March Home Prices Up 8.9%, the Biggest Increase in Four Years

 In home-prices, Housing Market News, March real estate market, Real Estate News & Analysis, Real time housing market tracker

The median home sale price increased 8.9 percent in March from a year ago, the highest price growth in four years. The median home sale price in March was $297,000 in the 174 markets that Redfin tracks.

The lack of homes for sale, down 11.9 percent year over year, continued to constrain sales, which declined 3.7 percent. The number of homes newly listed for sale in March fell 5.6 percent compared to a year ago.

“The Easter holiday fell early this year, which may have played a role in the decline in new March listings. Sellers are slow to list this year and we aren’t seeing enough new construction homes to fill the gap,” said Redfin chief economist Nela Richardson. “If we don’t see the new listings number turn around next month or a pickup in new housing starts, inventory will be a persistent drag on sales for the remainder of the year.”

Though seller enthusiasm is waning, buyer demand is strong, making for a highly competitive market. The typical home went under contract in 43 days, eight days faster than a year earlier and faster than any March on record. Among homes that sold last month, 23.9 percent sold above their list price, up from 22.3 percent last March. One in five (20.5%) homes that sold in March went under contract within two weeks of their debut, compared to 18.4 percent last year.

Seattle was the fastest-moving market for the second month in a row, joined by Denver. Homes in these metros were on the market for a median of just seven days in March.

Market Summary March 2018 Month-Over-Month Year-Over-Year
Median sale price $297,200 4.4% 8.9%
Homes sold 230,300 34.5% -3.7%
New listings 326,100 26.3% -5.6%
All Homes for sale 636,800 2.2% -11.9%
Median days on market 43 -10 -8
Months of supply 2.8 -0.8 -0.2
Sold above list 23.9% 2.8% 1.7%
Median Off-Market Redfin Estimate $281,300 -0.8% 6.1%
Average Sale-to-list 98.6% 0.8% 0.6%

Strong price growth was not limited to hot coastal markets like San Jose, CA (32.3%) and San Francisco (16.7%). Places like Allentown, PA (21.8%), Detroit (20.6%) and Las Vegas (16.5%) are also experiencing strong price appreciation.

Inventory declined in 65 of the 73 most populous metros Redfin tracks below. In 48 of those metros, inventory fell more than 10 percent compared to last year. Baton Rouge, Washington, D.C., and Allentown bucked the declining inventory trend, respectively adding 26.6 percent, 11.8 percent and 11.4 percent to housing supply from last year.

Other March Highlights

Competition

  • Denver, CO and Seattle, WA were the fastest markets, with half of all homes pending sale in just 7 days. San Jose, CA was the next fastest market with 9 median days on market, followed by Oakland, CA (12) and Sacramento, CA (13).
  • The most competitive market in March was San Jose, CA where 83.2% of homes sold above list price, followed by 76.1% in San Francisco, CA, 75.2% in Oakland, CA, 59.8% in Seattle, WA, and 50.7% in Tacoma, WA.

Prices

  • San Jose, CA had the nation’s highest price growth, rising 32.3% since last year to $1,263,500. Allentown, PA had the second highest growth at 21.8% year-over-year price growth, followed by Detroit, MI (20.6%), San Francisco, CA (16.7%), and Las Vegas, NV (16.5%).
  • No metros saw price declines in March.

Sales

  • Detroit, MI saw the largest decline in sales since last year, falling 18.7%. Home sales in Rochester, NY and Buffalo, NY declined by 14.6% and 13.1%, respectively.
  • 2 out of 73 metros saw sales surge by double digits from last year. Milwaukee, WI led the nation in year-over-year sales growth, up 15.1%, followed by Albany, NY, up 10.3%. Allentown, PA rounded out the top three with sales up 6.1% from a year ago.

