Housing Prices Stagnant & Dropping - Yes, It CAN happen - and is
From Trulia
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Home listing prices are flat in these 10 markets — is the housing boom finally cooling?In six of the nation’s 100 largest housing markets, the median listing price has remained unchanged or dropped from 2017 levels, according to research from real-estate website Trulia. And in another four markets, the median listing price has risen by less than 1% year over year.
| Housing markets where median listing prices have not risen | ||
| Metro Area | Median Listing Price | 1-year change in median listing price |
| San Antonio, Texas | $269,499 | -5.4% |
| Austin, Texas | $336,995 | -3.4% |
| Honolulu | $630,000 | -1.4% |
| Camden, N.J. | $174,900 | 0% |
| Milwaukee, Wis. | $229,900 | 0% |
| Sacramento, Calif. | $429,000 | 0% |
| Houston | $299,520 | 0.4% |
| Dallas-Ft. Worth | $356,999 | 0.5% |
| Sarasota, Fla. | $332,245 | 0.7% |
| Denver | $453,990 | 0.9% |
For some of the markets where median listing prices decreased or stagnated, such as Honolulu or Sarasota, Fla., this change appears to be indicative of stabilization after a long bull run in these local housing markets, Trulia noted. The median listing price has risen 21% in Sarasota and nearly 18% in Honolulu since March 2015.