Top median sales price increases
Top ten U.S. metro areas with greatest median sales price increases month-over-month
|Lake County-Kenosha County, IL-WI||7.45%|
|Buffalo-Cheektowaga-Niagara Falls, NY||7.07%|
|North Port-Sarasota-Bradenton, FL||3.98%|
|New York-Jersey City-White Plains, NY-NJ||3.33%|
This graph looks at the top ten metropolitan areas with the greatest month-over-month changes in median sales price for July 2018. Detroit-Dearborn-Livonia, Michigan; Tulsa, Oklahoma; and Lake County-Kenosha County, Illinois-Wisconsin, had the top month-over-month price increases.
Detroit-Dearborn-Livonia, Michigan, had the largest median sales price increase at over 24%. This price increase may be a result of its improving economy and limited housing market inventory. Overall, the top ten metropolitan areas had relatively high median sales price increases of more than 3%, and most of them are along the East Coast. This may suggest that housing prices are slowly rising in this part of the country.1
1Source data: CoreLogic®
Data date: 09/25/2018
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