Inventory

  • Inventory declined in 65 of the 73 metros Redfin tracks. In 48 of those metros, inventory fell by more than 10% compared to last year.
  • Rochester, NY had the largest decrease in overall inventory, falling 42.6% since last March. Buffalo, NY (-42.4%), San Jose, CA (-41.5%), and Indianapolis, IN (-31.9%) also saw far fewer homes available on the market than a year ago.
  • Baton Rouge, LA had the highest increase in the number of homes for sale, up 26.6% year over year, followed by Washington, DC (11.8%) and Allentown, PA (11.4%).

Pricing Strategy

  • To see trends in sellers’ pricing strategies, we compare the list price to the Redfin Estimate, Redfin’s automated home-value estimate with the industry’s lowest published error rate for listed homes.
  • The median list price-to-Redfin Estimate ratio was 93.5% in San Francisco, CA, the lowest of any market. This indicates sellers may be underpricing their homes to create a bidding war, as the typical home for sale in March was listed at a price 93.5% of its estimated value. Only 7.6% of homes in San Francisco, CA were listed for more than their Redfin Estimate.
  • Conversely, the median list price-to-Redfin Estimate ratio was 102.5% in Miami, FL and 102.2% in West Palm Beach, FL, which means sellers in those metro areas are listing their homes for more than the estimated value. In Miami, FL, 84.3% of homes were listed above their Redfin Estimate, the highest percentage of any metro.

Below are market-by-market breakdowns for prices, inventory, new listings and sales for markets with populations of 750 thousand or more. For downloadable data on all of the markets Redfin tracks, visit the Redfin Data Center.

Median Sale Price

Redfin Metro Median Sale Price Month-Over-Month Year-Over-Year
Albany, NY $200,800 8.4% 9.2%
Allentown, PA $201,000 14.9% 21.8%
Atlanta, GA $230,000 5.5% 8.5%
Austin, TX $301,400 0.9% 2.2%
Bakersfield, CA $225,000 0.2% 6.1%
Baltimore, MD $259,900 6.1% 8.3%
Baton Rouge, LA $197,500 -1.0% 9.8%
Birmingham, AL $188,000 -2.1% 12.6%
Boston, MA $462,500 6.0% 7.6%
Buffalo, NY $138,000 4.9% 11.9%
Camden, NJ $169,900 6.3% 6.2%
