd64a0a8f98edc6e1a333a4649a39f4fde229418ea626ab6b5ac18b9de2691d}	8.7 pp
Las Vegas-Henderson-Paradise, Nev.	$450,000	2.3 {0cd64a0a8f98edc6e1a333a4649a39f4fde229418ea626ab6b5ac18b9de2691d}	7.9 {0cd64a0a8f98edc6e1a333a4649a39f4fde229418ea626ab6b5ac18b9de2691d}	89.0 {0cd64a0a8f98edc6e1a333a4649a39f4fde229418ea626ab6b5ac18b9de2691d}	-4.3 {0cd64a0a8f98edc6e1a333a4649a39f4fde229418ea626ab6b5ac18b9de2691d}	54	21	37.9 {0cd64a0a8f98edc6e1a333a4649a39f4fde229418ea626ab6b5ac18b9de2691d}	24.4 pp
Los Angeles-Long Beach-Anaheim, Calif.	$940,000	1.6 {0cd64a0a8f98edc6e1a333a4649a39f4fde229418ea626ab6b5ac18b9de2691d}	4.5 {0cd64a0a8f98edc6e1a333a4649a39f4fde229418ea626ab6b5ac18b9de2691d}	44.7 {0cd64a0a8f98edc6e1a333a4649a39f4fde229418ea626ab6b5ac18b9de2691d}	-22.6 {0cd64a0a8f98edc6e1a333a4649a39f4fde229418ea626ab6b5ac18b9de2691d}	49	10	20.2 {0cd64a0a8f98edc6e1a333a4649a39f4fde229418ea626ab6b5ac18b9de2691d}	12.9 pp
Louisville/Jefferson County, Ky.-Ind.	$300,000	15.6 {0cd64a0a8f98edc6e1a333a4649a39f4fde229418ea626ab6b5ac18b9de2691d}	6.6 {0cd64a0a8f98edc6e1a333a4649a39f4fde229418ea626ab6b5ac18b9de2691d}	15.6 {0cd64a0a8f98edc6e1a333a4649a39f4fde229418ea626ab6b5ac18b9de2691d}	-19.2 {0cd64a0a8f98edc6e1a333a4649a39f4fde229418ea626ab6b5ac18b9de2691d}	37	7	21.6 {0cd64a0a8f98edc6e1a333a4649a39f4fde229418ea626ab6b5ac18b9de2691d}	8.7 pp
Memphis, Tenn.-Miss.-Ark.	$320,000	20.7 {0cd64a0a8f98edc6e1a333a4649a39f4fde229418ea626ab6b5ac18b9de2691d}	20.6 {0cd64a0a8f98edc6e1a333a4649a39f4fde229418ea626ab6b5ac18b9de2691d}	92.9 {0cd64a0a8f98edc6e1a333a4649a39f4fde229418ea626ab6b5ac18b9de2691d}	-7.2 {0cd64a0a8f98edc6e1a333a4649a39f4fde229418ea626ab6b5ac18b9de2691d}	46	12	20.0 {0cd64a0a8f98edc6e1a333a4649a39f4fde229418ea626ab6b5ac18b9de2691d}	12.6 pp
Miami-Fort Lauderdale-West Palm Beach, Fla.	$599,000	25.1 {0cd64a0a8f98edc6e1a333a4649a39f4fde229418ea626ab6b5ac18b9de2691d}	13.2 {0cd64a0a8f98edc6e1a333a4649a39f4fde229418ea626ab6b5ac18b9de2691d}	22.4 {0cd64a0a8f98edc6e1a333a4649a39f4fde229418ea626ab6b5ac18b9de2691d}	-11.8 {0cd64a0a8f98edc6e1a333a4649a39f4fde229418ea626ab6b5ac18b9de2691d}	61	0	16.2 {0cd64a0a8f98edc6e1a333a4649a39f4fde229418ea626ab6b5ac18b9de2691d}	9.4 pp
Milwaukee-Waukesha-West Allis, Wis.	$370,000	34.5 {0cd64a0a8f98edc6e1a333a4649a39f4fde229418ea626ab6b5ac18b9de2691d}	17.2 {0cd64a0a8f98edc6e1a333a4649a39f4fde229418ea626ab6b5ac18b9de2691d}	-9.6 {0cd64a0a8f98edc6e1a333a4649a39f4fde229418ea626ab6b5ac18b9de2691d}	-21.1 {0cd64a0a8f98edc6e1a333a4649a39f4fde229418ea626ab6b5ac18b9de2691d}	37	-5	18.5 {0cd64a0a8f98edc6e1a333a4649a39f4fde229418ea626ab6b5ac18b9de2691d}	1.6 pp
