Where are people moving?
Nationwide, 24% of homebuyers searched to move to a different metro area between Nov ’23 – Jan ’24. The top 5 states homebuyers searched to move to were Florida, North Carolina, Arizona, Tennessee, and South Carolina while California, New York, Illinois, Washington, and Massachusetts were the top 5 states homebuyers searched to move from.
Top 10 areas people are moving from:
Metros
Nov ’23 – Jan ’24
1 San Francisco, CA 26,800
2 Los Angeles, CA 26,700
3 New York, NY 25,900
4 Seattle, WA 18,000
5 Washington, DC 14,700
6 Chicago, IL 9,800
7 Boston, MA 6,700
8 Philadelphia, PA 3,500
9 Denver, CO 2,900
10 Dallas, TX 1,800
Metros
Nov ’23 – Jan ’24
1 San Francisco, CA 26,800
2 Los Angeles, CA 26,700
3 New York, NY 25,900
4 Seattle, WA 18,000
5 Washington, DC 14,700
6 Chicago, IL 9,800
7 Boston, MA 6,700
8 Philadelphia, PA 3,500
9 Denver, CO 2,900
10 Dallas, TX 1,800
Top 10 areas people are moving to Inbound Net inflow Metros
Nov ’23 – Jan ’24
1 Sacramento, CA 5,700
2 Las Vegas, NV 4,800
3 Sarasota, FL 4,600
4 Cape Coral, FL 4,600
5 Phoenix, AZ 4,300
6 Orlando, FL 4,000
7 Myrtle Beach, SC 3,700
8 Salisbury, MD 3,300
9 Hilo, HI 2,900
10 Jacksonville, FL 2,900
Nov ’23 – Jan ’24
1 Sacramento, CA 5,700
2 Las Vegas, NV 4,800
3 Sarasota, FL 4,600
4 Cape Coral, FL 4,600
5 Phoenix, AZ 4,300
6 Orlando, FL 4,000
7 Myrtle Beach, SC 3,700
8 Salisbury, MD 3,300
9 Hilo, HI 2,900
10 Jacksonville, FL 2,900
The methodology used is based on a sample of about two million Redfin.com users who searched for homes across more than 100 metro areas.