Median Sale Price Momentum: Which Zip Codes Are Gaining Ground?

In cities like New York, Los Angeles, and Miami, where the median home price has seen a significant increase (as highlighted in median price analysis), the data reveals a complex landscape of rising and falling sale prices.

For instance, the median sale price in top-booming cities such as San Francisco, Boston, and Denver is $544,900, with homes taking an average of 30 days to sell, according to neighborhood velocity analysis.

However, a closer look at the data shows that cities like Chicago, Seattle, and Washington D.C. have seen a significant increase in median sale prices, with some reaching as high as $375,100, as seen in price analysis.

When comparing cities that are experiencing price correction, such as Cleveland and St. Louis, to those experiencing steady appreciation, the differences in median sale prices are striking.

For example, the median sale price in top-booming cities is $544,900, while in cities experiencing price correction, the median sale price is $184,900.

These findings suggest that cities like New York and Los Angeles are experiencing a significant increase in median sale prices, while cities experiencing price correction are seeing a decline in median sale prices.

Further analysis of the data reveals that cities like Chicago and Seattle have seen a steady increase in median sale prices, with some reaching as high as $375,100, as seen in price analysis.

When comparing cities that are experiencing price correction to those experiencing steady appreciation, the differences in median sale prices are striking.

For instance, the median sale price in top-booming cities is $544,900, with homes taking an average of 30 days to sell, according to neighborhood velocity analysis.

A closer look at the data reveals that cities like San Francisco and Boston have seen a significant increase in median sale prices, with some reaching as high as $375,100, as seen in price analysis.