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Metropolitan Area Median Prices and Affordability
NAR releases statistics on metropolitan area median home prices each quarter. The price report reflects sales prices of existing single-family homes by metropolitan statistical area (MSA).
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Growth in metropolitan area median home prices increased in the third quarter, and more areas are showing gains, according to the latest quarterly report by the National Association of Realtors®.
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Realtor.com data indicates that the housing recovery, which began a year ago in Florida and has since spread to the West, is gaining more traction. Find out which markets have seen the largest increase in list prices.
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More metro areas have seen an uptick in housing permits, employment, and home prices in the last six consecutive months, according to an improving markets index.
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Nevada, Florida, and other swing states battered by the housing downturn are finally showing signs of improvement. Will it impact the upcoming presidential election?
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Median existing single-family home prices are rising in more metropolitan areas, but a lack of inventory is limiting buyer choices in more markets around the country.
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Median existing single-family home prices are firming in many metropolitan areas, while improving sales and declining inventory are creating more balanced conditions, according to the latest quarterly report by the National Association of Realtors®.
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The median existing single-family home price rose in 29 out of 149 metropolitan statistical areas in the fourth quarter from a year earlier; two were unchanged and 118 areas had price declines.
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In 2005, the NATIONAL ASSOCIATION OF REALTORS® updated its Metropolitan Statistical Area (MSA) Home Price Series based on new information from the U.S. Office of Management (OMB) in 2003. The MSAs in our metro home price report are now based on 2000 Census Data.
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Metro area median existing-home prices in the third quarter generally were down from a year ago, while sales rose in every state from the third quarter of 2010.
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Median existing-home prices declined modestly in the second quarter with 27 percent of metropolitan areas experiencing price gains from a year ago, while state home sales declined from the second quarter of 2010.