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Updated over 6 years ago,

Account Closed
  • Specialist
  • Paradise Valley, AZ
2,933
Votes |
3,447
Posts

Housing Prices Stagnant & Dropping - Yes, It CAN happen - and is

Account Closed
  • Specialist
  • Paradise Valley, AZ
Posted
From Trulia            

,

Home listing prices are flat in these 10 markets — is the housing boom finally cooling?

In six of the nation’s 100 largest housing markets, the median listing price has remained unchanged or dropped from 2017 levels, according to research from real-estate website Trulia. And in another four markets, the median listing price has risen by less than 1% year over year.

Housing markets where median listing prices have not risen
Metro AreaMedian Listing Price1-year change in median listing price
San Antonio, Texas$269,499-5.4%
Austin, Texas$336,995-3.4%
Honolulu$630,000-1.4%
Camden, N.J.$174,9000%
Milwaukee, Wis.$229,9000%
Sacramento, Calif.$429,0000%
Houston$299,5200.4%
Dallas-Ft. Worth$356,9990.5%
Sarasota, Fla.$332,2450.7%
Denver$453,9900.9%

For some of the markets where median listing prices decreased or stagnated, such as Honolulu or Sarasota, Fla., this change appears to be indicative of stabilization after a long bull run in these local housing markets, Trulia noted. The median listing price has risen 21% in Sarasota and nearly 18% in Honolulu since March 2015.

https://www.trulia.com/blog/trends/10-markets-pric...

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