Thursday
July 24, 2014

Where Home Prices Are Rising by the Most

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Where Home Prices Are Rising by the Most

Property values are on the rise nationally, bumping up 5.27 percent higher in June than year ago levels, according to data from realtor.com®. But some markets are seeing asking prices rise by 30 percent or more in that time. 

Realtor.com® reports the following metros are seeing the largest year-over-year median list price increases: 

1. Oakland, Calif.: +36.77%

  • Median list price: $492,250

2. Sacramento, Calif.: +34.42%

  • Median list price: $289,000

3. Orange County, Calif.: +31.70%

  • Median list price: $565,000

4. Detroit: +31.31%

  • Median list price: $130,000

5. Stockton-Lodi, Calif.: +31.30%

  • Median list price: $209,950

6. Phoenix-Mesa, Ariz.: +30.50%

  • Median list price: $234,900

7. Los Angeles-Long Beach, Calif.: +29.50%

  • Median list price: $439,000

8. Ventura, Calif.: +26.65%

  • Median list price: $499,900

9. San Jose, Calif.: +25%

  • Median list price: $675,000

10. Reno, Nev.: +24.56%

  • Median list price: $249,000

Source: realtor.com®

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