Nationwide, median asking prices continue to rise, reaching $189,900 in February. Meanwhile, inventories of for-sale homes on the market are reaching record lows, Realtor.com reports in its latest analysis of February MLS data.
The markets seeing some of the largest increases in asking prices are the areas seeing some of the largest declines in inventories. California housing markets continue to post some of the largest price increases in the past year, but other strong performing markets also include Phoenix, Seattle, and Denver.
The following are the seven metros that have seen the largest increases in median asking prices in the past year:
Sacramento, Calif.
- Median list price: $279,900
- Year-over-year increase: 40.30%
Santa Barbara-Santa Maria-Lompoc, Calif.
- Median list price: $689,950
- Year-over-year increase: 38.01%
Oakland, Calif.
- Median list price: $419,000
- Year-over-year increase: 30.93%
San Jose, Calif.
- Median list price: $607,000
- Year-over-year increase: 29.45%
San Francisco
- Median list price: $769,000
- Year-over-year increase: 25.71%
Phoenix-Mesa, Ariz.
- Median list price: $218,000
- Year-over-year increase: 24.64%
Fresno, Calif.
- Median list price: $188,900
- Year-over-year increase: 21.87%
Source: Realtor.com
Read more
arizona homes sale, arizona house,arizona real estate, az houses, az real estate, business, chief economist, economy, for sale by owner, FSBO, gilbert arizona, gilbert az, gilbert real estate, home for sale in arizona, homes for sale in san tan valley az, homes for sale in san tan valley az san tan valley arizona arizona homes sale home for sale in arizona real estate az real estate arizona arizona real estate san tan san tan heights homes in az for sa,homes for sale valley, homes in az for sale, houses for sale, houses in Arizona for sale, how to sell my home, johnson ranch, queen creek,queen creek arizona, queen creek az, real estate arizona, real estate az, real-estate, san tan, san tan heights, san tan valley arizona, san tan valley real estate, Selling my home, short selling my home, valley homes sale, where is san tan valley az
No comments:
Post a Comment