Annual Growth Rate and Average Home Price....

San Francisco CA 14.3% $656,700
Anaheim-Santa Ana CA 19.1% $627,500
San Diego CA 24.8% $569,900
Honolulu HI 22.8% $490,000
Los Angeles-Long Beach CA 23.7% $470,900
Nassau-Suffolk NY 15.2% $431,900
Bergen-Passaic NJ 14.4% $423,500
New York-North NJ-Long Island NY 13.8% $403,600
Boston MA 9.4% $387,800
Washington DC 26.9% $370,800
Newark NJ 14.9% $369,500
Middlesex-Somerset-Hunterdon NJ 15.0% $358,200
Sacramento CA 31.5% $343,800
West Palm Beach-Boca Raton FL 34.0% $338,800
Monmouth-Ocean Counties NJ 16.5% $338,400
Riverside-San Bernadino CA 34.7% $322,400
Seattle WA 8.4% $299,800
Miami-Hialeah FL 25.5% $297,200
Ft. Lauderdale-Hollywood-Pompano Beach FL 25.6% $296,800
Reno NV 25.5% $286,200
Las Vegas NV 47.3% $281,400
Sarasota FL 25.8% $279,500
Worcester MA 9.2% $276,500
Providence RI 14.5% $275,600
New Haven-Meriden CT 16.5% $264,600
Lake County IL 4.5% $258,700
Baltimore MD 14.0% $248,400
Bradenton FL 32.0% $245,700
Chicago IL 2.7% $242,600
Denver CO 1.7% $237,100
Portland ME 9.3% $236,600
Hartford CT 10.7% $232,800
Trenton NJ 12.1% $229,400
Aurora-Elgin IL 10.3% $221,000
Minneapolis-St. Paul MN-WI 4.2% $220,600
Portland OR 13.7% $218,700
Atlantic City, NJ NJ 18.9% $216,500
Tacoma WA 15.9% $211,700
Madison WI 6.3% $210,800
Milwaukee WI 11.3% $199,300
Ft. Myers-Cape Coral-Punta Gorda FL 26.5% $198,000
Wilmington DE-NJ-MD 17.3% $192,500
Colordo Springs CO 4.2% $192,300
Philadelphia PA-NJ 15.6% $187,900
Raleigh-Durham NC 5.5% $185,600
Tucson AZ 18.5% $185,300
Orlando FL 21.7% $184,400
Charleston SC 6.5% $180,400
Phoenix AZ 17.9% $180,200
Richmond-Petersburg VA 12.4% $176,200
Eugene-Springfield OR 14.7% $174,100
Melbourne-Titusville-Palm Bay FL 30.5% $172,200
Springfield MA 10.7% $171,200
Albany-Schenectady-Troy NY 16.0% $168,600
Tampa-St.Petersburg-Clearwater FL 14.6% $168,500
Norfolk Va. Beach-Newport News VA 21.1% $167,700
Daytona Beach FL 19.6% $162,600
Salt Lake City-Ogden UT 6.5% $159,700
Atlanta GA 3.1% $157,700
Tallahassee FL 12.0% $156,300
Albuquerque NM 14.8% $155,800
Jacksonville FL 15.7% $153,700
Spokane WA 24.4% $152,700
Austin/San Marcos TX -2.1% $151,300
Birmingham AL 10.8% $149,700
Kansas City MO-KS 4.7% $149,300
Nashville TN 7.2% $148,700
Richland/Kennewick/Pasco WA 4.3% $148,500
Green Bay WI 6.9% $144,700
Lexington-Fayette KY-IN 6.0% $143,500
Columbus OH 3.4% $143,400
Cincinnati OH-KY-IN 2.7% $143,000
Des Moines IA 6.5% $141,600
Lansing-E.Lansing MI 7.2% $140,700
New Orleans LA 10.5% $140,300
Greensboro/Winston-Salem/High Point NC 3.8% $140,300
Pensacola FL 19.2% $139,600
Cleveland OH NA $137,500
Dallas TX 1.6% $137,300
Houston TX 2.0% $135,500
Knoxville TN 7.5% $135,200
Memphis TN-AR-MS 2.4% $134,800
Cedar Rapids IA 7.4% $133,400
Lincoln NE 0.8% $133,100
Grand Rapids MI 3.0% $132,100
Louisville KY-IN 1.1% $131,800
Saint Louis MO-IL 9.3% $129,100
Greenville-Spartanburg SC 0.9% $129,000
Baton Rouge LA 5.6% $128,200
Fargo ND 10.0% $128,000
Sioux Falls SD 4.9% $127,300
Columbia SC 5.6% $127,000
Mobile AL 0.6% $126,900
Chattanooga TN-GA 7.7% $126,400
Kalamazoo MI 8.2% $126,200
Rockford IL 8.3% $125,800
Gary-Hammond IN 4.7% $125,800
Jackson MS 17.5% $123,600
Appleton WI 1.6% $123,300
San Antonio TX 6.0% $122,500
Champaign IL 6.5% $119,700
Montgomery AL 6.3% $119,000
Tulsa OK 7.1% $118,100
Biloxi-Gulfport MS 11.3% $117,300
Akron OH 5.0% $117,200
Shreveport LA 13.8% $115,500
Corpus Christi TX 11.5% $114,500
Ocala FL 26.8% $114,100
Dayton-Springfield OH 4.8% $113,800
Indianapolis IN -3.9% $113,400
Toledo OH 8.8% $112,400
Oklahoma City OK 10.8% $109,700
Springfield MO 12.4% $109,100
Little Rock-N. Little Rock AR 5.3% $108,000
Pittsburgh PA 6.1% $107,600
Charleston WV -4.2% $107,200
Rochester NY 6.8% $106,200
Wichita KS 6.0% $105,500
Davenport/Moline/Rock Island IA-IL 8.4% $104,400
Amarillo TX 6.7% $100,400
Topeka KS 9.3% $99,100
Syracuse NY 6.6% $98,600
Waterloo/Cedar Falls IA 13.2% $97,900
South Bend-Mishawaka IN 1.8% $96,400
El Paso TX 1.5% $96,100
Peoria IL 3.1% $95,200
Ft. Wayne, IN IN 5.1% $94,900
Buffalo-Niagara Falls NY 13.1% $94,800
Springfield IL 5.2% $93,600
Beaumont TX -1.3% $87,800