Minneapolis-St. Paul-Bloomington, Minn.-Wis.	$405,000	15.7 {0cd64a0a8f98edc6e1a333a4649a39f4fde229418ea626ab6b5ac18b9de2691d}	6.9 {0cd64a0a8f98edc6e1a333a4649a39f4fde229418ea626ab6b5ac18b9de2691d}	-2.4 {0cd64a0a8f98edc6e1a333a4649a39f4fde229418ea626ab6b5ac18b9de2691d}	-17.7 {0cd64a0a8f98edc6e1a333a4649a39f4fde229418ea626ab6b5ac18b9de2691d}	39	2	20.7 {0cd64a0a8f98edc6e1a333a4649a39f4fde229418ea626ab6b5ac18b9de2691d}	8.6 pp
Nashville-Davidson–Murfreesboro–Franklin, Tenn.	$525,000	15.4 {0cd64a0a8f98edc6e1a333a4649a39f4fde229418ea626ab6b5ac18b9de2691d}	10.3 {0cd64a0a8f98edc6e1a333a4649a39f4fde229418ea626ab6b5ac18b9de2691d}	145.0 {0cd64a0a8f98edc6e1a333a4649a39f4fde229418ea626ab6b5ac18b9de2691d}	10.5 {0cd64a0a8f98edc6e1a333a4649a39f4fde229418ea626ab6b5ac18b9de2691d}	31	11	28.2 {0cd64a0a8f98edc6e1a333a4649a39f4fde229418ea626ab6b5ac18b9de2691d}	18.2 pp
New Orleans-Metairie, La.	$329,000	-3.1 {0cd64a0a8f98edc6e1a333a4649a39f4fde229418ea626ab6b5ac18b9de2691d}	-2.6 {0cd64a0a8f98edc6e1a333a4649a39f4fde229418ea626ab6b5ac18b9de2691d}	75.8 {0cd64a0a8f98edc6e1a333a4649a39f4fde229418ea626ab6b5ac18b9de2691d}	6.2 {0cd64a0a8f98edc6e1a333a4649a39f4fde229418ea626ab6b5ac18b9de2691d}	60	-21	22.6 {0cd64a0a8f98edc6e1a333a4649a39f4fde229418ea626ab6b5ac18b9de2691d}	12.9 pp
New York-Newark-Jersey City, N.Y.-N.J.-Pa.	$670,000	8.8 {0cd64a0a8f98edc6e1a333a4649a39f4fde229418ea626ab6b5ac18b9de2691d}	10.4 {0cd64a0a8f98edc6e1a333a4649a39f4fde229418ea626ab6b5ac18b9de2691d}	-7.9 {0cd64a0a8f98edc6e1a333a4649a39f4fde229418ea626ab6b5ac18b9de2691d}	-18.6 {0cd64a0a8f98edc6e1a333a4649a39f4fde229418ea626ab6b5ac18b9de2691d}	64	3	11.8 {0cd64a0a8f98edc6e1a333a4649a39f4fde229418ea626ab6b5ac18b9de2691d}	2.9 pp
Oklahoma City, Okla.	$320,000	16.5 {0cd64a0a8f98edc6e1a333a4649a39f4fde229418ea626ab6b5ac18b9de2691d}	11.2 {0cd64a0a8f98edc6e1a333a4649a39f4fde229418ea626ab6b5ac18b9de2691d}	53.4 {0cd64a0a8f98edc6e1a333a4649a39f4fde229418ea626ab6b5ac18b9de2691d}	-26.4 {0cd64a0a8f98edc6e1a333a4649a39f4fde229418ea626ab6b5ac18b9de2691d}	48	5	19.3 {0cd64a0a8f98edc6e1a333a4649a39f4fde229418ea626ab6b5ac18b9de2691d}	10.4 pp
Orlando-Kissimmee-Sanford, Fla.	$445,000	14.1 {0cd64a0a8f98edc6e1a333a4649a39f4fde229418ea626ab6b5ac18b9de2691d}	16.4 {0cd64a0a8f98edc6e1a333a4649a39f4fde229418ea626ab6b5ac18b9de2691d}	79.6 {0cd64a0a8f98edc6e1a333a4649a39f4fde229418ea626ab6b5ac18b9de2691d}	-13.7 {0cd64a0a8f98edc6e1a333a4649a39f4fde229418ea626ab6b5ac18b9de2691d}	57	16	21.5 {0cd64a0a8f98edc6e1a333a4649a39f4fde229418ea626ab6b5ac18b9de2691d}	12.4 pp
