Among the top 15 metro areas, Los Angeles metro area experienced the highest YoY change in median sale prices from May to July 2024, with a notable 12.0% increase, raising its median price to $1,120,000. New York and Philadelphia metro areas also saw substantial YoY gains of 10.8% and 8.8%, respectively. Austin metro area saw the most significant decline, with a 4.6% drop, reducing its median price to $439,000, when compared to the same period last year.