Daily Real Estate News | Wednesday, November 02, 2011
Which cities are seeing median list prices increase the most? Nationally, median list prices have risen 1.60 percent to $190,000, according to year-over-year listing data from September 2011 by Realtor.com, based on 146 markets.
Yet, in some cities, median list prices in that time frame have risen more than 20 percent. Florida cities, in particular, are continuing to see some of the largest rebounds in list prices.
Here are the 10 cities that have seen the largest percentage increases in median list prices based on year-over-year data from September:
1. Fort Myers-Cape Coral, Fla.
Year-over-year median list price increase: 34.46%
Median list price: $215,000
2. Miami, Fla.
Year-over-year median list price increase: 25.63%
Median list price: $250,000
3. Naples, Fla.
Year-over-year median list price increase: 23.41%
Median list price: $369,000
4. Sarasota-Bradenton, Fla.
Year-over-year median list price increase: 16.53%
Median list price: $233,000
5. Punta Gorda, Fla.
Year-over-year median list price increase: 14.07%
Median list price: $169,000
6. Shreveport-Bossier City, La.
Year-over-year median list price increase: 12.22%
Median list price: $176,750
7. Lakeland-Winter Haven, Fla.
Year-over-year median list price increase: 11.93%
Median list price: $129,500
8. Fort Wayne, Ind.
Year-over-year median list price increase: 11.77%
Median list price: $112,000
9. Daytona Beach, Fla.
Year-over-year median list price increase: 11.32%
Median list price: $178,000
10. Boise City, Idaho
Year-over-year median list price increase: 10.58%
Median list price: $150,000
NOW is a good time to buy!
By Helena Nordstrom, Team Nordstrom, Realtor Signature Sothebys International Realty in Sarasota, Florida