http://money.cnn.com/pf/features/lists/nar_4q/price.html#table

It is nice to see that Pittsburgh's home prices are so low. Philadelphia is not too high either.

Id be content to see San Francisco's average home price cut in half-or maybe 2 thirds.

Chicago's numbers are quite disappointing. Compared to places like LA, DC, SF, New York and even Boston Chicago is standing still. Too bad...

I am not surprise CA metro areas are on top on the list.
Phoenix is up to $216,000 as of last week.
People has to line up early in the morning to get a number.

Home prices are going up like crazy in the Phoenix area

Indy with a decrease is due to an over saturation of homes!

Pensacola is going to go nuts for the next few years... Areas devastated by hurricanes always do. if I was smart, I go buy me up a place or two up there and rent them out... If it wasn't so damn far away from Tampa, and so expensive to fly to, I probably would.

ko

Odd that Charlotte isn't on here......bastards

Denver Post has weekly articles on the foreclosure crisis going on the Denver Metro area, especially in Aurora. If the economy doesnt start cranking out tons of jobs in Denver the home prices might be like Indianapolis and actually drop a quarter or two.

I really think Indianapolis is a good bargain. Indianapolis has the same stuff as Minneapolis or Milwaukee and costs about 40% less than Milwaukee and Minneapolis.

Chicago's numbers are quite disappointing. Compared to places like LA, DC, SF, New York and even Boston Chicago is standing still. Too bad...

Maybe this isn't a bad thing. Chicago really has never had a housing crash because the market has had a steady growth rate. Although I wouldn't mind seeing my newly constructed condo in the South Loop double in 5 years :)

Would ya look at that. Baltimore went from the lower $100,000 range all the way to almost $250,000 in just a few years. It's nice to see the city growing and having so much demand for housing, but I hope it won't be yet another spot in Maryland with exponentially rising housing values/property taxes to the point of lacking enough affordable housing.

Chicago's numbers are quite disappointing. Compared to places like LA, DC, SF, New York and even Boston Chicago is standing still. Too bad...

