10 metros with biggest 1-year rise in real estate list prices
Realtor.com: No Western metros make the list
By Inman News, Wednesday, January 25, 2012.
House price image via Shutterstock.com.Editor's note: This article is based on data compiled by online real estate portal Realtor.com. The top 10 markets were determined based on the largest annual percentage increase in a metro's median list price of homes displayed at Realtor.com 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 Realtor.com.
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.
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Submitted by Jeffrey Barber on February 2, 2012 - 12:36pm.
Great news for everyone east of the Rio Grande. Way to go San Antonio at #5!
Jeffrey Barber
Austin TX Real Estate
Submitted by Eric Everett on February 20, 2012 - 5:37am.
Ditto, nice to see San Antonio maintaining its place as a stable and thriving market.