Redfin Reports Home Sales Surge by Double Digits in Pricey West Coast Markets
Redfin reports a significant surge in home sales in West Coast markets, with Portland, OR leading at a 27.6% year-over-year increase in November, the highest among the top 50 U.S. metros. Other notable increases were seen in San Jose (26.2%), Seattle (19.5%), San Francisco (17.7%), Sacramento (17.6%), and San Diego (15.2%). Nationwide, home sales rose by 4.8%. These markets have median sale prices above the national median of $430,107. New listings in Portland decreased by 20.3%, the most significant drop after Austin, TX. New listings in Oakland, San Jose, and Sacramento also fell more than the national average of 6.6%. In the Bay Area, over half of the homes sold for more than their asking price, with San Jose at 58.6% and San Francisco at 52.9%. Nationwide, 26.6% of homes sold above their list price. The median sale prices in San Jose and San Francisco are $1.5 million.
Redfin riporta un significativo aumento delle vendite di case nei mercati della Costa Ovest, con Portland, OR in testa con un incremento del 27,6% su base annua a novembre, il più alto tra le prime 50 aree metropolitane degli Stati Uniti. Altri aumenti notevoli si sono registrati a San Jose (26,2%), Seattle (19,5%), San Francisco (17,7%), Sacramento (17,6%) e San Diego (15,2%). A livello nazionale, le vendite di case sono aumentate del 4,8%. Questi mercati hanno prezzi mediani di vendita superiori alla media nazionale di $430.107. Le nuove annunci a Portland sono diminuite del 20,3%, il calo più significativo dopo Austin, TX. Anche i nuovi annunci a Oakland, San Jose e Sacramento sono scesi più della media nazionale del 6,6%. Nella Bay Area, oltre la metà delle case sono state vendute a un prezzo superiore a quello richiesto, con San Jose al 58,6% e San Francisco al 52,9%. A livello nazionale, il 26,6% delle case è stato venduto a un prezzo superiore a quello elencato. I prezzi mediani di vendita a San Jose e San Francisco sono di $1,5 milioni.
Redfin informa sobre un aumento significativo en las ventas de casas en los mercados de la Costa Oeste, con Portland, OR liderando con un incremento del 27,6% interanual en noviembre, el más alto entre las 50 principales áreas metropolitanas de EE. UU. Otros aumentos notables se vieron en San Jose (26,2%), Seattle (19,5%), San Francisco (17,7%), Sacramento (17,6%) y San Diego (15,2%). A nivel nacional, las ventas de casas aumentaron un 4,8%. Estos mercados tienen precios de venta medianos por encima de la mediana nacional de $430,107. Los nuevos anuncios en Portland cayeron un 20,3%, la disminución más significativa después de Austin, TX. Los nuevos anuncios en Oakland, San Jose y Sacramento también cayeron más que el promedio nacional del 6,6%. En el Área de la Bahía, más de la mitad de las casas se vendieron por encima de su precio de venta, con San Jose en 58,6% y San Francisco en 52,9%. A nivel nacional, el 26,6% de las casas se vendieron por encima de su precio de lista. Los precios de venta medianos en San Jose y San Francisco son de $1,5 millones.
레드핀은 웨스트 코스트 시장에서 주택 판매가 크게 증가했다고 보고하며, 포틀랜드, OR이 11월에 전년 대비 27.6% 증가하면서 미국 50대 대도시 중 가장 높은 상승세를 보이고 있다고 전했습니다. 주목할 만한 증가가 있었던 지역으로는 산호세 (26.2%), 시애틀 (19.5%), 샌프란시스코 (17.7%), 새크라멘토 (17.6%), 샌디에이고 (15.2%)가 있습니다. 전국적으로 주택 판매는 4.8% 증가했습니다. 이들 시장은 전국 평균인 $430,107를 초과하는 중위 판매가를 기록하고 있습니다. 포틀랜드의 새로운 매물은 20.3% 감소하였으며, 이는 오스틴, TX 다음으로 가장 큰 하락폭입니다. 오클랜드, 산호세, 새크라멘토에서도 새로운 매물이 전국 평균인 6.6% 이상 감소했습니다. 베이 지역에서는 판매된 주택의 절반 이상이 요청 가격을 초과하여 판매되었으며, 산호세는 58.6%, 샌프란시스코는 52.9%였습니다. 전국적으로는 26.6%의 주택이 목록 가격을 초과하여 판매되었습니다. 산호세와 샌프란시스코의 중위 판매가는 $1.5백만입니다.
