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