Philadelphia-Camden-Wilmington, Pa.-N.J.-Del.-Md.	$335,000	4.7 {0cd64a0a8f98edc6e1a333a4649a39f4fde229418ea626ab6b5ac18b9de2691d}	6.1 {0cd64a0a8f98edc6e1a333a4649a39f4fde229418ea626ab6b5ac18b9de2691d}	4.3 {0cd64a0a8f98edc6e1a333a4649a39f4fde229418ea626ab6b5ac18b9de2691d}	-17.4 {0cd64a0a8f98edc6e1a333a4649a39f4fde229418ea626ab6b5ac18b9de2691d}	51	2	18.0 {0cd64a0a8f98edc6e1a333a4649a39f4fde229418ea626ab6b5ac18b9de2691d}	5 pp
Phoenix-Mesa-Scottsdale, Ariz.	$485,000	0.8 {0cd64a0a8f98edc6e1a333a4649a39f4fde229418ea626ab6b5ac18b9de2691d}	5.9 {0cd64a0a8f98edc6e1a333a4649a39f4fde229418ea626ab6b5ac18b9de2691d}	173.9 {0cd64a0a8f98edc6e1a333a4649a39f4fde229418ea626ab6b5ac18b9de2691d}	-15.6 {0cd64a0a8f98edc6e1a333a4649a39f4fde229418ea626ab6b5ac18b9de2691d}	51	21	46.3 {0cd64a0a8f98edc6e1a333a4649a39f4fde229418ea626ab6b5ac18b9de2691d}	35.9 pp
Pittsburgh, Pa.	$220,000	-2.3 {0cd64a0a8f98edc6e1a333a4649a39f4fde229418ea626ab6b5ac18b9de2691d}	-2.1 {0cd64a0a8f98edc6e1a333a4649a39f4fde229418ea626ab6b5ac18b9de2691d}	8.1 {0cd64a0a8f98edc6e1a333a4649a39f4fde229418ea626ab6b5ac18b9de2691d}	-9.0 {0cd64a0a8f98edc6e1a333a4649a39f4fde229418ea626ab6b5ac18b9de2691d}	54	4	21.3 {0cd64a0a8f98edc6e1a333a4649a39f4fde229418ea626ab6b5ac18b9de2691d}	5.5 pp
Portland-Vancouver-Hillsboro, Ore.-Wash.	$580,000	5.4 {0cd64a0a8f98edc6e1a333a4649a39f4fde229418ea626ab6b5ac18b9de2691d}	5.1 {0cd64a0a8f98edc6e1a333a4649a39f4fde229418ea626ab6b5ac18b9de2691d}	49.5 {0cd64a0a8f98edc6e1a333a4649a39f4fde229418ea626ab6b5ac18b9de2691d}	-23.4 {0cd64a0a8f98edc6e1a333a4649a39f4fde229418ea626ab6b5ac18b9de2691d}	45	2	25.5 {0cd64a0a8f98edc6e1a333a4649a39f4fde229418ea626ab6b5ac18b9de2691d}	9.1 pp
Providence-Warwick, R.I.-Mass.	$470,000	6.8 {0cd64a0a8f98edc6e1a333a4649a39f4fde229418ea626ab6b5ac18b9de2691d}	7.6 {0cd64a0a8f98edc6e1a333a4649a39f4fde229418ea626ab6b5ac18b9de2691d}	-4.0 {0cd64a0a8f98edc6e1a333a4649a39f4fde229418ea626ab6b5ac18b9de2691d}	-25.1 {0cd64a0a8f98edc6e1a333a4649a39f4fde229418ea626ab6b5ac18b9de2691d}	37	8	12.8 {0cd64a0a8f98edc6e1a333a4649a39f4fde229418ea626ab6b5ac18b9de2691d}	3.7 pp
