The real estate market is in a constant state of flux, with homebuyers seeking new opportunities and better lifestyles in different parts of the country. In August 2023, we witnessed significant shifts in where homebuyers are choosing to move and which metros they are leaving behind. In this article, we'll explore the top 10 metros that are attracting homebuyers and the metros they are bidding farewell to.
Metros Homebuyers Are Moving Into, by Net Inflow
| Rank | Metro | Net Inflow, August 2023 | Top Out-of-State Origin |
| #1 | Sacramento, CA | 5,100 | Chicago, IL |
| #2 | Las Vegas, NV | 5,000 | Los Angeles, CA |
| #3 | Orlando, FL | 4,300 | New York, NY |
| #4 | North Port-Sarasota, FL | 4,000 | New York, NY |
| #5 | Tampa, FL | 4,000 | New York, NY |
| #6 | Myrtle Beach, SC | 3,700 | Washington, D.C. |
| #7 | Cape Coral, FL | 3,600 | Chicago, IL |
| #8 | Dallas, TX | 3,400 | Los Angeles, CA |
| #9 | Portland, ME | 3,300 | Boston, MA |
| #10 | Houston, TX | 3,100 | New York, NY |
Metros Homebuyers Are Leaving, by Net Outflow
| Rank | Metro | Net Outflow, August 2023 | Top Out-of-State Destination |
| #1 | San Francisco, CA | 26,900 | Seattle, WA |
| #2 | New York, NY | 25,300 | Miami, FL |
| #3 | Los Angeles, VA | 20,200 | Las Vegas, NV |
| #4 | Washington, D.C. | 14,500 | Salisbury, MD |
| #5 | Chicago, IL | 5,000 | Milwaukee, WI |
| #6 | Boston, MA | 4,600 | Portland, ME |
| #7 | Hartford, CT | 3,400 | Boston, MA |
| #8 | Detroit, MI | 2,200 | Cape Coral, FL |
| #9 | Denver, CO | 2,100 | Chicago, IL |
| #10 | Seattle, WA | 2,100 | Phoenix, AZ |
Source: Redfin
The real estate landscape is dynamic, influenced by a myriad of factors. In August 2023, these ten metros emerged as the most popular destinations for homebuyers, each offering unique advantages and opportunities. Whether it's the allure of California, the appeal of Florida's warm climate, or the opportunities in Texas, these metros have something for everyone.
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