Coldwell Banker Real Estate has created a Flash-based interactive map tracking price changes for more than 150 metropolitan areas nationwide.
The map is posted on Coldwell Banker’s Blue Matter blog. It is based on the National Association of Realtors’ quarterly Metropolitan Median Area Prices report for single-family homes and condominiums. The map’s data includes annual prices from 2007 through 2009. For 2010, the map includes median prices for the third quarter. Fourth-quarter data will be available from NAR on Thursday.
Coldwell Banker does not plan to update the infographic upon the release of the fourth-quarter data, according to a spokesperson. According to a report by Zillow, U.S. home values fell 2.6 percent from the third quarter of 2010 to the fourth, the biggest drop in nearly two years.
Zillow attributed accelerated home-value declines at the end of 2010 to the expiration of a federal homebuyer tax credit program.
Viewers of Coldwell Banker’s interactive map can click on a state to see prices for the metro areas in that state. The map also includes the number of people per homes sold in the state in 2009. For example, one home was sold for every 72.4 people in California in 2009, while in Nevada one home was sold for every 25.1 people.
