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Top housing markets
The housing boom continued in the first quarter.
Home prices nationwide spiked 7 percent in the first quarter, according to the latest survey by the National Association of Realtors, with the median sales price for existing family homes hitting $161,500. Thirty-one of 117 markets had double-digits increases. See where your area ranks.
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| City/Metro Area |
Median home price
1st quarter 2002 |
Median home price
1st quarter 2003 |
Percent
Change |
| San Francisco Bay Area, CA |
$482,300.00 |
$509,000.00 |
5.50% |
| Orange Cnty. (Anaheim/Santa Ana MSA), CA |
$372,000.00 |
$448,400.00 |
20.50% |
| Boston, MA |
$389,000.00 |
$413,500.00 |
6.30% |
| San Diego, CA |
$325,500.00 |
$389,100.00 |
19.50% |
| Bergen/Passaic, NJ |
$295,800.00 |
$358,300.00 |
21.10% |
| Honolulu, HI |
$310,000.00 |
$350,000.00 |
12.90% |
| Nassau/Suffolk, NY |
$287,500.00 |
$338,000.00 |
17.60% |
| New York/N. New Jersey/Long Island,NY/NJ/CT |
$286,200.00 |
$329,400.00 |
15.10% |
| Los Angeles Area, CA |
$265,000.00 |
$307,900.00 |
16.20% |
| Newark, NJ |
$279,200.00 |
$302,300.00 |
8.30% |
| Middlesex/Somerset/Hunterdon, NJ |
$274,400.00 |
$293,700.00 |
7.00% |
| Monmouth/Ocean, NJ |
$219,100.00 |
$270,400.00 |
23.40% |
| Washington, DC/MD/VA |
$229,100.00 |
$252,600.00 |
10.30% |
| Seattle, WA |
$247,600.00 |
$250,000.00 |
1.00% |
| Sacramento, CA |
$183,600.00 |
$230,000.00 |
25.30% |
| Denver, CO |
$223,800.00 |
$229,300.00 |
2.50% |
| Chicago, IL |
$198,000.00 |
$220,000.00 |
11.10% |
| Providence, RI |
$169,600.00 |
$213,200.00 |
25.70% |
| New Haven/Meriden, CT |
$173,500.00 |
$211,400.00 |
21.80% |
| Ft.
Lauderdale/Hollywood/Pompano Beach, FL |
$181,200.00 |
$208,700.00 |
15.20% |
| Miami/Hialeah, FL |
$174,100.00 |
$202,200.00 |
16.10% |
| Aurora/Elgin, IL |
$185,500.00 |
$197,300.00 |
6.40% |
| Riverside/San Bernardino,
CA |
$164,700.00 |
$194,800.00 |
18.30% |
| Sarasota, FL |
$167,600.00 |
$192,700.00 |
15.00% |
| Trenton, NJ |
$154,600.00 |
$191,700.00 |
24.00% |
| Lake County, IL |
$184,500.00 |
$191,400.00 |
3.70% |
| Baltimore, MD |
$165,000.00 |
$190,000.00 |
15.20% |
| Minneapolis/St. Paul,
MN/WI |
$173,000.00 |
$189,100.00 |
9.30% |
| Worcester, MA |
$172,000.00 |
$187,000.00 |
8.70% |
| Portland, ME |
$158,900.00 |
$185,000.00 |
16.40% |
| Portland, OR |
$175,700.00 |
$184,900.00 |
5.20% |
| Reno, NV |
$175,200.00 |
$183,500.00 |
4.70% |
| Hartford, CT |
$160,600.00 |
