Today’s letter is brought to you by Lennar Investor Marketplace!

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Home price shift across America’s biggest counties

Last week, ResiClub created five tables showing year-over-year metro-area home price shifts for the September-to-September window in each year of the past decade, broken out by the nation’s major regions. For today’s piece, we’ll show the same cuts, but across the biggest counties.

Among the nation’s 50 largest West Coast metro area housing markets (keep in mind, Arizona falls into our Southwest group)…

  • “Strongest”: San Francisco County, CA —> +15.5% YoY

  • “Weakest”: Adams County, CO —> -2.6% YoY

Among the nation’s 30 largest Southwest metro area housing markets…

  • “Strongest”: Jefferson County, TX —> +4.1% YoY

  • “Weakest”: Williamson County, TX (Austin’s northern burbs) —> -4.8% YoY

Among the nation’s 50 largest Southeast metro area housing markets…

  • “Strongest”: Pulaski County, AR (Little Rock)—> +4.0% YoY

  • “Weakest”: Lee County, FL (Fort Myers/Cape Coral) —> -3.5% YoY

Among the nation’s 40 largest Northeast metro area housing markets…

  • “Strongest”: Westchester County, NY (affluent NYC suburbs) —> +7.8% YoY

  • “Weakest”: Baltimore City —> -3.9% YoY

Note: Baltimore City is a county equivalent. Four states have independent cities that sit outside any county. Virginia has by far the most, including Richmond, Norfolk, and Virginia Beach. Maryland has one (Baltimore City), Missouri has one (St. Louis City), and Nevada has one (Carson City).

Among the nation’s 40 largest Midwest metro area housing markets…

  • “Strongest”: Wayne County, MI (Detroit) —> +6.0% YoY

  • “Weakest”: Marion County, IN (Indianapolis) —> -0.8% YoY

ResiClub is hosting ResiDay 2026 on Friday, November 6 in NYC—2 weeks to go 👀🏡📊

ResiDay is back for the third straight year.

We’ll look at risks and opportunities across regional housing markets, homebuilding, and BTR.

Some of our top speakers this year include QXO CEO Brad Jacobs and KB Home's new CEO Rob McGibney. Last year, we had 260 attendees—this year we’ll have an even bigger turnout.

Top ad disclaimer provided by Lennar:
The estimated capitalization rate (cap rate) is provided for informational purposes only and is based on current market conditions and available data. Actual returns and property performance may vary and are not guaranteed. The estimated cap rate does not account for all factors, such as financing costs, taxes, or future market fluctuations. Interested parties should conduct their own independent analysis and seek professional advice before making any investment decisions. Past performance is not indicative of future results. Lennar makes no guarantee of present or future market conditions. Forecasts, projections and other predictive statements should never be relied upon. You should consult your own accounting, legal and tax advisors to evaluate the risks, consequences and suitability of any real estate transaction. Features, amenities, floor plans, elevations, and designs vary and are subject to changes or substitution without notice. Items shown are artist’s renderings and may contain options that are not standard on all models or not included in the purchase price. Availability may vary. Please see a New Home Consultant and/or home purchase agreement for actual features designated as an Everything’s Included feature. This is not an offer in states where prior registration is required. Void where prohibited by law. Copyright © 2026 Lennar Corporation. All rights reserved. Lennar, the Lennar logo and Everything's Included are U.S. registered service marks or service marks of Lennar Corporation and/or its subsidiaries. Alabama – Lennar Homes Coastal Realty, LLC. / Arizona – Lennar Sales Corp.; HSP Arizona, Inc. ROC 242267B-2; ROC 138431B; ROC 144869A; Lennar Arizona Construction, Inc. ROC 228129B; Lennar Arizona, Inc. d/b/a Lennar Homes ROC 232731B; Lennar Communities Development, Inc. ROC 137295KA / California – CalAtlantic Group, Inc. (Responsible Broker: Joanna Duke) #02058246; BMR Construction, Inc. 830955; Lennar Sales Corp. (Responsible Broker: Joanna Duke) #01252753; CalAtlantic Group, Inc. 1037780; Lennar Communities, Inc. 66241; Lennar Homes of California, Inc. 728102 / Florida – Lennar Realty, Inc.; Lennar Homes, LLC CBC038894; CGC062343, CGC1518166, CBC1257529, CGC1523282, CBC1260831, CGC1526578, CBC051237; Standard Pacific of Florida GP, Inc. CGC1506052, CGC1517342; U.S. Home Corporation CGC1518911; WCI Communities, LLC CGC031523 / Idaho – RCE - 57241 / Maryland – CalAtlantic Group, Inc. MHBR No. 128; U.S. Home Corporation MHBR No. 316 / Minnesota – Lennar Sales Corp; CalAtlantic Group, LLC, BC736565; U.S. Home, LLC, BC001413 U.S. Home, LLC / Nevada – Lennar Sales Corp.; Greystone Nevada, LLC 48844; Ryland Homes Nevada, LLC; Lennar Reno, LLC 64226; Ryland Homes Nevada, LLC 56652 / New Jersey – Lennar Sales Corp. / North Carolina – Lennar Sales Corp. / Oregon – Lennar Sales Corp. #201206464; Lennar Northwest, Inc. CCB #195307 / Pennsylvania – Lennar Sales Corp. / South Carolina – Lennar Carolinas, LLC / Tennessee – Lennar Sales Corp. ph. 615-465-4328 / Utah – Lennar Homes of Utah, Inc. / Washington – Lennar Sales Corp.; CalAtlantic Homes of Washington, Inc. CALATHW836LR; Lennar Northwest, Inc.LENNAN1893QG / West Virginia – US Home Corporation d/b/a Lennar; #WV060106. Date 10/26

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