Where Home Prices Are Rising by the Most

DAILY REAL ESTATE NEWS | MONDAY, JULY 22, 2013

Property values are on the rise nationally, bumping up 5.27 percent higher in June than year ago levels, according to data from realtor.com®. But some markets are seeing asking prices rise by 30 percent or more in that time.

Realtor.com® reports the following metros are seeing the largest year-over-year median list price increases:

1. Oakland, Calif.: +36.77%

  • Median list price: $492,250

2. Sacramento, Calif.: +34.42%

  • Median list price: $289,000

3. Orange County, Calif.: +31.70%

  • Median list price: $565,000

4. Detroit: +31.31%

  • Median list price: $130,000

5. Stockton-Lodi, Calif.: +31.30%

  • Median list price: $209,950

6. Phoenix-Mesa, Ariz.: +30.50%

  • Median list price: $234,900

7. Los Angeles-Long Beach, Calif.: +29.50%

  • Median list price: $439,000

8. Ventura, Calif.: +26.65%

  • Median list price: $499,900

9. San Jose, Calif.: +25%

  • Median list price: $675,000

10. Reno, Nev.: +24.56%

  • Median list price: $249,000

Source: realtor.com®

Read more

Are Home Prices Rising Too Fast?

 

http://realtormag.realtor.org/daily-news/2013/07/22/where-home-prices-are-rising-most

 

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