What’s quietly inflating your client’s housing costs after closing
In Los Angeles County, the same pattern holds: severe or extreme risk homes are priced at 75% of safer counterparts and draw 23% more listing views.
Not every market offers a discount, though. In Anne Arundel County, Maryland, severe or extreme risk homes are priced 44% higher than the price per square foot of lower-risk homes, driven by Chesapeake Bay waterfront access.
In Llano County, Texas, severe or extreme risk homes trade at twice the price of comparable lower-risk properties, reflecting demand for Hill Country ranches and river retreats.
“Price is still the biggest motivator for a lot of home shoppers, even in places where climate risk is well known,” said Jiayi Xu, economist at Realtor.com.
“But that doesn’t mean the risk disappears. It shows up later, in insurance premiums, HOA fees and financing, often after the sale is already done.”
