National and Local Housing Recovery Trends

[Indre White]

According to Realtor.com Housing market is on a recovery track post Covid-19 crisis. Miami is found to be one of most recovered markets together with Riverside, Houston, Washington DC, and Sacramento with a housing demand index between 128.5 and 143.5.

The median list price in the top 10 most and least recovered markets sat at $567,000 and $316,000 respectively on average. Among the most recovered markets for time-on-market sit Denver, Las Vegas, Jacksonville, San Francisco and Nashville, with a time on market index between 108.3 and 96.4.

*A value of 100 means the market has recovered to January 2020 pace.

Housing markets in the West and South are leading the recovery