The median list price was at $190,000 in August, dropping 2.51 percent from July, Realtor.com reports in its August housing data of 146 markets.
However, a limited inventory of homes for-sale are helping to push prices up in many areas.
“The recovery process, which began a year ago in Florida and has since spread to the West, continued to gain traction in August, with list-price gains in most California markets, as well as other hard-hit metros such as Phoenix.; Boise City, Idaho; Seattle and Reno, Nev.,” Realtor.com reported in a release of its data.
The following areas saw the biggest growths in their list prices month-over-month in August:
1. Iowa City
Month-over-month: +6.5 percent
Median list price: $212,900
2. Santa Barbara-Santa Maria-Lompoc, Calif.
Month-over-month: +5.34 percent
Median list price: $749,000
3. Stockton-Lodi, Calif.
Month-over-month: +3.03 percent
Median list price: $170,000
4. Sacramento, Calif.
Month-over-month: +2.27 percent
Median list price: $225,000
5. Riverside-San Bernardino, Calif.
Month-over-month: +1.90 percent
Median list price: $214,000
6. Macon, Ga.
Month-over-month: +1.90 percent
Median list price: $139,500
The author of this article is: realtormag.realtor.org
See the original post at: Melissa Dittman
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