Sunday, November 12, 2006
Prices? Unbelievably...still up. Here at least.
The market? It may be a little painful right now...a lot of inventory, a lot of numbers, but one thing is for sure. If you've bought a house one year or more ago, you've probably had some appreciation. On average homes the South (measured by Third quarter) showed 10.7% appreciation year over year. Here is how some National Markets are fairing:
Highest average price:
San Francisco-Oakland-San Jose ($702,298)
Los Angeles-Riverside-Orange County ($555,391)
San Diego ($535,391)
New York-Northern New Jersey-Long Island ($472,042)
Sacramento-Yolo ($403,886)
Five least expensive metropolitan areas (measured by Zindex):
Oklahoma City ($98,323)
San Antonio ($100,108)
Memphis ($106,664)
Dayton-Springfield ($109,162)
Houston-Galveston-Brazoria ($126,821)
Metro areas with the highest Q3 appreciation rates year-over-year:
Jacksonville (19.1%)
Portland-Salem (17.9%)
Orlando (17.6%)
Richmond-Petersburg (16.2%)
Tampa-St. Petersburg-Clearwater (15.9%)
Metro areas with the most Q3 depreciation year-over-year:
Hartford (-3.7%)
Cincinnati-Hamilton (-3.3%)
San Diego (-1.6%)
Boston-Worcester-Lawrence-Lowell-Brockton (-1.5%)
Sacramento-Yolo (-1.1%)
Highest average price:
San Francisco-Oakland-San Jose ($702,298)
Los Angeles-Riverside-Orange County ($555,391)
San Diego ($535,391)
New York-Northern New Jersey-Long Island ($472,042)
Sacramento-Yolo ($403,886)
Five least expensive metropolitan areas (measured by Zindex):
Oklahoma City ($98,323)
San Antonio ($100,108)
Memphis ($106,664)
Dayton-Springfield ($109,162)
Houston-Galveston-Brazoria ($126,821)
Metro areas with the highest Q3 appreciation rates year-over-year:
Jacksonville (19.1%)
Portland-Salem (17.9%)
Orlando (17.6%)
Richmond-Petersburg (16.2%)
Tampa-St. Petersburg-Clearwater (15.9%)
Metro areas with the most Q3 depreciation year-over-year:
Hartford (-3.7%)
Cincinnati-Hamilton (-3.3%)
San Diego (-1.6%)
Boston-Worcester-Lawrence-Lowell-Brockton (-1.5%)
Sacramento-Yolo (-1.1%)