Charlotte, NC $237,100 5.6% 4.4%
Chicago, IL $240,000 6.7% 6.7%
Cincinnati, OH $174,500 10.2% 10.4%
Cleveland, OH $134,900 -0.1% 7.1%
Columbus, OH $191,000 5.8% 10.6%
Dallas, TX $295,000 3.5% 6.1%
Denver, CO $401,800 0.7% 9.2%
Detroit, MI $120,000 4.3% 20.6%
Fort Lauderdale, FL $255,000 6.2% 13.3%
Fort Worth, TX $229,900 2.2% 6.9%
Fresno, CA $260,000 -0.8% 8.3%
Grand Rapids, MI $187,000 3.9% 9.2%
Greenville, SC $200,000 5.9% 12.2%
Hampton Roads, VA $224,900 4.6% 6.6%
Honolulu, HI $558,000 1.5% 7.8%
Houston, TX $232,000 3.1% 2.2%
Indianapolis, IN $173,000 4.2% 11.6%
Jacksonville, FL $228,400 4.3% 14.2%
Kansas City, MO $205,000 8.0% 10.6%
Knoxville, TN $195,000 5.1% 11.4%
Las Vegas, NV $265,000 3.5% 16.5%
Long Island, NY $425,000 4.3% 11.8%
Los Angeles, CA $600,000 1.3% 8.1%
Louisville, KY $175,000 2.9% 6.7%
Memphis, TN $169,000 5.6% 9.0%
Miami, FL $300,000 9.1% 11.1%
Milwaukee, WI $195,000 14.0% 5.4%
Minneapolis, MN $258,000 3.2% 11.2%
Montgomery County, PA $295,000 3.5% 10.1%
Nashville, TN $281,500 2.4% 8.3%
New Orleans, LA $200,000 -4.8% 1.0%
Oakland, CA $720,000 8.3% 10.8%
Oklahoma City, OK $165,000 0.6% 3.1%
Omaha, NE $185,700 4.3% 9.3%
Orange County, CA $710,000 2.2% 9.2%
Orlando, FL $236,000 1.5% 7.3%
Oxnard, CA $579,000 0.7% 2.5%
Philadelphia, PA $194,500 9.0% 14.8%
Phoenix, AZ $255,000 0.0% 8.5%
Pittsburgh, PA $159,900 5.9% 14.3%
Portland, OR $387,800 2.1% 9.5%
Providence, RI $253,200 2.9% 12.5%
Raleigh, NC $280,000 1.8% 6.9%
Richmond, VA $240,000 7.1% 6.7%
Riverside, CA $355,000 0.6% 6.9%
Rochester, NY $129,400 3.1% 2.7%
Sacramento, CA $385,000 3.6% 10.0%
Salt Lake City, UT $310,000 3.3% 10.7%
San Antonio, TX $214,900 3.3% 7.5%
San Diego, CA $558,500 2.5% 7.4%
San Francisco, CA $1,400,000 1.6% 16.7%
San Jose, CA $1,263,500 7.1% 32.3%
Seattle, WA $557,500 4.8% 15.0%
St. Louis, MO $166,900 1.2% 3.0%
Tacoma, WA $348,500 5.4% 16.4%
Tampa, FL $217,500 1.8% 8.8%
Tucson, AZ $206,800 -0.1% 6.1%
Tulsa, OK $160,000 0.0% 5.3%
Warren, MI $195,000 5.4% 12.7%
Washington, DC $390,000 5.4% 8.3%
West Palm Beach, FL $272,000 2.6% 11.0%
Worcester, MA $245,000 -0.6% 7.5%
National $297,200 4.4% 8.9%

