Phoenix #3 of 7 Markets Showing Big Home Price Growth

2013 jan blogHappy New Year!

Good news on the housing front….

Home prices are inching up across the country, as a housing recovery ripples through once hard-hit areas. AOL Real Estate, drawing from Trulia housing data, recently highlighted the top “turnaround housing markets” that have seen the biggest jumps in median home prices in the past year.

Las Vegas
Median home price for fourth quarter of 2012: $147,000
Difference in prices between 2011-2012: +27.5%

Seattle
Median home price: $299,950
Difference in prices between 2011-2012: +24%

Phoenix
Difference in prices between 2011-2012: +21.8 percent
Change in price December 2012: +26.0 percent
Change in price December 2011: +4.2 percent
Median price for Q4 2012: $189,000

Oakland, Calif.
Median home price: $384,750
Difference in prices between 2011-2012: +21%

San Jose, Calif.
Median home price: $589,950
Difference in prices between 2011-2012: +20.8%

Salt Lake City
Median home price: $159,000
Difference in prices between 2011-2012: +18.9%

Atlanta
Median home price: $159,000
Difference in prices between 2011-2012: +18.9%

Stephanie Weiss REALTOR®
ValleyWide Property Services
480.273.7472 cell
Stephanie Weiss Moves
Buyer Advisory Form

Source: “Top 10 Turnaround Housing Markets in 2012,” AOL Real Estate (Jan. 4, 2012)

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