The list price per square foot is gaining in many areas, rising to $181 in June, according to real estate brokerage Movoto’s national housing report.
The increase in list price per square foot was the most dramatic in Sacramento, where it rose from $91 per square foot in June 2012 to $153 per square foot last month—about a 68 percent increase.
The following cities have seen the largest year-over-year increases (June 2012 to June 2013) in price per square footage:
- Sacramento: $153 (a 68.1 percent year-over-year increase)
- Phoenix: $126 (+44.8% year-over-year)
- Oakland, Calif.: $304 (+37.6% year-over-year)
- Mesa, Ariz.: $118 (+37.2% year-over-year)
- Los Angeles: $435 (+28.3% year-over-year)
- Long Beach, Calif.: $342 (+26.2% year-over-year)
- Las Vegas: $105 (+22.1% year-over-year)
- San Diego: $359 (+20.1% year-over-year)
- Boston: $468 (+19.1% year-over-year)
- Jacksonville, Fla.: $90 (+18.4% year-over-year)
- Atlanta: $148 (+18.4% year-over-year)
The only two cities to see a decrease in price per square foot were Chicago and New Orleans, according to Movoto.
The author of this article is: realtormag.realtor.org
See the original post at: http://realtormag.realtor.org/daily-news/2013/07/08/where-cost-square-foot-skyrocketing
At GayRealEstate.com, we keep you updated with all the gay realtor, lesbian realtor, gay realty, gay real estate and general real estate news affecting the LGBT community coast to coast, and in your neighborhood.
Click here for list of gay realtors, lesbian realtors and gay friendly realtors Nationwide.
If you have a real estate story that you’d like to share with us with the gay and lesbian real estate community, please contact us at: manager@gayrealestate.com
