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【Zillow】In Coronavirus' Wake, Listings of Expensive Homes Fell Farther & Faster than More-Affordable Homes

【Zillow】In Coronavirus' Wake, Listings of Expensive Homes Fell Farther & Faster than More-Affordable Homes

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  • New listings are down 39% year-over-year overall. But new listings of the most-expensive homes are down 46%, while the least-expensive homes are down only 32%.
  • Because of this composition change, growth in the median list price has lagged behind home value growth of recent months. 
  • Listings of the most-expensive homes began to fall below 2019 levels on March 18, while the most-affordable listings did not fall into negative year-over-year territory until more than a week later.  

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