Western markets continue to be the most expensive places in America to buy single-family homes, according to the National Association of Realtors (NAR).
Four of the five priciest markets are in California, and three are in Colorado, according to a second-quarter 2022 report from the NAR. Four are in the Northeast, and one is in Florida.
The NAR data is from sales recorded through June. The market has peaked since then, and double-digit declines in pending home sales are now being reported nationally. However, these top 15 markets would have a long way to fall before they got anywhere near the median national sales price of $413,500 reported by the NAR at midyear.
5 Stocks Under $49
Presented by Motley Fool Stock Advisor
We hear it over and over from investors, "I wish I had bought Amazon or Netflix when they were first recommended by The Motley Fool. I'd be sitting on a gold mine!" It's true, but we think these 5 other stocks are screaming buys. And you can buy them now for less than $49 a share! Click here to learn how you can grab a copy of "5 Growth Stocks Under $49" for FREE for a limited time only.
Invest better with The Motley Fool. Get stock recommendations, portfolio guidance, and more from The Motley Fool's premium services.