But those other cities listed (except for Boston & DC) are limited spatially to develop. If there is one thing good about sprawl (& there certainly aren't many good things) is it opens up the housing market. That is particularly true when it comes to business relocations - cities are often chosen if they are affordable, that would make Chicago a great option when compared to the other big two.

Who knows - affordable housing might give Chicago that extra boost to make the city competitive for the future with NYC & LA.

Chicago's numbers are quite disappointing. Compared to places like LA, DC, SF, New York and even Boston Chicago is standing still. Too bad...

Disappointing? So it is how considered a good thing to have housing costs completely out of reach of of the middle and/or working class? What a sad world this has become that reasonable housing costs are considered "disappointing."

Metro areas mean nothing. Major cities should be ranked seperately rather than combined metro. I look at my city Seattle and see that $299,800 is totally bs. The average price of a place in the city of Seattle is $362,000.

^Same for Atlanta. I don't consider housing price to be the sole determinant on how popular a city is with the upper-incom earners. Those who hava taken any Real Estate or Economics classes will know that a lot more goes into the price of a house besides how many rich people want to live in a city. Land availability, local laws, and supply in relation to demand are a few important factors. The most ideal city would be one like NYC or San Francisco but that had affordable housing for all. Unfortunately, the market probably would never allow that unless those two cities were located someplace like Atlanta, with plenty of room and open land.

Id be content to see San Francisco's average home price cut in half-or maybe 2 thirds.

That would probably have a ripple effect on the entire Bay Area.

All things considered, we need a break....here's March '05(and this is just the "Median"-The "Average" for the entire Bay Area is about $700,000 now)
http://sfgate.com/c/pictures/2005/04/15/mn_marchpricegrf.jpg

Talk about Cali Domination! Is there any price people won't pay to live in the two West Coast Urban Oasises? How high can it go!

Disappointing? So it is how considered a good thing to have housing costs completely out of reach of of the middle and/or working class? What a sad world this has become that reasonable housing costs are considered "disappointing."

You have no idea how rich people are on the west coast. There is so much money out here.

You people want expensive housing????

In Pennsylvania you can buy a house for way cheap and have the same quality as you would in New York, Massachusetts, etc.Hell even California

You have no idea how rich people are on the west coast. There is so much money out here.

Bullshit, my old roomate has lived in LA for 10 years and my sister lived there for 3 years. Oh... we didn't miss you either.

^ lol. hey aion dont get too angry. Thats what silverlake wants.

^ lol. hey aion dont get too angry. Thats what silverlake wants.


yeah... I should know better. It was just so nice having civil discussions.

Beside Neveada, the most expensive state for housing is IL that isnt on an ocean.

I like it how Chicago is a big major city but cheap in housing.

yeah... I should know better. It was just so nice having civil discussions.

I know what you mean :)

Talk about Cali Domination! Is there any price people won't pay to live in the two West Coast Urban Oasises? How high can it go!

Not really. California's population growth is solely due to foreign inmigration and natural increase. It has had domestic outmigration for a number of years.

houses in my city are pretty expensive right now, mostly because of the natural gas boom bringing so many people in and the inability to keep up with the housing demands, but it wont last long, like the other booms my city has been through they always follow busts where housing prices fall, unemployment rises etc... but right now houses are expensive.

You have no idea how rich people are on the west coast. There is so much money out here.

but cost of living is sky high, as evidenced with housing prices.

Madison WI 6.3% $210,800
Milwaukee WI 11.3% $199,300

^woah.

Would ya look at that. Baltimore went from the lower $100,000 range all the way to almost $250,000 in just a few years. It's nice to see the city growing and having so much demand for housing, but I hope it won't be yet another spot in Maryland with exponentially rising housing values/property taxes to the point of lacking enough affordable housing.

Sadly, I think eventually this will be the case. Most of the new/redeveloped housing is clearly for the upper class elite. When Ritz-Carlton and Four Seasons puts $5-6 million waterfront condos on the market, they aint looking for normal people with normal income like myself...lol. Most of the rehabs are even catering to the upper class. Its understandable though. The city needs the income and tax base of the wealthy. The thing that kind of dissappoints me is that now that I'm in a position to purchase real eastate or rent prime space, I can't afford to despite living in the area my entire life.

I just hope that the middle class doesnt get lost in Baltimore's residential boom because a broader middle class is certainly what will help sustain the boom in the long term.

Where is Detroit in all those numbers???