Metropolitan Area Single-Family Existing-Home Prices 4Q 2007
NATIONAL ASSOCIATION OF REALTORS Quarterly Reports
NATIONAL ASSOCIATION OF REALTORS
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Metropolitan Area Existing-Home Prices Single-Family Homes 4th Quarter 2007 ($ in thousands) Metropolitan Area 2005 2006 2007 %Change UNITED STATES 219.0 221.9 217.8 -5.8% NORTHEAST 281.6 280.3 287.7 -4.8% MIDWEST 168.3 164.8 161.4 -3.2% SOUTH 181.1 183.7 178.9 -5.4% WEST 340.3 350.5 342.3 -8.7% Akron, OH 120.5 114.6 119.3 -1.0% Albany-Schenectady-Troy, NY 183.5 195.4 198.7 0.5% Albuquerque, NM 169.2 184.2 198.5 4.5% Allentown-Bethlehem, PA-NJ 243.4 248.1 260.5 -1.3% Amarillo, TX 107.1 114.9 118.4 11.0% Anaheim-Santa Ana, CA 691.9 709.0 699.6 -4.8% Appleton, WI 129.6 129.2 130.0 1.9% Atlanta-Marietta, GA 167.2 171.8 172.0 -1.5% Atlantic City, NJ 256.1 254.8 269.7 10.7% Austin-Round Rock, TX 163.8 173.7 183.7 6.4% Baltimore-Towson, MD 265.3 279.9 286.1 -1.0% Barnstable Town, MA 398.3 389.5 384.7 2.4% Baton Rouge, LA 146.2 169.5 173.0 -2.1% Beaumont-Port Arthur, TX 98.5 112.7 123.0 -5.3% Binghamton, NY 94.4 96.9 111.1 14.8% Birmingham-Hoover, AL 157.0 165.1 162.2 -3.5% Bismarck, ND 124.9 134.9 152.9 13.5% Bloomington-Normal, IL 159.2 152.2 154.0 -4.0% Boise City-Nampa, ID 147.0 N/A 206.0 -5.5% Boston-Cambridge-Quincy, MA-NH 413.2 402.2 395.6 -1.9% Boulder, CO 348.4 366.4 376.2 3.4% Bridgeport-Stamford-Norwalk, CT 482.4 473.7 486.6 3.3% Buffalo-Niagara Falls, NY 99.0 97.9 104.0 9.1% Canton-Massillon, OH 102.2 109.3 110.3 -7.6% Cape Coral-Fort Myers, FL 269.2 268.2 252.1 -13.0% Cedar Rapids, IA 131.8 133.8 136.2 4.4% Champaign-Urbana, IL 137.7 143.0 144.1 1.4% Charleston-North Charleston, SC 197.0 212.4 215.4 -3.0% Charleston, WV 118.4 119.4 122.5 7.5% Charlotte-Gastonia, NC-SC 180.9 190.6 204.3 3.3% Chattanooga, TN-GA 131.9 136.0 130.9 -9.7% Chicago-Naperville-Joliet, IL 264.2 273.5 276.6 -2.6% Cincinnati-Middletown, OH-KY-IN 145.9 143.2 140.8 -4.5% Cleveland-Elyria-Mentor, OH 138.9 134.4 130.0 -9.4% Colordo Springs, CO 205.9 218.2 217.5 -4.0% Columbia, SC 135.0 141.6 146.6 N/A Columbus, OH 152.0 148.1 147.4 -1.1% Corpus Christi, TX 125.2 131.8 136.5 6.3% Cumberland, MD-WV 87.4 95.7 109.4 19.0% Dallas-Fort Worth-Arlington, TX 147.6 149.5 150.9 0.5% Danville, IL 67.7 N/A N/A N/A Davenport-Rock Island, IA-IL 117.9 119.7 108.7 -1.6% Dayton, OH 119.7 116.7 115.6 -10.8% Decatur, IL 82.1 85.4 83.1 -15.9% Deltona-Daytona Beach, FL 192.5 205.8 192.3 -8.8% Denver-Aurora, CO 247.1 249.5 