ALEX Labs. Top 10 US Metro Areas with Largest Net Inflow of New Residents. Plus ALEX Studios Graph Number of Homes for Sale and Changes in Home Sale Prices Year Over Year.

ALEX’S PERSPECTIVES

Hello from ALEX Labs. ALEX Labs, ALEX Relo and ALEX Studios contributed to this article.

Specific to Texas, DFW ranked #2 only behind Phoenix in net inflow of new residents. Austin ranked #5.

In reduction of homes for sale, DFW ranked #1 with a 36% reduction in homes for sale year over year.

In price increases year over year, Austin was tied for 2nd highest only behind Phoenix.

Source: https://www.redfin.com/news/homebuyer-popular-destinations-housing-shortage-2020/

REDFIN’S PERSPECTIVES

“…Phoenix gained roughly 80,000 new residents in 2020, a bigger net inflow than any other metro area. Next come Dallas, with a net inflow of 75,000, and Orlando, which welcomed 60,000 new residents. They’re followed by Tampa, Austin, Las Vegas, Atlanta, Greenville, SC, Charlotte and Knoxville.

Those are all relatively affordable areas, with the typical home selling for close to or less than the national median of $335,000. Southern metros dominate the most popular destinations, and they’re joined by two Southwestern places—Phoenix and Las Vegas—that are popular with people leaving coastal California…”

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