During January to March 2024, Boston saw the highest increase in median sale price at 13% among the top 15 metro areas, when compared to the same period last year, reaching $695,000. Conversely, Austin experienced a decrease of 2.5%, with a median sale price of $429,000. Other metros, like New York, Philadelphia, Los Angeles, and Chicago, also showed significant increases from 10.3% to 12.9%. Meanwhile, metros such as Dallas, Denver, Jacksonville and Atlanta demonstrated moderate to moderate-high changes, indicating stable or improving market conditions compared to the previous year.
Learn more about the metrics in PropMix Market Insights.