Raleigh, N.C.	$453,000	6.5 {0cd64a0a8f98edc6e1a333a4649a39f4fde229418ea626ab6b5ac18b9de2691d}	8.0 {0cd64a0a8f98edc6e1a333a4649a39f4fde229418ea626ab6b5ac18b9de2691d}	167.4 {0cd64a0a8f98edc6e1a333a4649a39f4fde229418ea626ab6b5ac18b9de2691d}	-8.6 {0cd64a0a8f98edc6e1a333a4649a39f4fde229418ea626ab6b5ac18b9de2691d}	48	27	27.1 {0cd64a0a8f98edc6e1a333a4649a39f4fde229418ea626ab6b5ac18b9de2691d}	19.9 pp
Richmond, Va.	$380,000	8.5 {0cd64a0a8f98edc6e1a333a4649a39f4fde229418ea626ab6b5ac18b9de2691d}	9.4 {0cd64a0a8f98edc6e1a333a4649a39f4fde229418ea626ab6b5ac18b9de2691d}	12.5 {0cd64a0a8f98edc6e1a333a4649a39f4fde229418ea626ab6b5ac18b9de2691d}	-22.1 {0cd64a0a8f98edc6e1a333a4649a39f4fde229418ea626ab6b5ac18b9de2691d}	43	-15	14.0 {0cd64a0a8f98edc6e1a333a4649a39f4fde229418ea626ab6b5ac18b9de2691d}	6.8 pp
Riverside-San Bernardino-Ontario, Calif.	$575,000	4.7 {0cd64a0a8f98edc6e1a333a4649a39f4fde229418ea626ab6b5ac18b9de2691d}	10.3 {0cd64a0a8f98edc6e1a333a4649a39f4fde229418ea626ab6b5ac18b9de2691d}	79.6 {0cd64a0a8f98edc6e1a333a4649a39f4fde229418ea626ab6b5ac18b9de2691d}	-18.2 {0cd64a0a8f98edc6e1a333a4649a39f4fde229418ea626ab6b5ac18b9de2691d}	54	17	25.5 {0cd64a0a8f98edc6e1a333a4649a39f4fde229418ea626ab6b5ac18b9de2691d}	17 pp
Rochester, N.Y.	$225,000	7.2 {0cd64a0a8f98edc6e1a333a4649a39f4fde229418ea626ab6b5ac18b9de2691d}	10.3 {0cd64a0a8f98edc6e1a333a4649a39f4fde229418ea626ab6b5ac18b9de2691d}	1.4 {0cd64a0a8f98edc6e1a333a4649a39f4fde229418ea626ab6b5ac18b9de2691d}	-14.1 {0cd64a0a8f98edc6e1a333a4649a39f4fde229418ea626ab6b5ac18b9de2691d}	25	2	12.7 {0cd64a0a8f98edc6e1a333a4649a39f4fde229418ea626ab6b5ac18b9de2691d}	1.5 pp
Sacramento–Roseville–Arden-Arcade, Calif.	$599,000	0.8 {0cd64a0a8f98edc6e1a333a4649a39f4fde229418ea626ab6b5ac18b9de2691d}	2.0 {0cd64a0a8f98edc6e1a333a4649a39f4fde229418ea626ab6b5ac18b9de2691d}	49.5 {0cd64a0a8f98edc6e1a333a4649a39f4fde229418ea626ab6b5ac18b9de2691d}	-29.7 {0cd64a0a8f98edc6e1a333a4649a39f4fde229418ea626ab6b5ac18b9de2691d}	47	14	30.3 {0cd64a0a8f98edc6e1a333a4649a39f4fde229418ea626ab6b5ac18b9de2691d}	19 pp
San Antonio-New Braunfels, Texas	$355,000	6.6 {0cd64a0a8f98edc6e1a333a4649a39f4fde229418ea626ab6b5ac18b9de2691d}	7.3 {0cd64a0a8f98edc6e1a333a4649a39f4fde229418ea626ab6b5ac18b9de2691d}	80.1 {0cd64a0a8f98edc6e1a333a4649a39f4fde229418ea626ab6b5ac18b9de2691d}	1.4 {0cd64a0a8f98edc6e1a333a4649a39f4fde229418ea626ab6b5ac18b9de2691d}	54	10	24.9 {0cd64a0a8f98edc6e1a333a4649a39f4fde229418ea626ab6b5ac18b9de2691d}	13.8 pp
San Diego-Carlsbad, Calif.	$890,000	7.9 {0cd64a0a8f98edc6e1a333a4649a39f4fde229418ea626ab6b5ac18b9de2691d}	9.2 {0cd64a0a8f98edc6e1a333a4649a39f4fde229418ea626ab6b5ac18b9de2691d}	61.4 {0cd64a0a8f98edc6e1a333a4649a39f4fde229418ea626ab6b5ac18b9de2691d}	-16.4 {0cd64a0a8f98edc6e1a333a4649a39f4fde229418ea626ab6b5ac18b9de2691d}	40	5	25.8 {0cd64a0a8f98edc6e1a333a4649a39f4fde229418ea626ab6b5ac18b9de2691d}	18 pp
