”Survey says” looks at various rankings and scorecards judging geographic locations while noting these grades are best seen as a mix of artful interpretation and data.Not only did California house hunters have to pick from far pricier homes in the pandemic era, but the size of what’s on the market shrank, too.My trusty spreadsheet and I reviewed Realtor.com stats on the median size of listings and the per-square-foot pricing of homes on the market.
And compared with 2019, the benchmark California listing was 104 square feet smaller, the 28th largest drop in the U.S. This loss of living space makes rising home costs even more agonizing for buyers. Ponder listings on a price-per-square-foot yardstick. The smallest gains in three years were found in North Dakota at 23%, then Louisiana and West Virginia at 24%, Maryland at 25% and Mississippi at 26%.In 2022, it’s back to the office for many and back to the classroom for the kids. Add in soaring mortgage rates and a homebuying cooldown. Now the less-for-more pace has slowed.
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