Homes Sold

Redfin Metro Homes Sold Month-Over-Month Year-Over-Year
Albany, NY 749 36.2% 10.3%
Allentown, PA 640 32.8% 6.1%
Atlanta, GA 9,396 33.5% -3.7%
Austin, TX 2,820 31.4% 4.4%
Bakersfield, CA 728 31.4% -8.4%
Baltimore, MD 3,444 33.6% 3.8%
Baton Rouge, LA 910 32.7% -11.2%
Birmingham, AL 1,392 31.2% 0.1%
Boston, MA 3,055 44.8% -10.8%
Buffalo, NY 659 -9.0% -13.1%
Camden, NJ 1,635 23.8% -2.9%
Charlotte, NC 3,323 37.0% -12.5%
Chicago, IL 8,541 36.2% -1.3%
Cincinnati, OH 1,976 38.4% -2.6%
Cleveland, OH 2,213 55.7% -1.6%
Columbus, OH 2,313 35.7% -9.5%
Dallas, TX 5,225 27.9% -6.0%
Denver, CO 4,412 38.4% -2.8%
Detroit, MI 1,543 6.9% -18.7%
Fort Lauderdale, FL 3,067 24.2% -7.0%
Fort Worth, TX 2,658 23.3% -9.0%
Fresno, CA 791 27.8% 4.2%
Grand Rapids, MI 1,207 55.1% -2.4%
Greenville, SC 1,068 31.5% -3.6%
Hampton Roads, VA 2,003 35.8% 2.9%
Honolulu, HI 787 32.3% -0.6%
Houston, TX 7,053 27.1% -3.4%
Indianapolis, IN 2,679 35.6% -10.1%
Jacksonville, FL 2,230 32.4% -1.1%
Kansas City, MO 2,770 40.0% -5.5%
Knoxville, TN 1,152 21.5% -6.1%
Las Vegas, NV 3,861 44.8% -2.3%
Long Island, NY 1,961 15.9% -12.8%
Los Angeles, CA 6,296 45.7% -5.1%
Louisville, KY 1,353 46.6% -4.3%
Memphis, TN 1,056 27.2% -3.4%
Miami, FL 2,544 30.7% -4.8%
Milwaukee, WI 1,582 61.3% 15.1%
Minneapolis, MN 3,985 48.0% -7.0%
Montgomery County, PA 1,839 37.3% -2.9%
Nashville, TN 3,121 37.2% -1.8%
New Orleans, LA 1,092 21.3% -11.9%
Oakland, CA 2,245 55.4% -2.9%
Oklahoma City, OK 1,791 36.1% 5.5%
Omaha, NE 976 39.0% -9.5%
Orange County, CA 2,600 41.9% -9.0%
Orlando, FL 4,013 35.6% 3.1%
Oxnard, CA 715 47.4% -9.4%
Philadelphia, PA 1,907 19.0% -6.6%
Phoenix, AZ 9,321 34.5% 1.3%
Pittsburgh, PA 1,893 55.0% 5.2%
Portland, OR 2,900 23.6% -7.9%
Providence, RI 1,416 34.2% -1.2%
Raleigh, NC 2,118 47.4% -11.1%
Richmond, VA 1,562 46.1% -0.8%
Riverside, CA 4,980 35.0% -8.7%
Rochester, NY 700 12.9% -14.6%
Sacramento, CA 2,467 32.3% -3.5%
Salt Lake City, UT 1,608 32.2% -0.8%
San Antonio, TX 2,458 34.8% -0.1%
San Diego, CA 2,870 24.8% -11.6%
San Francisco, CA 960 54.3% 0.8%
San Jose, CA 1,296 56.9% 1.2%
Seattle, WA 3,683 29.6% -7.8%
St. Louis, MO 3,204 41.3% -6.7%
Tacoma, WA 1,350 26.1% -5.5%
Tampa, FL 5,513 32.5% -3.5%
Tucson, AZ 1,568 32.9% -1.3%
Tulsa, OK 1,075 30.8% 1.5%
Warren, MI 2,965 25.2% -3.3%
Washington, DC 7,267 35.1% -5.5%
West Palm Beach, FL 3,123 37.6% -1.5%
Worcester, MA 632 31.9% -3.7%
National 230,300 34.5% -3.7%