San Francisco-Oakland-Hayward, Calif.	$1,089,000	9.4 {0cd64a0a8f98edc6e1a333a4649a39f4fde229418ea626ab6b5ac18b9de2691d}	1.9 {0cd64a0a8f98edc6e1a333a4649a39f4fde229418ea626ab6b5ac18b9de2691d}	31.7 {0cd64a0a8f98edc6e1a333a4649a39f4fde229418ea626ab6b5ac18b9de2691d}	-29.4 {0cd64a0a8f98edc6e1a333a4649a39f4fde229418ea626ab6b5ac18b9de2691d}	38	8	22.0 {0cd64a0a8f98edc6e1a333a4649a39f4fde229418ea626ab6b5ac18b9de2691d}	14.8 pp
San Jose-Sunnyvale-Santa Clara, Calif.	$1,399,000	9.7 {0cd64a0a8f98edc6e1a333a4649a39f4fde229418ea626ab6b5ac18b9de2691d}	4.7 {0cd64a0a8f98edc6e1a333a4649a39f4fde229418ea626ab6b5ac18b9de2691d}	28.8 {0cd64a0a8f98edc6e1a333a4649a39f4fde229418ea626ab6b5ac18b9de2691d}	-36.1 {0cd64a0a8f98edc6e1a333a4649a39f4fde229418ea626ab6b5ac18b9de2691d}	37	0	20.0 {0cd64a0a8f98edc6e1a333a4649a39f4fde229418ea626ab6b5ac18b9de2691d}	14.3 pp
Seattle-Tacoma-Bellevue, Wash.	$750,000	11.1 {0cd64a0a8f98edc6e1a333a4649a39f4fde229418ea626ab6b5ac18b9de2691d}	6.7 {0cd64a0a8f98edc6e1a333a4649a39f4fde229418ea626ab6b5ac18b9de2691d}	101.5 {0cd64a0a8f98edc6e1a333a4649a39f4fde229418ea626ab6b5ac18b9de2691d}	-13.7 {0cd64a0a8f98edc6e1a333a4649a39f4fde229418ea626ab6b5ac18b9de2691d}	39	6	26.4 {0cd64a0a8f98edc6e1a333a4649a39f4fde229418ea626ab6b5ac18b9de2691d}	18.6 pp
St. Louis, Mo.-Ill.	$276,000	14.8 {0cd64a0a8f98edc6e1a333a4649a39f4fde229418ea626ab6b5ac18b9de2691d}	7.7 {0cd64a0a8f98edc6e1a333a4649a39f4fde229418ea626ab6b5ac18b9de2691d}	6.1 {0cd64a0a8f98edc6e1a333a4649a39f4fde229418ea626ab6b5ac18b9de2691d}	-9.7 {0cd64a0a8f98edc6e1a333a4649a39f4fde229418ea626ab6b5ac18b9de2691d}	44	-1	16.5 {0cd64a0a8f98edc6e1a333a4649a39f4fde229418ea626ab6b5ac18b9de2691d}	5.8 pp
Tampa-St. Petersburg-Clearwater, Fla.	$425,000	13.3 {0cd64a0a8f98edc6e1a333a4649a39f4fde229418ea626ab6b5ac18b9de2691d}	10.2 {0cd64a0a8f98edc6e1a333a4649a39f4fde229418ea626ab6b5ac18b9de2691d}	118.2 {0cd64a0a8f98edc6e1a333a4649a39f4fde229418ea626ab6b5ac18b9de2691d}	-4.4 {0cd64a0a8f98edc6e1a333a4649a39f4fde229418ea626ab6b5ac18b9de2691d}	51	15	26.8 {0cd64a0a8f98edc6e1a333a4649a39f4fde229418ea626ab6b5ac18b9de2691d}	17.2 pp
