2018 Q2 National Inventory and Price Watch | |||
Change from… | |||
Metric | In 2018 Q2 | Last Quarter | Last Year |
Inventory | 1,231,100 | 12.2% | -5.3% |
Price | $275,000 | 4.8% | 5.8% |
Affordability | 28.4% | 1.9 | 2.2 |
Note: Inventory and price changes are percentage differences. Affordability changes are percentage point differences. |
Most Unaffordable Metros | ||||||
Metro | Inventory | Price | Affordability | |||
Q2 2018 | YoY Pct. Change | Q2 2018 | YoY Pct. Change | Q2 2018 | YoY Pct. Pt. Change | |
San Francisco, CA | 1,077 | -0.8% | $1,330,390 | 9.0% | 65.9% | 7.3 |
New York, NY | 44,800 | 1.1% | $715,454 | 3.9% | 64.6% | 3.9 |
Los Angeles, CA | 11,269 | 2.9% | $659,000 | 4.6% | 58.8% | 4.2 |
Miami, FL | 19,528 | 3.1% | $398,900 | 3.6% | 54.6% | 3.0 |
San Jose, CA | 1,322 | -3.8% | $1,099,000 | 22.2% | 54.2% | 11.2 |
Anaheim, CA | 5,572 | 0.4% | $799,000 | 5.3% | 52.7% | 4.1 |
San Diego, CA | 5,911 | 22.1% | $649,833 | 8.5% | 50.7% | 5.3 |
Ventura, CA | 1,537 | 13.3% | $649,950 | 0.5% | 44.9% | 1.5 |
Oakland, CA | 2,401 | -3.7% | $719,426 | 5.1% | 44.4% | 3.3 |
Boston, MA | 4,045 | 0.0% | $558,429 | 5.9% | 42.0% | 3.3 |
10 Metros with Largest Inventory Growth | ||
Metro | Q2 2018 YoY Pct. Change | Q2 2017 YoY Pct. Change |
Nashville, TN | 52.0% | -11.6% |
Salt Lake City, UT | 48.6% | -16.0% |
Fort Worth, TX | 34.8% | -8.9% |
Dallas, TX | 32.4% | 12.7% |
Greensboro, NC | 23.2% | -21.4% |
San Diego, CA | 22.1% | -27.8% |
Washington, DC | 21.9% | -19.5% |
Portland, OR | 21.5% | 1.9% |
Silver Spring, MD | 16.2% | -14.8% |
Little Rock, AR | 13.4% | -22.2% |