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10 metros with biggest 1-year rise in real estate list prices No Western metros make the list

Editor’s note: This article is based on data compiled by online real estate portal The top 10 markets were determined based on the largest annual percentage increase in a metro’s median list price of homes displayed at during 2011.

No metro areas west of El Paso, Texas, earned a spot among the top 10 U.S. hot spots with the highest year-over-year hikes in median list price during 2011. Another Texas metro, San Antonio, ranked fifth on the list, based on data provided by online real estate portal

The Fort Myers-Cape Coral, Fla., metro area experienced the largest increase, by far, among the top 10 metros, with a 20.77 percent rise in median list price increase during 2011, to $175,000.

The No. 2 market on the list, Shreveport-Bossier City, La., experienced a 7.37 percent increase in median list price during 2011, to $167,500. No. 10 El Paso experienced a 3.22 percent increase, to $144,450.

Washington, D.C.’s two metro areas, Virginia and Washington, D.C., both appear on the list, at No. 3 and No. 6, respectively, with by far the highest end-of-year list prices: $349,990 and $385,000, respectively. The top 10 metro with the next-highest end-of-year median list price is the No. 1 Fort Myers-Cape Coral metro. 

Metro: Fort Myers-Cape Coral, Fla.


Median List Price $175,000
Year-over-year Change 20.77%

Fort Myers Beach image via Shutterstock.