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 |
| San Francisco Bay Area |
CA |
14.8% |
$689,200 |
| Orange County (Anaheim/Santa Ana) |
CA |
14.7% |
$656,900 |
| San Diego |
CA |
20.9% |
$584,100 |
| Honolulu |
HI |
26.0% |
$529,100 |
| Los Angeles Area |
CA |
21.1% |
$474,700 |
| New York: Bergen/Passaic |
NJ |
18.1% |
$448,100 |
| New York: Nassau/Suffolk |
NY |
16.3% |
$446,700 |
| New York/N. New Jersey/Long Island |
NY/NJ/CT |
18.0% |
$435,200 |
| Boston |
MA |
14.8% |
$398,300 |
| New York: Middlesex/Somerset/Hunterdon |
NJ |
18.2% |
$381,400 |
| New York: Newark |
NJ |
13.6% |
$379,700 |
| Washington |
DC/MD/VA |
22.7% |
$369,000 |
| W. Palm Beach/Boca Raton/Delray Beach |
FL |
35.9% |
$362,800 |
| New York: Monmouth/Ocean |
NJ |
20.3% |
$358,500 |
| Sacramento |
CA |
26.9% |
$352,900 |
| Riverside/San Bernardino |
CA |
32.6% |
$343,400 |
| Sarasota |
FL |
36.0% |
$326,300 |
| Seattle |
WA |
13.7% |
$321,100 |
| Ft. Lauderdale/Hollywood/Pompano Beach |
FL |
31.8% |
$320,700 |
| Miami/Hialeah |
FL |
28.4% |
$315,700 |
| Las Vegas |
NV |
29.4% |
$291,000 |
| Worcester |
MA |
8.9% |
$279,300 |
| Bradenton |
FL |
45.6% |
$275,100 |
| Providence |
RI |
13.0% |
$271,200 |
| New Haven/Meriden |
CT |
13.6% |
$255,600 |
| Lake County |
IL |
2.9% |
$249,100 |
| Hartford |
CT |
15.2% |
$244,500 |
| Chicago |
IL |
6.9% |
$243,800 |
| Portland |
ME |
11.5% |
$243,100 |
| Denver |
CO |
1.8% |
$236,000 |
| Baltimore |
MD |
6.9% |
$235,300 |
| Aurora/Elgin |
IL |
11.0% |
$229,300 |
| Trenton |
NJ |
8.0% |
$225,400 |
| Portland |
OR |
14.7% |
$223,700 |
| Tacoma |
WA |
19.4% |
$221,900 |
| Minneapolis/St. Paul |
MN/WI |
6.7% |
$218,700 |
| Atlantic City |
NJ |
23.2% |
$217,400 |
| Ft. Myers/Cape Coral |
FL |
25.6% |
$215,700 |
| Madison |
WI |
6.5% |
$207,800 |
| Tucson |
AZ |
19.8% |
$199,000 |
| Milwaukee |
WI |
9.1% |
$198,900 |
| Wilmington |
DE/NJ/MD |
14.9% |
$195,000 |
| Orlando |
FL |
28.7% |
$194,400 |
| Phoenix |
AZ |
24.4% |
$193,800 |
| Colorado Springs |
CO |
6.0% |
$192,200 |
| Charleston |
SC |
6.9% |
$189,300 |
| Melbourne/Titusville/Palm Bay |
FL |
29.3% |
$184,000 |
| Richmond/Petersburg |
VA |
16.2% |
$180,500 |
| Eugene/Springfield |
OR |
15.1% |
$178,500 |
| Raleigh/Durham |
NC |
0.6% |
$175,600 |
| Springfield |
MA |
14.4% |
$174,600 |
| Norfolk/Virginia Bch/Newport News |
VA |
22.2% |
$174,000 |
| Tampa/St. Petersburg/Clearwater |
FL |
15.7% |
$172,800 |
| Albany/Schenectady/Troy |
NY |
17.5% |
$170,400 |
| Daytona Beach |
FL |
18.6% |
$169,500 |
| Charlotte/Gastonia/Rock Hill |
NC/SC |
9.1% |
$169,400 |
| Philadelphia |
PA/NJ |
1.7% |
$164,800 |
| Jacksonville |
FL |
14.5% |
$164,400 |
| Atlanta |
GA |
4.8% |
$159,500 |
| Gainesville |
FL |
8.0% |
$159,300 |
| Salt Lake City/Ogden |
UT |
6.1% |
$157,000 |
| Tallahassee |
FL |
6.6% |
$156,700 |
| Austin/San Marcos |
TX |
2.5% |
$154,100 |
| Green Bay |
WI |
10.3% |
$152,800 |
| Nashville |
TN |
11.3% |
$152,100 |
| Birmingham |
AL |
10.9% |
$152,100 |
| Detroit |
MI |
0.5% |
$151,000 |
| Albuquerque |
NM |
11.1% |