New Listings

Redfin Metro New Listings Month-Over-Month Year-Over-Year
Albany, NY 958 30.9% -6.0%
Albuquerque, NM 1,587 31.4% 4.6%
Allentown, PA 1,025 19.7% -7.0%
Atlanta, GA 12,484 28.1% 3.1%
Austin, TX 4,229 35.2% -1.1%
Bakersfield, CA 1,055 13.0% 0.6%
Baltimore, MD 5,288 41.2% -7.9%
Baton Rouge, LA 1,272 10.5% -7.0%
Birmingham, AL 1,729 18.8% -11.7%
Boston, MA 5,143 27.8% -16.7%
Buffalo, NY 1,105 39.3% -5.7%
Camden, NJ 2,386 15.1% -9.8%
Charlotte, NC 4,915 33.3% -3.1%
Chicago, IL 15,264 36.3% -3.8%
Cincinnati, OH 2,725 32.4% -4.4%
Cleveland, OH 3,119 34.0% -9.5%
Columbus, OH 3,102 45.2% -0.9%
Dallas, TX 7,603 33.6% -2.8%
Denver, CO 5,750 35.7% -7.5%
Detroit, MI 2,198 39.3% -1.4%
Fort Lauderdale, FL 4,500 4.5% -0.8%
Fort Worth, TX 3,773 36.0% 0.4%
Fresno, CA 988 12.8% -9.9%
Grand Rapids, MI 1,538 42.5% -6.7%
Greenville, SC 1,507 37.0% 5.5%
Hampton Roads, VA 2,976 38.4% -4.8%
Honolulu, HI 1,026 7.2% -11.9%
Houston, TX 11,141 32.7% -1.7%
Indianapolis, IN 3,240 40.4% -11.5%
Jacksonville, FL 3,054 18.5% -1.9%
Kansas City, MO 4,138 53.6% 7.5%
Knoxville, TN 1,585 40.1% 11.5%
Las Vegas, NV 4,370 17.8% -7.0%
Long Island, NY 3,464 15.4% -11.7%
Los Angeles, CA 7,959 8.3% -11.4%
Louisville, KY 1,667 37.5% -9.7%
Memphis, TN 1,439 24.5% -9.2%
Miami, FL 4,441 1.3% -8.8%
Milwaukee, WI 2,086 46.4% -10.7%
Minneapolis, MN 6,167 34.4% -19.1%
Montgomery County, PA 2,839 16.7% -20.6%
Nashville, TN 4,520 28.8% 4.9%
New Orleans, LA 1,892 40.1% 3.0%
Oakland, CA 2,873 20.1% -5.3%
Oklahoma City, OK 2,355 37.0% -6.5%
Omaha, NE 1,459 55.4% -9.7%
Orange County, CA 3,373 8.8% -14.8%
Orlando, FL 4,898 14.9% -2.8%
Oxnard, CA 1,009 26.0% -3.7%
Philadelphia, PA 2,962 14.9% -11.6%
Phoenix, AZ 10,404 16.5% -5.8%
Pittsburgh, PA 2,590 38.5% -7.3%
Portland, OR 3,849 47.4% 2.3%
Providence, RI 1,953 19.7% -11.4%
Raleigh, NC 2,901 24.3% -9.3%
Richmond, VA 2,135 30.1% -10.0%
Riverside, CA 6,380 8.2% -6.5%
Rochester, NY 1,240 43.5% -4.1%
Sacramento, CA 3,376 20.3% -5.0%
Salt Lake City, UT 2,058 34.8% -5.9%
San Antonio, TX 3,622 38.5% 3.3%
San Diego, CA 4,031 19.2% -7.3%
San Francisco, CA 1,238 22.1% -5.4%
San Jose, CA 1,583 22.3% -9.2%
Seattle, WA 5,152 50.2% 1.9%
St. Louis, MO 4,664 27.3% -12.1%
Tacoma, WA 1,686 44.7% -3.4%
Tampa, FL 6,907 17.3% -2.3%
Tucson, AZ 1,877 17.5% -1.7%
Tulsa, OK 1,377 22.3% -12.1%
Warren, MI 4,152 48.6% -6.0%
Washington, DC 11,550 42.1% -10.1%
West Palm Beach, FL 4,183 1.9% -2.6%
Worcester, MA 1,019 32.2% -16.7%
National 326,100 26.3% -5.6%

