, the largest real estate listing platform in the US, Business Insider determined which metro areas saw a drop in prices in April, and which metro areas saw an increase in prices.
Of the 100 largest metro areas listed, 10 are located in California, and the state of the April median listing price in each varies.The coronavirus outbreak brought most housing markets around the US to a halt by mid March. While some major markets are preparing to open up again, almost all were operating under strict stay-at-home orders during the month of April.
These restrictions forced prospective buyers and eager sellers to turn to virtual tours as an alternative way to shop and advertise homes. But despite the use of applications like Zoom and FaceTime, the upward momentum the industry experienced in the beginning of 2020 reversed its course as a result of the pandemic.
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