Thursday
October 30, 2014

Nationwide List Prices Rise Nearly 7%

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Nationwide List Prices Rise Nearly 7%

Median list prices nationwide increased 6.82 percent in February compared to February 2011, according to the latest data from Realtor.com, tracking 146 markets. 

“The nation’s housing market as a whole are in better shape today than at any time since the 2009-2010 tax credits,” according to Realtor.com’s monthly housing summary. “While higher list prices do not always translate into higher sales prices, they may signal a growing optimism on the part of sellers that the market has begun to turn around.”

Florida continues to be the market seeing some of the biggest increases to median list prices in the last year. The following 10 markets posted the biggest rise in median list prices year-over-year, according to February housing data from Realtor.com. 

1. Miami, Fla.

Year-over-year increase: 26.19%

Median list price: $265,000

2. Phoenix-Mesa, Ariz.

Year-over-year increase: 20.62% 

Median list price: $174,900

3. Punta Gorda, Fla.

Year-over-year increase: 19.35% 

Median list price: $185,000

4. West Palm Beach-Boca Raton, Fla.

Year-over-year increase: 18.48%

Median list price: $225,000

5. Washington, D.C.-Md.-Va.-W.Va.

Year-over-year increase: 18.45%

Median list price: $384,950

6. Boise City, Idaho

Year-over-year increase: 16.28% 

Median list price: $150,000

7. Naples, Fla.

Year-over-year increase: 15.67% 

Median list price: $369,000

8. Fort Myers-Cape Coral, Fla.

Year-over-year increase: 15.59%

Median list price: $229,900

9. Daytona Beach, Fla.

Year-over-year increase: 15.56% 

Median list price: $179,000

10. Sarasota-Bradenton, Fla.

Year-over-year increase: 14.47%

Median list price: $246,000

By Melissa Dittmann Tracey, REALTOR® Magazine Daily News