San Francisco still leads the country in home buyers setting their sights elsewhere.
in the area's home prices. These numbers are determined by how many Redfin.com users were looking to leave an area compared to how many were looking to move in.
According to Redfin, 24.1% of its local users searched for properties outside of the Bay Area in July and August. Their top in-state destination is only a hop, skip and a jump along Interstate 80 away, in Sacramento. The top out-of-state destination for San Francisco home buyers is Seattle. Throughout the U.S., 33.9% of Redfin users were looking to relocate in July and August, a record number. This number was only about 26% before the pandemic.
The report lists Los Angeles as second to San Francisco when it comes to home buyers looking to move elsewhere — close to 35,000 Redfin users in LA searched for homes in different areas in July and August, with their top in-state destination being San Diego and their top out-of-state destination being Las Vegas.
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