Top housing markets
First quarter numbers are in. See how your hometown stacks up.
NEW YORK (CNN/Money) - U.S. residential real estate markets lost no steam in the first quarter of 2005, according to statistics released Thursday by the National Association of Realtors (NAR).
The NAR's quarterly report covers 136 metro areas. A record 66 of these have experienced double-digit jumps in home prices over the past year.
The previous record was 62 in the last quarter of 2004. Only six areas showed a fall in prices and those declines were fairly modest.
The median price of a single-family American home hit $188,800 at the end of the first quarter, a rise of 9.7 percent compared with a year ago.
Three Florida metropolitan areas led the charge; home prices in Bradenton jumped 45.6 percent from a year earlier to $275,100. Sarasota was up 36 percent to $326,300 and the West Palm-Boca Raton area rose 35.9percent to $362,800.
Beaumont, Tex. led the list of six declining metro areas with a loss of 6.5 percent to $90,000. Other losers included Canton, Ohio (down 4.5 percent to $103,400), Syracuse, N.Y. (down 2.6 percent to $92,600), and Waterloo-Cedar Falls Iowa (down 2.6 percent to $86,500).
The NAR report for the first quarter was released on May 12; second-quarter results are due on August 15.
| Metro Area |
State |
Percent
Change |
Median Price |
| Akron |
OH |
6.5% |
$111,200 |
| Albany/Schenectady/Troy |
NY |
17.5% |
$170,400 |
| Albuquerque |
NM |
11.1% |
$149,700 |
| Amarillo |
TX |
10.7% |
$102,600 |
| Orange County (Anaheim/Santa Ana) |
CA |
14.7% |
$656,900 |
| Appleton/Oshkosh/Neenah |
WI |
5.9% |
$128,000 |
| Atlanta |
GA |
4.8% |
$159,500 |
| Atlantic City |
NJ |
23.2% |
$217,400 |
| Aurora/Elgin |
IL |
11.0% |
$229,300 |
| Austin/San Marcos |
TX |
2.5% |
$154,100 |
| Baltimore |
MD |
6.9% |
$235,300 |
| Baton Rouge |
LA |
7.0% |
$130,500 |
| Beaumont/Port Arthur |
TX |
-6.5% |
$90,000 |
| Biloxi/Gulfport |
MS |
12.8% |
$121,100 |
| Birmingham |
AL |
10.9% |
$152,100 |
| Boise City |
ID |
N/A |
N/A |
| Boston |
MA |
14.8% |
$398,300 |
| Bradenton |
FL |
45.6% |
$275,100 |
| Buffalo/Niagara Falls |
NY |
8.9% |
$93,900 |
| Canton |
OH |
-4.5% |
$103,400 |
| Cedar Rapids |
IA |
-1.5% |
$118,700 |
| Champaign/Urbana/Rantoul |
IL |
12.9% |
$120,700 |
| Charleston |
SC |
6.9% |
$189,300 |
| Charleston |
WV |
13.0% |
$112,500 |
| Charlotte/Gastonia/Rock Hill |
NC/SC |
9.1% |
$169,400 |
| Chattanooga |
TN/GA |
8.1% |
$123,800 |
| Chicago |
IL |
6.9% |
$243,800 |
| Cincinnati |
OH/KY/IN |
2.7% |
$139,600 |
| Cleveland |
OH |
5.4% |
$135,400 |
| Colorado Springs |
CO |
6.0% |
$192,200 |
| Columbia |
SC |
6.6% |
$129,500 |
| Columbus |
OH |
1.7% |
$140,100 |
| Corpus Christi |
TX |
9.1% |
$116,500 |
| Dallas |
TX |
5.4% |
$140,000 |
| Davenport/Moline/Rock Island |
IA/IL |
4.8% |
$103,000 |
| Dayton/Springfield |
OH |
2.6% |
$110,000 |
| Daytona Beach |
FL |
18.6% |
$169,500 |
| Denver |
CO |
1.8% |
$236,000 |
| Des Moines |
IA |
4.3% |
$139,000 |
| Detroit |
MI |
0.5% |
$151,000 |
| El Paso |
TX |
15.0% |
$104,800 |
| Eugene/Springfield |
OR |
15.1% |
$178,500 |
| Fargo/Moorhead |
ND/MN |
6.7% |
$125,300 |
| Ft. Lauderdale/Hollywood/Pompano Beach |
FL |
31.8% |
$320,700 |
| Ft. Myers/Cape Coral |
FL |
25.6% |
$215,700 |
| Ft. Wayne |
IN |
4.2% |
$93,400 |
| Ft. Worth/Arlington |
TX |
13.3% |
$123,600 |
| Gainesville |
FL |
8.0% |
$159,300 |
| Gary/Hammond |
IN |
7.6% |
$120,900 |
| Grand Rapids |
MI |
4.6% |
$136,400 |
| Green Bay |
WI |
10.3% |
$152,800 |
| Greensboro/Winston-Salem/High Point |
NC |
1.5% |
$136,800 |
| Greenville/Spartanburg |
SC |
-0.3% |
$121,300 |
| Hartford |
CT |
15.2% |
$244,500 |
| Honolulu |
HI |
26.0% |
$529,100 |
