The U.S. median home sales price hit a “record high” of $400,125 for the four weeks ending June 29, up 1.4 percent from last year, real estate brokerage Redfin said in a July 3 statement.
Among the 50 most populous U.S. metros, Detroit saw the largest year-over-year jump in median sales price at 10.1 percent, with Newark, New Jersey, a close second at 9.4 percent. This was followed by Cleveland; Nassau County, New York; and New York City.
