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The 10 U.S. Cities Where Home Sales Have Declined Most

Writer: Cyndi Cummings
Cyndi Cummings
Mar 2, 2023
1 min read

The landscape of the real estate market has gone through significant changes over the last year. Home prices are still considerably higher in many places compared to pre-pandemic prices. In addition, we saw a significant increase in interest rates in 2022. Throw in a lack of inventory in many places, job uncertainty for some, and we have seen a market slowdown across much of the U.S. If you're wondering where the home sales have slowed most, read on for the top 10 cities. The data is from November 2021 - November 2022.


Top 10 U.S. Cities Where Home Sales Have Declined the Most

  1. Tucson, Arizona: Year-over-year change is -64.9%

  2. Las Vegas, Nevada: Year-over-year change -60.2%

  3. Charleston, South Carolina: Year-over-year change -58.2%

  4. Ventura, California: Year-over-year change -53.1%

  5. Salt Lake City, Utah: Year-over-year change - 53%

  6. Jacksonville, Florida: Year-over-year change -52.2%

  7. Colorado Springs, Colorado: Year-over-year change -48.3%

  8. Atlanta, Georgia: Year-over-year change -47.5%

  9. Raleigh, North Carolina: Year-over-year change -47%

  10. Washington, DC: Year-over-year change -45.8%


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