$182,400.00 |
13.60% |
| Madison, WI |
$168,100.00 |
$180,900.00 |
7.60% |
| Colorado Springs, CO |
$171,600.00 |
$177,700.00 |
3.60% |
| Milwaukee, WI |
$159,000.00 |
$173,600.00 |
9.20% |
| Tacoma, WA |
$166,800.00 |
$172,000.00 |
3.10% |
| Las Vegas, NV |
$153,100.00 |
$171,300.00 |
11.90% |
| Charleston, SC |
$153,800.00 |
$163,500.00 |
6.30% |
| Wilmington, DE/NJ/MD |
$136,200.00 |
$160,700.00 |
18.00% |
| Atlantic City, NJ |
$133,700.00 |
$157,200.00 |
17.60% |
| Bradenton, FL |
$142,600.00 |
$156,500.00 |
9.70% |
| Philadelphia, PA/NJ |
$122,000.00 |
$153,400.00 |
25.70% |
| Austin/San Marcos, TX |
$157,700.00 |
$151,700.00 |
-3.80% |
| Tucson, AZ |
$137,600.00 |
$150,100.00 |
9.10% |
| Salt Lake City/Ogden, UT |
$143,000.00 |
$148,100.00 |
3.60% |
| Phoenix, AZ |
$141,700.00 |
$147,300.00 |
4.00% |
| Atlanta, GA |
$140,600.00 |
$146,400.00 |
4.10% |
| Charlotte/Gastonia/Rock
Hill, NC/SC |
$145,500.00 |
$146,000.00 |
0.30% |
| Eugene/Springfield, OR |
$135,900.00 |
$142,800.00 |
5.10% |
| Springfield, MA |
$129,700.00 |
$142,400.00 |
9.80% |
| Richmond/Petersburg, VA |
$129,200.00 |
$142,300.00 |
10.10% |
| Kansas City, MO/KS |
$133,500.00 |
$138,400.00 |
3.70% |
| Albany/Schenectady/Troy,
NY |
$127,500.00 |
$138,300.00 |
8.50% |
| Tampa/St. Petersburg/Clearwater, FL |
$129,200.00 |
$137,800.00 |
6.70% |
| Orlando, FL |
$127,500.00 |
$137,700.00 |
8.00% |
| Dallas, TX |
$130,800.00 |
$134,900.00 |
3.10% |
| Ft. Myers/Cape Coral, FL |
$124,700.00 |
$134,400.00 |
7.80% |
| Albuquerque, NM |
$128,000.00 |
$134,300.00 |
4.90% |
| Gainesville, FL |
$124,700.00 |
$132,900.00 |
6.60% |
| Cincinnati, OH/KY/IN |
$131,300.00 |
$132,800.00 |
1.10% |
| Birmingham, AL |
$131,600.00 |
$131,900.00 |
0.20% |
| Greensboro/Winston-Salem/High
Point, NC |
$133,400.00 |
$131,600.00 |
-1.30% |
| Tallahassee, FL |
$133,100.00 |
$131,000.00 |
-1.60% |
| Memphis, TN/AR/MS |
$123,900.00 |
$129,300.00 |
4.40% |
| Houston, TX |
$126,500.00 |
$129,200.00 |
2.10% |
| Lexington/Fayette, KY |
$125,300.00 |
$128,500.00 |
2.60% |
| Grand Rapids, MI |
$121,600.00 |
$128,000.00 |
5.30% |
| Green Bay, WI |
$125,600.00 |
$128,000.00 |
1.90% |
| Louisville, KY/IN |
$120,200.00 |
$127,800.00 |
6.30% |
| Lansing/East Lansing, MI |
$117,800.00 |
$126,100.00 |
7.00% |
| Des Moines, IA |
$125,200.00 |
$126,000.00 |
0.60% |
| Melbourne/Titusville/Palm Bay, FL |
$99,600.00 |
$124,900.00 |
25.40% |
| Knoxville, TN |
$117,200.00 |
$124,700.00 |
6.40% |
| Greenville/Spartanburg, SC |
$122,400.00 |
$124,200.00 |
1.50% |
