Week of November 26, 2018

Real estate selling price

Month-over-month change in selling prices for August 2018

Month-over-month change in selling prices for August 2018
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State Month-over-month change
in selling price
Median selling price
for August 2018
Median selling price
for July 2018
AK -7.0% $272,825 $293,511
AL -4.1% $129,500 $135,054
AR 1.5% $140,000 $137,892
AZ -0.2% $239,500 $240,000
CA -1.0% $480,000 $485,000
CO -0.8% $357,000 $360,000
CT -3.1% $250,000 $258,000
DC -6.4% $510,000 $545,000
DE 0.0% $230,000 $230,000
FL 0.9% $218,000 $216,000
GA -5.8% $179,000 $190,000
HI 6.8% $575,000 $538,550
IA -4.9% $136,000 $143,000
ID -1.2% $242,968 $245,921
IL -3.7% $185,000 $192,100
IN -0.2% $166,250 $166,636
KS -3.3% $194,614 $201,299
KY 0.7% $145,000 $144,000
LA -3.5% $164,000 $170,000
MA -1.4% $396,000 $401,800
MD 0.7% $291,000 $289,000
ME -5.4% $222,000 $234,730
MI -6.4% $145,000 $154,900
MN -0.9% $216,950 $219,000
MO -1.5% $167,500 $170,000
MS -7.0% $192,660 $207,070
MT -0.8% $256,588 $258,750
NC -1.0% $193,000 $195,000
ND -1.1% $196,000 $198,250
NE -1.2% $160,000 $162,000
NH 7.1% $240,000 $224,000
NJ 3.3% $315,000 $305,000
NM -3.7% $200,949 $208,650
NV 1.8% $280,000 $275,000
NY 1.0% $262,679 $260,000
OH -0.7% $134,000 $135,000
OK -4.5% $126,000 $132,000
OR -3.1% $314,990 $325,000
PA -0.8% $169,900 $171,325
RI 0.8% $252,000 $250,000
SC -2.2% $180,939 $185,000
SD -19.9% $164,000 $204,750
TN -4.4% $162,500 $170,000
TX -1.7% $231,057 $234,945
UT -1.0% $306,000 $309,188
VA -1.2% $259,912 $263,000
VT -7.4% $189,900 $205,000
WA -0.9% $342,000 $345,000
WI 0.0% $165,000 $165,000
WV -11.5% $119,500 $135,000
WY 0.0% $227,818 $227,899

This map compares each state's month-over-month selling price for August 2018. In the light gray states, prices have gone up between July and August. This would suggest a seller's market where buyers may face increased competition. New Hampshire and Hawaii had the highest month-over-month price increases — all above 6% — likely indicating that their housing markets are gaining strength.

The full data lists the median selling prices in July and August 2018 for each state. The actual numbers can give some insight into the amount of inventory compared to demand from homebuyers. According to the data, 10 states saw selling prices increase in August 2018, indicating that home prices continue to rise in some states.

Hawaii had the highest median selling price in August 2018 at $575,000. Median selling prices are also over $300,000 in many popular seller's markets including District of Columbia, California, Massachusetts, Colorado, Washington, New Jersey, Oregon and Utah.1

1Source data: CoreLogic®
Data date: 10/25/2018

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