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The latest migration analysis is based on a sample of more than 1 million Redfin.com users who searched for homes across 87 metro areas from January through March.
"People are feeling more confident about the economy and now feel financially secure enough to make a cross-country move to a metro where their money will go further," said Redfin chief economist
Moving In: Metros with the Highest Net Inflow of Redfin Users
The net inflow for
"It is pretty rare for me to meet a home-buying client who was born or raised in
The uptick in migration is beginning to drive more competition for homes in the
"Many of the buyers I work with are moving away from expensive places in
Top 10 Metros by Net Inflow of Users and Their Top Origins |
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Rank |
Metro* |
Net Inflow |
Net Inflow |
Portion of 2019 Q1 |
Portion of 2018 Q1 |
Top Origin |
Top Out-of- |
|
1 |
Phoenix, AZ |
7,949 |
6,097 |
34.50% |
33.60% |
Los Angeles, CA |
Los Angeles, CA |
|
2 |
Sacramento, CA |
5,987 |
4,684 |
41.70% |
39.50% |
San Francisco, CA |
Seattle, WA |
|
3 |
Atlanta, GA |
5,402 |
4,205 |
26.20% |
26.30% |
New York, NY |
New York, NY |
|
4 |
Austin, TX |
4,447 |
2,402 |
31.70% |
26.70% |
San Francisco, CA |
San Francisco, CA |
|
5 |
Miami, FL |
4,400 |
3,024 |
28.40% |
27.70% |
New York, NY |
New York, NY |
|
6 |
Las Vegas, NV |
3,987 |
4,189 |
43.10% |
43.60% |
Los Angeles, CA |
Los Angeles, CA |
|
7 |
Dallas, TX |
3,797 |
2,312 |
24.10% |
23.00% |
Los Angeles, CA |
Los Angeles, CA |
|
8 |
Tampa, FL |
3,536 |
1,802 |
55.80% |
43.90% |
New York, NY |
New York, NY |
|
9 |
San Diego, CA |
2,817 |
2,065 |
23.80% |
24.30% |
Los Angeles, CA |
Seattle, WA |
|
10 |
Raleigh, NC |
2,482 |
1,602 |
31.10% |
28.30% |
New York, NY |
New York, NY |
|
*Combined statistical areas with at least 500 users in Q1 2019 †Negative values indicate a net outflow; among the one million users sampled for this analysis only |
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Moving Out – Metros with the Highest Net Outflow of Redfin Users
Perennial sources of out-migration
Top 10 Metros by Net Outflow of Users and Their Top Destinations |
||||||||
Rank |
Metro* |
Net |
Net |
Portion of Elsewhere 2019 Q1 |
Portion of 2018 Q1 |
Top |
Top Out-of- |
|
1 |
New York, NY |
26,938 |
18,549 |
35.00% |
33.90% |
Boston, MA |
Boston, MA |
|
2 |
San Francisco, CA |
26,366 |
19,884 |
21.40% |
20.70% |
Sacramento, CA |
Seattle, WA |
|
3 |
Los Angeles, CA |
12,934 |
11,607 |
15.80% |
15.30% |
San Diego, CA |
Phoenix, AZ |
|
4 |
Washington, D.C. |
8,543 |
5,743 |
11.60% |
10.90% |
Philadelphia, PA |
Philadelphia, PA |
|
5 |
Chicago, IL |
4,428 |
3,056 |
10.10% |
9.30% |
Phoenix, AZ |
Phoenix, AZ |
|
6 |
Denver, CO |
3,838 |
1,094 |
24.20% |
19.60% |
Seattle, WA |
Seattle, WA |
|
7 |
Seattle, WA |
2,039 |
3,066 |
12.00% |
12.30% |
Los Angeles, CA |
Los Angeles, CA |
|
8 |
Milwaukee, WI |
796 |
198 |
36.40% |
29.10% |
Chicago, IL |
Chicago, IL |
|
9 |
Detroit, MI |
474 |
261 |
21.60% |
25.90% |
Chicago, IL |
Chicago, IL |
|
10 |
Houston, TX |
439 |
664 |
26.30% |
26.40% |
Austin, TX |
Los Angeles, CA |
|
*Combined statistical areas with at least 500 users in Q1 2019 †Among the one million users sampled for this analysis only |
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In each of the six metros with the largest outflows—New York,
To read the full migration report, including methodology and an interactive map of migration destinations and origins, visit: https://www.redfin.com/blog/q1-2019-housing-migration-report.
About Redfin
Redfin (www.redfin.com) is a technology-powered real estate brokerage, combining its own full-service agents with modern technology to redefine real estate in the consumer's favor. Founded by software engineers, Redfin has the country's #1 brokerage website and offers a host of online tools to consumers, including the Redfin Estimate, the automated home-value estimate with the industry's lowest published error rate for listed homes. Homebuyers and sellers enjoy a full-service, technology-powered experience from Redfin real estate agents, while saving thousands in commissions. Redfin serves more than 85 major metro areas across the U.S. and
For more information or to contact a local Redfin real estate agent, visit www.redfin.com. To learn about housing market trends and download data, visit the
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SOURCE Redfin
Redfin, Redfin Journalist Services: Erin Osgood, 206-588-6863, press@redfin.com