2016 in US Real Estate
The numbers, the markets, the deals. A year of US housing — distilled.
Year in Review
+3.7%
Total sales
282,786
+0.2%
Total volume
$104.85B
-3.4%
Median price
$370.8K
Year
2016
2016 — month by month
Top 10 most expensive sales of 2016
| # | Address | City | Price |
|---|---|---|---|
| 1 | Melvin Ln | El Cajon, CA | $495M |
| 2 | 15 NIVES CT | Sparks, NV | $475M |
| 3 | 1234 SOUTHWICK LN | Lincoln, CA | $471M |
| 4 | Conchita Rd | Valley Center, CA | $469M |
| 5 | 255 N SIERRA ST UNIT 404 | Reno, NV | $465M |
| 6 | Crawley Ln | Pioneer, CA | $419.5M |
| 7 | Mosaic Way | Elk Grove, CA | $396.9M |
| 8 | Mustic Way | Mather, CA | $380M |
| 9 | Grenoble Dr | Woodland, CA | $379.5M |
| 10 | Evans Rd | Dixon, CA | $329M |
Memorable stat: biggest flip
Flip of the year
+1,000.0%
$150K → $1.65M in 179 days.
7317 CAVERNA DR, Los Angeles, CA
Hottest markets — top 10 cities by appreciation
| # | City | Median | 2016 vs 2015 |
|---|---|---|---|
| 1 | Rio Vista, CA | $7.3M | +2,394.9% |
| 2 | Woodland, CA | $5.97M | +1,654.4% |
| 3 | Union, KY | $2.88M | +1,262.9% |
| 4 | Bessemer, AL | $1.47M | +1,068.6% |
| 5 | Sparks, NV | $3.39M | +1,055.0% |
| 6 | Beloit, WI | $850.5K | +912.5% |
| 7 | Tucker, GA | $1.45M | +843.2% |
| 8 | Taylors, SC | $1.26M | +838.9% |
| 9 | Aldie, VA | $4.8M | +634.4% |
| 10 | Spanaway, WA | $1.48M | +619.3% |
Cooling markets — bottom 10 cities
| # | City | Median | 2016 vs 2015 |
|---|---|---|---|
| 1 | Panama City Beach, FL | $221.7K | -98.5% |
| 2 | Conway, SC | $196K | -95.7% |
| 3 | Panama City, FL | $229.1K | -93.2% |
| 4 | Wellington, CO | $287.8K | -91.8% |
| 5 | Apex, NC | $673.8K | -86.2% |
| 6 | Dayton, NV | $308.3K | -83.1% |
| 7 | Aurora, CO | $345.8K | -82.1% |
| 8 | Sunnyvale, CA | $974.4K | -81.7% |
| 9 | Marana, AZ | $739.3K | -78.8% |
| 10 | Wake Forest, NC | $518K | -77.8% |