All Homes for Sale

Redfin Metro All Homes for Sale Month-Over-Month Year-Over-Year
Albany, NY 2,109 -4.4% -29.2%
Albuquerque, NM 2,978 -27.9% -21.3%
Allentown, PA 2,933 22.3% 11.4%
Atlanta, GA 22,353 2.3% -28.7%
Austin, TX 6,448 7.9% -4.1%
Bakersfield, CA 1,865 -0.5% -6.4%
Baltimore, MD 10,235 7.7% -0.2%
Baton Rouge, LA 3,608 0.5% 26.6%
Birmingham, AL 4,692 0.7% -18.2%
Boston, MA 5,188 0.2% -25.3%
Buffalo, NY 1,427 -4.4% -42.4%
Camden, NJ 7,297 2.6% -3.8%
Charlotte, NC 9,735 6.3% -23.8%
Chicago, IL 34,036 9.0% -14.0%
Cincinnati, OH 6,698 8.3% -10.9%
Cleveland, OH 7,173 0.1% -17.9%
Columbus, OH 5,112 8.8% -16.3%
Dallas, TX 11,664 0.3% -4.8%
Denver, CO 4,729 10.6% -11.8%
Detroit, MI 3,478 -5.8% -10.2%
Fort Lauderdale, FL 14,376 3.5% 0.3%
Fort Worth, TX 4,921 -5.6% -16.9%
Fresno, CA 1,356 -2.5% -14.3%
Grand Rapids, MI 1,699 -3.1% -15.9%
Greenville, SC 3,749 5.5% -6.1%
Hampton Roads, VA 6,666 0.6% -15.8%
Honolulu, HI 3,075 1.9% 5.7%
Houston, TX 22,853 3.3% -7.5%
Indianapolis, IN 4,777 -5.5% -31.9%
Jacksonville, FL 6,260 1.7% -9.6%
Knoxville, TN 4,255 4.8% -11.3%
Las Vegas, NV 8,802 0.1% -22.9%
Long Island, NY 9,069 1.8% -15.5%
Los Angeles, CA 13,567 -3.0% -15.7%
Louisville, KY 2,490 1.9% -14.3%
Memphis, TN 2,624 -1.8% -23.0%
Miami, FL 17,901 -2.1% -3.0%
Milwaukee, WI 4,438 6.3% -26.0%
Minneapolis, MN 8,105 7.6% -23.7%
Montgomery County, PA 6,592 4.7% -11.2%
Nashville, TN 9,145 5.8% 2.0%
New Orleans, LA 5,843 2.6% 5.2%
Oakland, CA 2,004 -0.1% -19.0%
Oklahoma City, OK 5,003 -1.9% -18.1%
Omaha, NE 1,440 -1.1% -20.1%
Orange County, CA 6,034 -0.8% -18.3%
Orlando, FL 8,581 -4.9% -16.8%
Oxnard, CA 1,342 3.5% -4.6%
Philadelphia, PA 6,670 0.1% -11.3%
Phoenix, AZ 19,249 -3.2% -17.3%
Pittsburgh, PA 8,477 2.4% -16.5%
Portland, OR 4,185 3.4% -0.3%
Providence, RI 4,084 -1.3% -19.4%
Raleigh, NC 5,915 5.3% -10.8%
Richmond, VA 2,748 1.4% -21.0%
Riverside, CA 13,969 -3.3% -13.5%
Rochester, NY 1,520 0.7% -42.6%
Sacramento, CA 3,727 1.0% -5.9%
Salt Lake City, UT 2,689 -11.5% -2.5%
San Antonio, TX 7,037 -4.7% -8.8%
San Diego, CA 5,252 5.2% -2.8%
San Francisco, CA 1,058 3.9% -23.8%
San Jose, CA 907 -9.6% -41.5%
Seattle, WA 2,833 18.2% -14.7%
St. Louis, MO 10,551 1.2% -11.1%
Tacoma, WA 1,355 4.5% -24.8%
Tampa, FL 12,058 -3.3% -12.6%
Tucson, AZ 4,515 -2.9% -9.5%
Tulsa, OK 3,429 -1.2% -14.2%
Warren, MI 5,317 -0.4% -20.7%
Washington, DC 18,996 12.8% 11.8%
West Palm Beach, FL 14,966 -1.4% -2.9%
Worcester, MA 1,410 -0.3% -28.3%
National 636,800 2.2% -11.9%