$149,700 |
| Kansas City |
MO/KS |
4.2% |
$148,300 |
| Richland/Kennewick/Pasco |
WA |
1.6% |
$144,800 |
| Pensacola |
FL |
18.5% |
$143,800 |
| Lexington/Fayette |
KY |
7.9% |
$141,500 |
| New Orleans |
LA |
10.9% |
$141,200 |
| Columbus |
OH |
1.7% |
$140,100 |
| Dallas |
TX |
5.4% |
$140,000 |
| Cincinnati |
OH/KY/IN |
2.7% |
$139,600 |
| Des Moines |
IA |
4.3% |
$139,000 |
| Houston |
TX |
5.7% |
$138,100 |
| Greensboro/Winston-Salem/High Point |
NC |
1.5% |
$136,800 |
| Grand Rapids |
MI |
4.6% |
$136,400 |
| Spokane |
WA |
16.1% |
$136,300 |
| Mobile |
AL |
7.2% |
$136,100 |
| Cleveland |
OH |
5.4% |
$135,400 |
| Knoxville |
TN |
8.3% |
$135,200 |
| Lansing/East Lansing |
MI |
5.5% |
$135,200 |
| Lincoln |
NE |
4.5% |
$133,500 |
| Sioux Falls |
SD |
2.0% |
$132,900 |
| Omaha |
NE/IA |
3.0% |
$132,400 |
| Memphis |
TN/AR/MS |
1.5% |
$131,500 |
| Baton Rouge |
LA |
7.0% |
$130,500 |
| Louisville |
KY/IN |
2.4% |
$130,100 |
| Columbia |
SC |
6.6% |
$129,500 |
| Rockford |
IL |
14.0% |
$129,300 |
| Appleton/Oshkosh/Neenah |
WI |
5.9% |
$128,000 |
| Springfield |
MO |
15.4% |
$126,400 |
| Fargo/Moorhead |
ND/MN |
6.7% |
$125,300 |
| Chattanooga |
TN/GA |
8.1% |
$123,800 |
| Ft. Worth/Arlington |
TX |
13.3% |
$123,600 |
| San Antonio |
TX |
8.6% |
$123,600 |
| Jackson |
MS |
15.6% |
$123,500 |
| Ocala |
FL |
27.0% |
$122,200 |
| Greenville/Spartanburg |
SC |
-0.3% |
$121,300 |
| Biloxi/Gulfport |
MS |
12.8% |
$121,100 |
| Gary/Hammond |
IN |
7.6% |
$120,900 |
| Champaign/Urbana/Rantoul |
IL |
12.9% |
$120,700 |
| Cedar Rapids |
IA |
-1.5% |
$118,700 |
| Toledo |
OH |
9.1% |
$118,600 |
| Montgomery |
AL |
8.4% |
$118,300 |
| Kalamazoo |
MI |
2.7% |
$117,000 |
| Corpus Christi |
TX |
9.1% |
$116,500 |
| Indianapolis |
IN |
3.0% |
$116,300 |
| Saint Louis |
MO/IL |
2.7% |
$112,800 |
| Charleston |
WV |
13.0% |
$112,500 |
| Tulsa |
OK |
6.6% |
$112,300 |
| Akron |
OH |
6.5% |
$111,200 |
| Shreveport |
LA |
9.0% |
$110,600 |
| Oklahoma City |
OK |
9.3% |
$110,300 |
| Dayton/Springfield |
OH |
2.6% |
$110,000 |
| Little Rock-N. Little Rock |
AR |
6.2% |
$108,600 |
| Rochester |
NY |
14.9% |
$107,800 |
| Pittsburgh |
PA |
6.6% |
$106,400 |
| Wichita |
KS |
11.7% |
$105,100 |
| El Paso |
TX |
15.0% |
$104,800 |
| Canton |
OH |
-4.5% |
$103,400 |
| Davenport/Moline/Rock Island |
IA/IL |
4.8% |
$103,000 |
| Amarillo |
TX |
10.7% |
$102,600 |
| Topeka |
KS |
8.8% |
$95,500 |
| Buffalo/Niagara Falls |
NY |
8.9% |
$93,900 |
| Ft. Wayne |
IN |
4.2% |
$93,400 |
| Springfield |
IL |
10.4% |
$92,700 |
| Syracuse |
NY |
-2.6% |
$92,600 |
| Peoria |
IL |
9.1% |
$91,500 |
| South Bend/Mishawaka |
IN |
10.7% |
$91,100 |
| Beaumont/Port Arthur |
TX |
-6.5% |
$90,000 |
| Waterloo/Cedar Falls |
IA |
-2.6% |
$86,500 |
| Youngstown/Warren |
OH |
1.4% |
$82,400 |
| Boise City |
ID |
N/A |
N/A |
| Saginaw/Bay City/Midland |
MI |
N/A |
N/A |
| Reno |
NV |
N/A |
N/A |
| Metro Area |
State |
Percent
Change |
Median Price |
| Source: National Association of Realtors |
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