Median Real Estate List Prices – Largest year over year Increases - 10 MSAs with the Greatest Year-over-Year List Price Increases

Median Real Estate List Prices – Largest year over year Increases – Five of the ten markets with the largest year-over-year increases in median list price in March 2012 are in Florida. Phoenix-Mesa, Washington DC, and Boise, ID also appear on the list of top 10 MSAs with the largest year-over-year increases in media list prices for March 2012.  The relatively large increases in the median list price in most Florida markets compared to one year ago suggest that these hard-hit areas may have reached bottom and are now into the recovery mode.  However, the large shadow inventory of potential foreclosures in the state could easily undermine the nascent recovery process.

Median Real Estate List Price

10 MSAs with the Greatest Year-over-Year List Price Increases

March 2012 vs March 2011		March 2011 vs March 2010
Phoenix-Mesa, AZ	23.45%	Fort Myers-Cape Coral, FL	36.63%
Miami, FL	22.27%	Lakeland-Winter Haven, FL	8.25%
Boise City, ID	19.73%	Fort Wayne, IN	7.61%
Punta Gorda, FL	17.50%	Fort Pierce-Port St. Lucie, FL	6.74%
Washington, DC-MD-VA-WV(MD)	17.44%	Trenton, NJ	6.56%
Washington, DC-MD-VA-WV(DC)	17.35%	Des Moines, IA	6.46%
Santa Barbara-Santa Maria-Lompoc, CA	15.95%	Shreveport-Bossier City, LA	6.39%
Daytona Beach, FL	15.47%	Columbia, MO	6.33%
West Palm Beach-Boca Raton, FL	15.38%	Sarasota-Bradenton, FL	6.27%
Naples, FL	15.38%	Washington, DC-MD-VA-WV(VA)	6.06%

Information obtained from the National Association of REALTORS.


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