| New Orleans, LA |
$116,400.00 |
$123,500.00 |
6.10% |
| Sioux Falls, SD |
$112,800.00 |
$122,000.00 |
8.20% |
| Jacksonville, FL |
$108,500.00 |
$120,600.00 |
11.20% |
| Omaha, NE/IA |
$118,700.00 |
$120,300.00 |
1.30% |
| Lincoln, NE |
$113,700.00 |
$120,100.00 |
5.60% |
| Columbia, SC |
$116,700.00 |
$118,000.00 |
1.10% |
| Cedar Rapids, IA |
$113,200.00 |
$117,000.00 |
3.40% |
| Baton Rouge, LA |
$110,400.00 |
$116,000.00 |
5.10% |
| Appleton/Oshkosh/Neenah,
WI |
$108,700.00 |
$114,600.00 |
5.40% |
| Champaign/Urbana/Rantoul,
IL |
$95,100.00 |
$111,900.00 |
17.70% |
| Indianapolis, IN |
$111,900.00 |
$111,700.00 |
-0.20% |
| Akron, OH |
$103,700.00 |
$111,400.00 |
7.40% |
| Pensacola, FL |
$109,500.00 |
$111,000.00 |
1.40% |
| Daytona Beach, FL |
$106,100.00 |
$110,900.00 |
4.50% |
| Charleston, WV |
$106,800.00 |
$110,400.00 |
3.40% |
| Fargo/Moorhead, ND/MN |
$102,900.00 |
$109,800.00 |
6.70% |
| San Antonio, TX |
$104,000.00 |
$108,700.00 |
4.50% |
| Rockford, IL |
$97,900.00 |
$108,600.00 |
10.90% |
| Tulsa, OK |
$104,100.00 |
$107,900.00 |
3.70% |
| Toledo, OH |
$101,800.00 |
$107,800.00 |
5.90% |
| Gary/Hammond, IN |
$104,200.00 |
$107,300.00 |
3.00% |
| Chattanooga, TN/GA |
$111,900.00 |
$107,000.00 |
-4.40% |
| Montgomery, AL |
$108,500.00 |
$106,700.00 |
-1.70% |
| Canton, OH |
$98,500.00 |
$106,200.00 |
7.80% |
| Oklahoma City, OK |
$103,100.00 |
$105,700.00 |
2.50% |
| Biloxi/Gulfport, MS |
$95,600.00 |
$103,900.00 |
8.70% |
| Little Rock-N. Little
Rock, AR |
$91,900.00 |
$99,300.00 |
8.10% |
| Pittsburgh, PA |
$94,400.00 |
$99,300.00 |
5.20% |
| Shreveport, LA |
$87,500.00 |
$96,000.00 |
9.70% |
| Wichita, KS |
$95,700.00 |
$96,000.00 |
0.30% |
| Corpus Christi, TX |
$89,400.00 |
$94,200.00 |
5.40% |
| Davenport/Moline/Rock
Island, IA/IL |
$87,700.00 |
$93,700.00 |
6.80% |
| Springfield, IL |
$83,900.00 |
$93,500.00 |
11.40% |
| Topeka, KS |
$89,100.00 |
$90,500.00 |
1.60% |
| Rochester, NY |
$87,200.00 |
$90,400.00 |
3.70% |
| El Paso, TX |
$86,400.00 |
$88,000.00 |
1.90% |
| Amarillo, TX |
$84,700.00 |
$87,800.00 |
3.70% |
| Buffalo/Niagara Falls, NY |
$81,800.00 |
$87,500.00 |
7.00% |
| Syracuse, NY |
$80,300.00 |
$85,100.00 |
6.00% |
| Peoria, IL |
$81,200.00 |
$83,900.00 |
3.30% |
| South Bend/Mishawaka, IN |
$84,300.00 |
$83,800.00 |
-0.60% |
| Beaumont/Port Arthur, TX |
$76,800.00 |
$83,400.00 |
8.60% |
| Waterloo/Cedar Falls, IA |
$83,500.00 |
$80,700.00 |
-3.40% |
Source: National Association of Realtors
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