245.4 -6.3% Des Moines, IA 145.5 145.1 149.2 5.6% Detroit-Warren-Livonia, MI 163.8 151.7 140.3 -13.8% Dover, DE 180.4 208.0 207.5 -3.2% Durham, NC N/A 172.8 178.5 5.6% Elmira, NY 77.1 86.8 81.6 3.6% El Paso, TX 111.8 127.6 131.9 1.4% Erie, PA 100.0 101.3 98.1 -3.9% Eugene-Springfield, OR 197.6 230.6 239.6 2.9% Fargo, ND-MN 132.8 136.5 140.9 3.7% Farmington, NM 155 172 191 1.9% Ft. Wayne, IN 102.3 99.7 97.1 -10.5% Gainesville, FL 184.0 213.2 211.1 -7.0% Gary-Hammond, IN 129.8 128.1 134.2 1.1% Glens Falls, NY 153.1 161.6 167.6 -6.0% Grand Rapids, MI 137.8 134.5 129.4 -4.0% Green Bay, WI 154.8 151.3 150.7 2.3% Greensboro-High Point, NC 147.8 149.4 152.0 0.3% Greenville, SC 145.4 152.0 153.6 3.6% Gulfport-Biloxi, MS 131.4 145.8 154.5 -1.1% Hagerstown-Martinsburg, MD-WV 208.7 223.1 208.5 -10.2% Hartford, CT 253.3 258.1 263.2 1.6% Honolulu, HI 590.0 630.0 643.5 0.9% Houston-Baytown-Sugar Land, TX 143.0 149.1 152.5 1.1% Indianapolis, IN 123.8 119.3 120.5 -2.6% Jackson, MS 133.8 147.1 139.0 -16.8% Jacksonville, FL 175.2 193.0 189.2 -1.6% Kalamazoo-Portage, MI 121.1 N/A N/A N/A Kankakee-Bradley, IL 127.1 131.5 134.5 -1.0% Kansas City, MO-KS 156.7 155.8 153.2 -3.2% Kennewick-Richland-Pasco, WA 154.1 156.1 169.2 14.0% Kingston, NY 251.0 252.7 258.4 1.2% Knoxville, TN 143.7 151.2 156.4 0.9% Lansing-E.Lansing, MI 142.2 137.7 126.8 -18.8% Las Vegas-Paradise, NV 304.7 317.4 297.7 -12.8% Lexington-Fayette,KY 146.9 147.8 147.5 -2.3% Lincoln, NE 137.2 137.5 137.5 0.3% Little Rock-N. Little Rock, AR 119.0 127.0 129.1 1.3% Los Angeles-Santa Ana, CA 529.0 584.8 589.2 -13.1% Louisville, KY-IN 135.8 137.6 137.4 -3.3% Madison, WI 218.3 223.2 226.5 1.0% Memphis, TN-MS-AR 141.2 142.3 137.2 -12.4% Miami-Fort Lauderdale-Miami, FL 363.9 371.2 365.5 -5.7% Milwaukee-Waukesha, WI 215.7 220.9 223.4 4.1% Minneapolis-Bloomington, MN-WI 234.8 232.3 225.2 -4.9% Mobile, AL 130.5 137.0 136.4 0.1% Montgomery, AL 133.3 144.2 143.8 2.7% Nashville-Davidson, TN 161.8 N/A N/A N/A New Haven-Milford, CT 279.1 287.7 286.5 -3.6% New Orleans-Metairie-Kenner, LA 159.2 173.1 160.3 -2.4% New York-Long Island, NY-NJ-PA 445.2 469.3 469.7 -1.1% New York-White Plains, NY-NJ 495.2 539.4 540.3 3.6% NY: Edison, NJ 375.5 387.7 380.3 0.5% NY: Nassau-Suffolk, NY 465.2 474.7 477.2 -2.5% NY: Newark-Union, NJ-PA 416.8 433.0 443.7 5.3% Norwich-New London, CT 255.9 264.0 267.7 -2.2% Ocala, FL 143.5 165.8 164.6 -9.1% Oklahoma City, OK 114.7 125.0 134.2 8.2% Omaha, NE-IA 136.2 138.4 138.0 -0.4% Orlando, FL 243.6 270.4 261.3 -11.7% Palm