| Houston |
TX |
5.7% |
$138,100 |
| Indianapolis |
IN |
3.0% |
$116,300 |
| Jackson |
MS |
15.6% |
$123,500 |
| Jacksonville |
FL |
14.5% |
$164,400 |
| Kalamazoo |
MI |
2.7% |
$117,000 |
| Kansas City |
MO/KS |
4.2% |
$148,300 |
| Knoxville |
TN |
8.3% |
$135,200 |
| Lake County |
IL |
2.9% |
$249,100 |
| Lansing/East Lansing |
MI |
5.5% |
$135,200 |
| Las Vegas |
NV |
29.4% |
$291,000 |
| Lexington/Fayette |
KY |
7.9% |
$141,500 |
| Lincoln |
NE |
4.5% |
$133,500 |
| Little Rock-N. Little Rock |
AR |
6.2% |
$108,600 |
| Los Angeles Area |
CA |
21.1% |
$474,700 |
| Louisville |
KY/IN |
2.4% |
$130,100 |
| Madison |
WI |
6.5% |
$207,800 |
| Melbourne/Titusville/Palm Bay |
FL |
29.3% |
$184,000 |
| Memphis |
TN/AR/MS |
1.5% |
$131,500 |
| Miami/Hialeah |
FL |
28.4% |
$315,700 |
| Milwaukee |
WI |
9.1% |
$198,900 |
| Minneapolis/St. Paul |
MN/WI |
6.7% |
$218,700 |
| Mobile |
AL |
7.2% |
$136,100 |
| Montgomery |
AL |
8.4% |
$118,300 |
| Nashville |
TN |
11.3% |
$152,100 |
| New Haven/Meriden |
CT |
13.6% |
$255,600 |
| New Orleans |
LA |
10.9% |
$141,200 |
| New York/N. New Jersey/Long Island |
NY/NJ/CT |
18.0% |
$435,200 |
| New York: Bergen/Passaic |
NJ |
18.1% |
$448,100 |
| New York: Middlesex/Somerset/Hunterdon |
NJ |
18.2% |
$381,400 |
| New York: Monmouth/Ocean |
NJ |
20.3% |
$358,500 |
| New York: Nassau/Suffolk |
NY |
16.3% |
$446,700 |
| New York: Newark |
NJ |
13.6% |
$379,700 |
| Norfolk/Virginia Bch/Newport News |
VA |
22.2% |
$174,000 |
| Ocala |
FL |
27.0% |
$122,200 |
| Oklahoma City |
OK |
9.3% |
$110,300 |
| Omaha |
NE/IA |
3.0% |
$132,400 |
| Orlando |
FL |
28.7% |
$194,400 |
| Pensacola |
FL |
18.5% |
$143,800 |
| Peoria |
IL |
9.1% |
$91,500 |
| Philadelphia |
PA/NJ |
1.7% |
$164,800 |
| Phoenix |
AZ |
24.4% |
$193,800 |
| Pittsburgh |
PA |
6.6% |
$106,400 |
| Portland |
ME |
11.5% |
$243,100 |
| Portland |
OR |
14.7% |
$223,700 |
| Providence |
RI |
13.0% |
$271,200 |
| Raleigh/Durham |
NC |
0.6% |
$175,600 |
| Reno |
NV |
N/A |
N/A |
| Richland/Kennewick/Pasco |
WA |
1.6% |
$144,800 |
| Richmond/Petersburg |
VA |
16.2% |
$180,500 |
| Riverside/San Bernardino |
CA |
32.6% |
$343,400 |
| Rochester |
NY |
14.9% |
$107,800 |
| Rockford |
IL |
14.0% |
$129,300 |
| Sacramento |
CA |
26.9% |
$352,900 |
| Saginaw/Bay City/Midland |
MI |
N/A |
N/A |
| Saint Louis |
MO/IL |
2.7% |
$112,800 |
| Salt Lake City/Ogden |
UT |
6.1% |
$157,000 |
| San Antonio |
TX |
8.6% |
$123,600 |
| San Diego |
CA |
20.9% |
$584,100 |
| San Francisco Bay Area |
CA |
14.8% |
$689,200 |
| Sarasota |
FL |
36.0% |
$326,300 |
| Seattle |
WA |
13.7% |
$321,100 |
| Shreveport |
LA |
9.0% |
$110,600 |
| Sioux Falls |
SD |
2.0% |
$132,900 |
| South Bend/Mishawaka |
IN |
10.7% |
$91,100 |
| Spokane |
WA |
16.1% |
$136,300 |
| Springfield |
IL |
10.4% |
$92,700 |
| Springfield |
MA |
14.4% |
$174,600 |
| Springfield |
MO |
15.4% |
$126,400 |
| Syracuse |
NY |
-2.6% |
$92,600 |
| Tacoma |
WA |
19.4% |
$221,900 |
| Tallahassee |
FL |
6.6% |
$156,700 |
| Tampa/St. Petersburg/Clearwater |
FL |
15.7% |
$172,800 |
| Toledo |
OH |
9.1% |
$118,600 |
| Topeka |
KS |
8.8% |
$95,500 |
| Trenton |
NJ |
8.0% |
$225,400 |
| Tucson |
AZ |
19.8% |
$199,000 |
| Tulsa |
OK |
6.6% |
$112,300 |
| Washington |
DC/MD/VA |
22.7% |
$369,000 |
| Waterloo/Cedar Falls |
IA |
-2.6% |
$86,500 |
| W. Palm Beach/Boca Raton/Delray Beach |
FL |
35.9% |
$362,800 |
| Wichita |
KS |
11.7% |
$105,100 |
| Wilmington |
DE/NJ/MD |
14.9% |
$195,000 |
| Worcester |
MA |
8.9% |
$279,300 |
| Youngstown/Warren |
OH |
1.4% |
$82,400 |
| Metro Area |
State |
Percent
Change |
Median Price |
| Source: National Association of Realtors |
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