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