Bay-Melbourne, FL 209.7 212.0 183.6 -13.0% Pensacola-Ferry Pass-Brent, FL 162.1 166.0 165.6 -3.1% Peoria, IL 109.3 112.7 118.6 8.8% Philadelphia, PA-NJ-DE-MD 215.3 230.2 234.6 1.1% Phoenix-Mesa-Scottsdale, AZ 247.4 268.2 257.4 -7.8% Pittsburgh, PA 116.1 116.1 120.7 4.2% Pittsfield, MA 207.3 212.9 217.4 -8.2% Portland-South Portland, ME 246.6 243.8 242.7 -1.3% Portland-Vancouver, OR-WA 244.9 280.8 295.2 1.8% Providence-New Bedford, RI-MA 293.4 289.6 286.6 -6.2% Raleigh-Cary, NC 194.9 213.8 224.2 4.0% Reading, PA 136.6 143.2 154.7 7.3% Reno-Sparks, NV 349.9 347.2 321.4 -9.4% Richmond, VA 201.9 225.5 233.7 -1.6% Riverside-San Bernardino, CA 374.2 400.7 381.4 -16.8% Rochester, NY 113.5 114.8 117.9 8.4% Rockford, IL 118.2 119.3 119.2 -6.8% Sacramento-Roseville, CA 375.9 374.5 342.7 -18.5% Saginaw-Saginaw Township, MI N/A N/A 82.1 N/A Saint Louis, MO-IL 141.0 148.4 145.4 -7.0% Salem, OR 177.7 212.9 228.3 3.6% Salt Lake City, UT 173.9 203.0 232.0 2.5% San Antonio, TX 133.9 141.7 153.2 7.9% San Diego-San Marcos, CA 604.3 601.8 588.7 -9.8% San Francisco-Oakland, CA 715.7 752.8 805.4 5.5% San Jose-Santa Clara, CA 744.5 775.0 836.8 11.2% Sarasota-Bradenton-Venice, FL 354.2 334.3 310.9 -9.0% Seattle-Tacoma-Bellevue, WA 316.8 361.2 386.9 1.2% Shreveport-Bossier City, LA 124.3 132.2 135.6 3.6% Sioux Falls, SD 135.8 138.0 144.5 6.5% South Bend-Mishawaka, IN 96.6 92.7 90.7 -3.9% Spartanburg, SC 121.2 126.7 128.6 0.4% Spokane, WA 156.4 184.1 193.7 2.6% Springfield, IL 106.4 105.4 109.0 14.4% Springfield, MA 201.8 209.6 211.9 3.5% Springfield, MO 121.1 124.8 122.6 0.9% Syracuse, NY 110.6 116.8 121.8 9.4% Tallahassee, FL 167.6 177.5 179.5 -2.4% Tampa-St.Petersburg, FL 205.3 228.9 214.9 -12.2% Toledo, OH 117.3 110.0 106.6 -0.8% Topeka, KS 105.7 106.1 111.9 11.1% Trenton-Ewing, NJ 261.1 289.6 307.1 6.2% Tucson, AZ 231.6 244.9 244.8 -1.5% Tulsa, OK N/A N/A N/A N/A Virginia Beach-Norfolk, VA-NC 197.2 235.5 245.0 0.3% Washington, DC-VA-MD-WV 425.8 431.0 430.8 -5.1% Waterloo/Cedar Falls, IA 102.2 108.9 112.8 12.1% Wichita, KS 108.0 114.9 115.6 0.4% Worcester, MA 290.7 281.7 274.6 -5.7% Yakima, WA 133.9 136.5 156.5 18.0% Youngstown-Warren, OH-PA 85.6 81.5 78.9 -9.3% * All areas are metropolitan statistical areas (MSA) as defined by the US Office of Management and Budget as of 2004. ** Boston-Cambridge-Quincy, MA-NH - Data from New Hampshire not available They include the named central city and surrounding areas. N/A Not Available p Preliminary r Revised © 2008 National Association of REALTORS