7 Markets Showing Big Home Price Growth

Daily Real Estate News | Monday, January 07, 2013

Home prices are inching up across the country, as a housing recovery ripples through once hard-hit areas. AOL Real Estate, drawing from Trulia housing data, recently highlighted the top “turnaround housing markets” that have seen the biggest jumps in median home prices in the past year.

1. Las Vegas
   • Median home price for fourth quarter of 2012: $147,000
   • Difference in prices between 2011-2012: +27.5%
2. Seattle
   • Median home price: $299,950
   • Difference in prices between 2011-2012: +24%
3. Phoenix
   • Median home price: $189,000
   • Difference in prices between 2011-2012: +21.8%
4. Oakland, Calif.
   • Median home price: $384,750
   • Difference in prices between 2011-2012: +21%
5. San Jose, Calif.
   • Median home price: $589,950
   • Difference in prices between 2011-2012: +20.8%
6. Salt Lake City
   • Median home price: $159,000
   • Difference in prices between 2011-2012: +18.9%
7. Atlanta
   • Median home price: $159,000
   • Difference in prices between 2011-2012: +18.9%
   
   I think it is about time to buying or selling home now before home price become too high.