Redfin rapporte une augmentation significative des ventes de maisons sur les marchés de la Côte Ouest, avec Portland, OR en tête, affichant une hausse de 27,6% par rapport à l'année précédente en novembre, la plus élevée parmi les 50 plus grandes métropoles américaines. D'autres augmentations notables ont été observées à San Jose (26,2%), Seattle (19,5%), San Francisco (17,7%), Sacramento (17,6%) et San Diego (15,2%). Au niveau national, les ventes de maisons ont augmenté de 4,8%. Ces marchés affichent des prix de vente médians supérieurs à la médiane nationale de 430 107 $. Les nouvelles annonces à Portland ont diminué de 20,3%, la plus forte baisse après Austin, TX. Les nouvelles annonces à Oakland, San Jose et Sacramento ont également chuté de plus que la moyenne nationale de 6,6%. Dans la région de la baie, plus de la moitié des maisons ont été vendues à un prix supérieur à celui demandé, San Jose étant à 58,6% et San Francisco à 52,9%. À l'échelle nationale, 26,6% des maisons se sont vendues au-dessus de leur prix de liste. Les prix de vente médians à San Jose et San Francisco sont de 1,5 million de dollars.
Redfin berichtet von einem signifikanten Anstieg der Immobilienverkäufe in den Märkten an der Westküste, wobei Portland, OR mit einem Anstieg von 27,6% im Vergleich zum Vorjahr im November an der Spitze steht – der höchste Anstieg unter den 50 größten Metropolregionen in den USA. Weitere bemerkenswerte Anstiege wurden in San Jose (26,2%), Seattle (19,5%), San Francisco (17,7%), Sacramento (17,6%) und San Diego (15,2%) verzeichnet. In ganz Amerika stiegen die Verkaufszahlen um 4,8%. Diese Märkte haben mittlere Verkaufspreise, die über dem nationalen Median von $430.107 liegen. Die neuen Angebote in Portland sanken um 20,3%, der deutlichste Rückgang nach Austin, TX. Auch in Oakland, San Jose und Sacramento sanken die neuen Angebote stärker als der nationale Durchschnitt von 6,6%. Im Bay Area wurden über die Hälfte der verkauften Häuser zu einem Preis verkauft, der über dem Angebotspreis lag, wobei San Jose bei 58,6% und San Francisco bei 52,9% lag. Auf nationaler Ebene wurden 26,6% der Häuser über dem Listenpreis verkauft. Die mittleren Verkaufspreise in San Jose und San Francisco liegen bei $1,5 Millionen.
- Home sales in Portland, OR surged 27.6% year-over-year.
- San Jose, Seattle, San Francisco, Sacramento, and San Diego saw double-digit increases in home sales.
- Nationwide home sales rose by 4.8%.
- Over half of the homes in the Bay Area sold for more than their asking price.
- Median sale prices in San Jose and San Francisco are $1.5 million.
- New listings in Portland decreased by 20.3%, the largest drop after Austin, TX.
- New listings in Oakland, San Jose, and Sacramento fell more than the national average of 6.6%.
Insights
The surge in West Coast home sales, particularly in premium markets, reveals a fascinating market dynamic. Portland's
The Bay Area's performance is especially telling, with San Jose seeing
For investors, this data suggests two key insights: 1) The luxury segment's resilience in tech-centric markets challenges the narrative of coastal market weakness and 2) The supply-demand imbalance in these markets could sustain price appreciation, particularly in premium neighborhoods with strong school districts.
This report presents compelling evidence of a bifurcated housing market recovery. The concentrated strength in high-cost West Coast markets, particularly in areas with median prices well above the national
The persistence of multiple-offer scenarios in Silicon Valley, even for properties in the
Home sales are up
All the aforementioned markets have median sale prices above the national median of
Early-stage homebuying activity has been picking up across the country since the election. But some West Coast markets may be gaining steam especially quickly in part because a shortage of homes for sale is keeping competition afloat.
New listings in
"There's low inventory, so if a house checks all the boxes, it's selling very quickly with multiple offers,” said Bay Area Redfin Premier real estate agent Josh Felder. “Even homes in the
Over Half of Homes in the Bay Area Are Selling for More Than Their Asking Price
The Bay Area—the most expensive housing market in the country—is also home to three of the five
In
To view the report, please visit: https://www.redfin.com/news/west-coast-home-sales-2024/
About Redfin
Redfin (www.redfin.com) is a technology-powered real estate company. We help people find a place to live with brokerage, rentals, lending, and title insurance services. We run the country's #1 real estate brokerage site. Our customers can save thousands in fees while working with a top agent. Our home-buying customers see homes first with on-demand tours, and our lending and title services help them close quickly. Our rentals business empowers millions nationwide to find apartments and houses for rent. Since launching in 2006, we've saved customers more than
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View source version on businesswire.com: https://www.businesswire.com/news/home/20241223881877/en/
Contact Redfin
Redfin Journalist Services:
Angela Cherry
press@redfin.com
Source: Redfin
FAQ
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