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U.S. states and D.C. by median home price, February 2024 (in February 2024 dollars) [1] State rank State or territory Median home price in US$ 1 Hawaii: $839,013 2 California: $765,197 — District of Columbia: $610,548 3 Massachusetts: $596,410 4 Washington: $575,894 5 Colorado: $539,151 6 Utah: $509,433 7 New Jersey: $503,432 8 Oregon: $487,244 9
The average sale price in San Jose was $1.50 million in April 2024, up 12.9% from the year before. San Francisco ($1.13 million), Los Angeles ($926,000), San Diego ($876,000) and Oxnard ($845,000 ...
It pointed to the median home sale price, which rose 4% from a year earlier to $442,525 in June, and the average 30-year fixed mortgage rate, which was 6.92%. Sellers even cut their prices, but it ...
In June, Redfin data showed median home sale prices hit an all-time high of $442,525 after rising 4% year over year. But the month also saw the highest share of price cuts, 20%, with many ...
New home prices are generally higher than those of previously owned homes. In September, sales of new construction jumped 12.3% from August, with the median sales price coming in at $418,000.
To make matters worse, the median existing-home sales price rose 4.4% from December 2022 to $382,600, marking the sixth consecutive month of year-over-year price increases.
Homes sold: Nationwide sales of existing homes fell 5.4 percent in June 2024, per NAR. Meanwhile, the pace of new single-family home sales fell 16.5 percent in May 2024 from a year earlier, per ...
But entry-level homes remain scarce, with sales of properties under $250,000 continuing to slump year-on-year. At May's sales pace, it would take 3.7 months to exhaust the current inventory of ...
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