The Top 7 Housing Markets for 2019

January 2nd, 2019 by

According to Realtor.com, these are the top 7 housing markets for 2019:

 

  1. Lakeland, Fla.
  • Median list price: $224,950
  • Predicted sales growth: 5%
  • Predicted price growth: 7.4%

 

  1. Grand Rapids, Mich.
  • Median list price: $278,750
  • Predicted sales growth: 4%
  • Predicted price growth: 8.2%

 

  1. El Paso, Texas
  • Median list price: $175,050
  • Predicted sales growth: 7.9%
  • Predicted price growth: 2.5%

 

  1. Chattanooga, Tenn.
  • Median list price: $269,950
  • Predicted sales growth: 5.2%
  • Predicted price growth: 4.3%

 

  1. Phoenix
  • Median list price: $329,975
  • Predicted sales growth: 3.6%
  • Predicted price growth: 5.6%

 

  1. Bridgeport, Conn.
  • Median list price: $749,050
  • Predicted sales growth: 5%
  • Predicted price growth: 4%

 

  1. Las Vegas
  • Median list price: $320,049
  • Predicted sales growth: 0.9%
  • Predicted price growth: 7.9%

 

Realtor.com’s economic team identified these top metros where both the number of sales and the home prices are expected to move higher in 2019. Researchers also evaluated new home construction in the top 100 largest markets against the local economies and population trends of the areas.

This means that real estate brokers and mortgage professionals need to take a close look at the top 7 housing markets for 2019  and plan their marketing efforts accordingly.