Virginia Beach-Norfolk-Newport News, Va.-N.C.	$360,000	19.8 {0cd64a0a8f98edc6e1a333a4649a39f4fde229418ea626ab6b5ac18b9de2691d}	9.1 {0cd64a0a8f98edc6e1a333a4649a39f4fde229418ea626ab6b5ac18b9de2691d}	-11.0 {0cd64a0a8f98edc6e1a333a4649a39f4fde229418ea626ab6b5ac18b9de2691d}	-19.4 {0cd64a0a8f98edc6e1a333a4649a39f4fde229418ea626ab6b5ac18b9de2691d}	38	5	19.7 {0cd64a0a8f98edc6e1a333a4649a39f4fde229418ea626ab6b5ac18b9de2691d}	7.7 pp
Washington-Arlington-Alexandria, DC-Va.-Md.-W. Va.	$574,000	13.7 {0cd64a0a8f98edc6e1a333a4649a39f4fde229418ea626ab6b5ac18b9de2691d}	-0.2 {0cd64a0a8f98edc6e1a333a4649a39f4fde229418ea626ab6b5ac18b9de2691d}	3.4 {0cd64a0a8f98edc6e1a333a4649a39f4fde229418ea626ab6b5ac18b9de2691d}	-18.8 {0cd64a0a8f98edc6e1a333a4649a39f4fde229418ea626ab6b5ac18b9de2691d}	37	2	19.3 {0cd64a0a8f98edc6e1a333a4649a39f4fde229418ea626ab6b5ac18b9de2691d}	6.3 pp

Methodology

Realtor.com^® housing data as of October 2022. Listings include the active inventory of existing single-family homes and condos/townhomes/rowhomes/co-ops for the given level of geography; new construction is excluded unless listed via an MLS. Realtor.com^® data history goes back to July 2016. 50 largest U.S. metropolitan areas as defined by the Office of Management and Budget (OMB).

Q3 2022 Cross-Market Demand Report: Analyzes views of for-sale listings on Realtor.com^®. Share of outbound views (i.e. out-of-metro views, out-of-market views) are quoted as percentage of views originating from home metros or states to other metros or states. Note: The Q3 analysis focuses on domestic views from metro areas only, and thus the percent of out-of-metro views will not match previously-published reports/releases in which international and non-metro views were included.

About Realtor.com^®

Realtor.com^® is an open real estate marketplace built for everyone. Realtor.com^® pioneered the world of digital real estate more than 25 years ago. Today, through its website and mobile apps, Realtor.com^® is a trusted guide for consumers, empowering more people to find their way home by breaking down barriers, helping them make the right connections, and creating confidence through expert insights and guidance. For professionals, Realtor.com^® is a trusted partner for business growth, offering consumer connections and branding solutions that help them succeed in today’s on-demand world. Realtor.com^® is operated by News Corp [Nasdaq: NWS, NWSA] [ASX: NWS, NWSLV] subsidiary Move, Inc. For more information, visit Realtor.com^® .

Media Contact
[email protected]

^¹Based on Realtor.com^® monthly data history since July 2017.

SOURCE Realtor.com