Median Off-Market Redfin Estimate

Redfin Metro Estimate Month-Over-Month Year-Over-Year
Albany, NY $207,200 0.4% 5.3%
Allentown, PA $196,700 -0.3% 3.9%
Atlanta, GA $199,500 0.5% 10.3%
Austin, TX $289,700 0.5% 1.4%
Bakersfield, CA $202,200 0.5% 5.6%
Baltimore, MD $245,000 0.2% 2.4%
Baton Rouge, LA $147,700 0.4% -3.0%
Birmingham, AL $141,400 0.2% 5.7%
Boston, MA $468,400 0.9% 4.9%
Buffalo, NY $147,300 -0.1% 7.0%
Camden, NJ $186,000 0.2% 3.3%
Charlotte, NC $190,500 1.8% 16.0%
Chicago, IL $229,100 0.0% 3.0%
Cincinnati, OH $158,900 1.7% 7.7%
Cleveland, OH $130,100 0.5% 2.0%
Columbus, OH $177,800 1.3% 10.4%
Dallas, TX $244,800 0.7% 10.1%
Denver, CO $391,700 1.5% 9.5%
Detroit, MI $90,900 4.3% 15.3%
Fort Lauderdale, FL $249,600 0.3% 8.2%
Fort Worth, TX $199,100 0.8% 12.5%
Fresno, CA $239,300 0.6% 8.8%
Grand Rapids, MI $149,100 0.4% 7.7%
Greenville, SC $158,100 0.9% 8.2%
Hampton Roads, VA $216,900 0.4% 3.6%
Honolulu, HI $670,600 0.1% 4.5%
Houston, TX $197,700 0.4% 5.7%
Indianapolis, IN $148,500 0.6% 8.5%
Jacksonville, FL $202,300 0.6% 14.0%
Kansas City, MO $175,000 0.5% 8.5%
Knoxville, TN $140,700 0.7% 5.1%
Las Vegas, NV $249,000 1.2% 15.5%
Long Island, NY $423,800 0.2% 6.5%
Los Angeles, CA $595,500 0.7% 8.0%
Louisville, KY $144,100 -0.1% -2.4%
Memphis, TN $129,800 1.2% 11.9%
Miami, FL $282,600 0.5% 7.0%
Milwaukee, WI $196,000 3.0% 8.8%
Minneapolis, MN $243,500 0.6% 7.8%
Montgomery County, PA $307,500 0.3% 4.1%
Nashville, TN $232,800 0.6% 12.4%
New Orleans, LA $161,900 -2.6% -5.3%
Oakland, CA $733,600 1.1% 10.1%
Oklahoma City, OK $135,700 0.4% 1.2%
Omaha, NE $160,500 0.7% 6.1%
Orange County, CA $691,500 0.6% 5.4%
Orlando, FL $218,400 0.6% 9.2%
Oxnard, CA $581,900 0.2% 5.7%
Philadelphia, PA $192,000 0.2% 9.9%
Phoenix, AZ $252,100 0.7% 6.7%
Pittsburgh, PA $135,000 -0.2% 2.6%
Portland, OR $379,200 0.2% 4.5%
Providence, RI $281,100 0.2% 6.4%
Raleigh, NC $249,800 0.4% 6.7%
Richmond, VA $212,200 0.5% 7.0%
Riverside, CA $347,800 0.7% 8.9%
Rochester, NY $135,900 0.2% 4.4%
Sacramento, CA $384,800 0.7% 7.8%
Salt Lake City, UT $302,000 0.9% 9.8%
San Antonio, TX $182,500 0.2% 7.0%
San Diego, CA $570,600 0.8% 8.0%
San Francisco, CA $1,280,900 1.4% 12.8%
San Jose, CA $1,187,100 3.5% 23.9%
Seattle, WA $536,400 1.4% 14.6%
St. Louis, MO $147,700 0.2% 0.9%
Tacoma, WA $323,800 0.9% 12.7%
Tampa, FL $206,300 0.5% 9.4%
Tucson, AZ $194,900 0.5% 6.6%
Tulsa, OK $133,500 0.3% 2.1%
Warren, MI $198,500 0.4% 5.5%
Washington, DC $375,600 0.3% 2.8%
West Palm Beach, FL $256,900 0.2% 3.6%
Worcester, MA $270,900 0.9% 7.5%
National $281,300 -0.8% 6.1%

The post March Home Prices Up 8.9%, the Biggest Increase in Four Years appeared first on Redfin Real-Time.

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