7 Metros With Largest Median Price Gains
Daily Real Estate News | Monday, June 04, 2012
Several metro areas are seeing home prices rebounding in the last year. According to Realtor.com data of 146 housing markets in April, the following markets have seen the largest increases in median list prices year-over-year:
Phoenix-Mesa, Ariz.
- Year-over-year increase (April 2012 to April 2011): 25.01%
- Median list price: $184,900
Miami
- Year-over-year increase: 15.06%
- Median list price: $275,000
Boise City, Idaho
- Year-over-year increase: 12.05%
- Median list price: $162,374
Washington, D.C.-Md.-Va.-W.Va.
- Year-over-year increase: 9.76%
- Median list price: $279,888
Santa Barbara-Santa Maria-Lompoc, Calif.
- Year-over-year increase: 9.38%
- Median list price: $545,000
Portland-Vancouver, Ore.-Wash.
- Year-over-year increase: 8.84%
- Median list price: $244,900
Minneapolis-St. Paul, Minn.-Wis.
- Year-over-year increase: 7.01%
- Median list price: $199,500
By Melissa Dittmann Tracey, REALTOR® Magazine Daily News
