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Article
05 Jun 2025
In this analysis, we examine the cities where visitor spending has a significant impact on local economies, specifically focusing on the top cities with the highest median sale prices and fastest home sales, such as New York City, where the median sale price is $549,000, and Las Vegas, where homes typically stay on the market for 45 days.
When comparing to another city in the data, Austin, Texas, which has a median price of $439,000, we can see a difference of $110,000.
According to the data, Miami has a median sale price of $349,000 and homes sold within 30 days.
It's worth noting that cities like San Francisco have a median sale price of $1,200,000 and an inventory of 10 homes for sale.
Another city, Denver, has a median sale price of $429,000 and an inventory of 20 homes for sale.
For a more in-depth analysis of cities where visitor spending boosts local economies, we recommend checking out our related posts on short-term rentals and how they are outpacing hotels in cities like Nashville and Chicago, as well as home sales velocity and how properties are vanishing quickly in cities like Los Angeles and Seattle.
Additionally, our analysis on the short-term rental market outlook reveals that cities like Boston and Washington D.C. are poised for growth in 2025, and how Airbnb hosts can leverage local experiences to beat hotel chains.
For a more in-depth analysis of cities where visitor spending boosts local economies, we recommend checking out our related posts:
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Detailed analysis of real estate metrics in cities like Sample 1 for city_tourism with key price data.