Asking Prices Post Big Jumps in These 8 Cities
July 20, 2012
Median list prices nationwide have risen 2.68 percent in the last year to $195,000, according to June housing data from Realtor.com of 146 metro markets. But in some markets across the country, asking prices have soared even more, in some cases jumping even more than 30 percent in the past year.
The following are the eight metro areas that posted the largest jumps in median list prices in June of this year compared to June 2011:
1. Santa Barbara-Santa Maria-Lompoc, Calif.
Year-over-year increase to median list prices: 33.14 percent
Median list price: $699,000
2. Phoenix-Mesa, Ariz.
Year-over-year increase: 32.19 percent
Median list price: $185,000
3. San Francisco
Year-over-year increase: 15.44 percent
Median list price: $725,000
4. Boise City, Idaho
Year-over-year increase: 14.94 percent
Median list price: $170,000
5. Oakland, Calif.
Year-over-year increase: 14.84 percent
Median list price: $379,000
Year-over-year increase: 14.34 percent
Median list price: $275,000
7. Fort Myers-Cape Coral, Fla.
Year-over-year increase: 14.30 percent
Median list price: $239,925
8. Washington, D.C.-Md.-Va.-W. Va.
Year-over-year increase: 14 percent
Median list price: $284,990
By Melissa Dittmann Tracey, REALTOR® Magazine Daily News
Updated: June 19, 2018