Home prices jumped the most in these 10 housing markets

Most expensive metro holds increase double that of national average

House_money_Key

Home prices increased in March to a new peak, according to the latest Home Prices Index from Black Knight Financial Services.

Home prices rose to a median $272,000 in March, the report showed. This represents a new peak in home prices, and a rise of 2.3% from the start of the year.

And the Case-Shiller index, put out by CoreLogic and S&P Dow Jones Indices, showed home prices increased 5.8% annually in March, a pace which experts say is good news for sellers, but not so great for home buyers.

But some metropolitan areas saw home prices moving faster than others, as the fastest metro saw an increase that was double that of the national average. Month-over-month, home prices increased 1.3% nationally.

Here are the top ten housing metros with the highest increase in home prices in March, and the percent increase from the previous month. Using data from Trulia, HousingWire analyzed the median home price in each metro.

10. Bloomington, Illinois – Home prices up 2%

Median home price: $157,000

IllinoisFlagPhoto

9. Boulder, Colorado – Home prices up 2%

Median home price: $625,000

8. Sacramento, California – Home prices up 2%

Median home price: $280,000

Sacramento

7. Spokane, Washington – Home prices up 2%

Median home price: $180,325

6. Kankakee, Illinois – Home prices up 2.2%

Median home price: $86,000

5. San Francisco, California – Home prices up 2.2%

Median home price: $1,205,000

san-francisco

4. Walla Walla, Washington – Home prices up 2.2%

Median home price: $218,750

3. Bellingham, Washington – Home prices up 2.3%

Median home price: $335,709

2. Seattle, Washington – Home prices up 2.4%

Median home price: $625,000

seattle-outside-2

1. San Jose, California – Home prices up 2.6%

Median home price: $835,000

Article and images provided by: housingwire.com
Advertisements

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s