GGC– Anaheim’s housing market has achieved a remarkable milestone, joining the ranks of U.S. metro areas with a total home value surpassing $1 trillion.
As reported by real estate portal Redfin, Anaheim’s home values have climbed by 12.1% in the past year, mirroring a larger trend across the U.S. housing market.
The number of trillion-dollar housing markets in the country has doubled over the last year, with Anaheim now among well-established metro areas such as Los Angeles, New York, Atlanta, and Boston.
Chicago, Phoenix, and Washington, D.C., have also surpassed the trillion-dollar threshold in the past year, with San Diego close behind.
“The value of America’s housing market will likely cross the $50 trillion threshold in the next 12 months as there are not enough homes being listed to push prices down,” stated Redfin Economics Research Lead Chen Zhao. “Mortgage rates have started falling, but many potential sellers and buyers are waiting to make a move, meaning we are likely to continue seeing a pattern where prices slowly tick up.”
Anaheim’s ascension to trillion-dollar status reflects its evolution from a suburban area to a significant economic hub in Southern California. The city hosts major attractions like Disneyland, Angel Stadium, Honda Center, and a major convention center, alongside a relatively low unemployment rate of 4%.
Trillion-Dollar Club: Top 10 Metros By Aggregate Home Value
| Metro | Aggregate Home Value | Year over Year Increase | |
| 1 | New York, NY | $2,479,781,753,057 | $189,976,135,666 |
| 2 | Los Angeles, CA | $2,188,583,730,489 | $127,975,276,850 |
| 3 | Atlanta, GA | $1,287,842,232,673 | $62,317,379,190 |
| 4 | Boston, MA | $1,275,370,527,296 | $85,007,545,179 |
| 5 | Anaheim, CA | $1,118,903,198,701 | $121,035,890,228 |
| 6 | Chicago, IL | $1,078,649,184,844 | $84,942,434,115 |
| 7 | Washington, DC | $1,053,880,089,173 | $67,099,426,402 |
| 8 | Phoenix, AZ | $1,001,000,889,736 | $52,632,267,259 |
| 9 | San Diego, CA | $986,866,999,457 | $87,633,883,434 |
| 10 | Seattle, WA | $970,865,521,164 | $75,384,091,030 |
Redfin data shows Cape Coral, Florida, was the only metro area to record a decline in total home value, falling 1.6% to $204.2 billion.
