Friday, April 27, 2007

Metro Area Median Home Prices Ranked 2005

Median Home Prices by MSA ranked.

NEW YORK (CNN/Money) - Single-home price growth over the 12 months ending June 30 was the strongest in history, according to the National Association of Realtors.

Link: http://money.cnn.com/pf/features/li...rice.html#table

The list in the link above includes duplications of Metro Areas and Metro Divisions, in particular with New York City and Los Angeles.

The list below includes only traditional MSAs with over 500,000 residents based on 2004 U.S. Census Bureau estimates.

Twelve MSAs over 500,000 were not included and no explanation was given. Perhaps this is due to latest data not available.

Those MSAs over 500,000 not included (listed in order of population size) are:

San Jose-Sunnyvale-Santa Clara, CA
Charlotte-Gastonia-Rock Hill, NC-SC
Fresno, CA
Oxnard-Thousand Oaks-Ventura, CA
Bakersfield, CA
Poughkeepsie-Newburgh-Middletown, NY
McAllen-Edinburgh-Pharr, TX
Stockton, CA
Scranton-Wilkes Barre, PA
Lakeland-Winter Haven, FL
Harrisburg-Carlisle, PA
Augusta, GA

The remainder of MSAs over 500,000 are ranked below by median home price.

* Please note that median home price differs from average home price as the median price means that half the homes are worth more and half the homes are worth less, whereas average includes the value of all homes divided by number of homes.

Rank; MSA; Median Price 6-30-05

1. San Francisco-Oakland-Fremont, CA $726,900
2. San Diego-Carlsbad-San Marcos, CA $605,600
3. Honolulu, HI $577,800
4. Bridgeport-Stamford-Norwalk, CT $487,300
5. Los Angeles-Long Beach-Santa Ana, CA $474,800
6. New York-Newark-Edison, NY-NJ-PA $452,700
7. Washington-Arlington-Alexandria, DC-VA-MD-WV $429,200
8. Boston-Cambridge-Quincy, MA-NH $418,500
9. Sacramento-Arden Arcade-Roseville, CA $377,400
10. Miami-Fort Lauderdale-West Palm Beach, FL $371,600
11. Sarasota-Bradenton-Venice, FL $367,800
12. Riverside-San Bernardino-Ontario, CA $367,600
13. Seattle-Tacoma-Bellevue, WA $310,300
14. Las Vegas-Paradise, NV $300,00
15. Worcester, MA $292,300
16. Providence-New Bedford-Fall River, RI-MA $291,600
17. New Haven-Milford, CT $283,800
18. Cape Coral-Fort Myers, FL $266,800
19. Baltimore-Towson, MD $264,700
20. Chicago-Naperville-Joliet, IL-IN-WI $263,600
21. Hartford-West Hartford-East Hartford, CT $257,700
22. Allentown-Bethlehem-Easton, PA-NJ $249,100
23. Denver-Aurora, CO $248,400
24. Portland-South Portland, ME $247,200
25. Phoenix-Mesa-Scottsdale, AZ $243,400
26. Portland-Vancouver-Beaverton, OR-WA $238,000
27. Minneapolis-St. Paul-Bloomington, MN-WI $237,700
28. Orlando, FL $232,200
29. Tucson, AZ $228,500
30. Madison, WI $220,100
31. Milwaukee-Waukesha-West Allis, WI $216,800
32. Colorado Springs, CO $214,200
33. Philadelphia-Camden-Wilmington, PA-NJ-DE-MD $211,000
34. Palm Bay-Melbourne-Titusville, FL $204,000
35. Richmond, VA $198,400
36. Springfield, MA $197,900
37. Tampa-St. Petersburg-Clearwater, FL 204,000
38. Charleston-North Charleston, SC $193,600
39. Virginia Beach-Norfolk-Newport News, VA-NC $192,000
40. Raleigh-Cary, NC $185,200
41. Albany-Schenectady-Troy, NY $176,100
42. Albuquerque, NM $171,700
43. Salt Lake City, UT $169,900
44. Detroit-Warren-Livonia, MI $169,200
45. Austin-Round Rock, TX $166,800
46. Jacksonville, FL $166,600
47. Atlanta-Sandy Springs-Marietta, GA $166,500
48. Boise City-Nampa, ID $161,800
49. Nashville-Murfreesboro, TN $159,700
50. Kansas City, MO-KS $157,100
51. Birmingham-Hoover, AL $156,100
52. Columbus, OH $155,900
53. New Orleans-Metairie-Kenner, LA $152,600
54. Memphis, TN-MS-AR $150,100
55. Dallas-Fort Worth-Arlington, TX $149,100
56. Cincinnati-Middletown, OH-KY-IN $148,500
57. Greensboro-High Point, NC $148,000
58. Des Moines, IA $145,100
59. Cleveland-Elyria-Mentor, OH $144,700
60. Knoxville, TN $143,400
61. Greenville, SC $143,200
62. Houston-Baytown-Sugar Land, TX $142,500
63. St. Louis, MO-IL $141,900
64. Grand Rapids, MI $139,000
65. Omaha-Council Bluffs, NE-IA $137,300
66. Louisville, KY-IN $136,800
67. Baton Rouge, LA $135,400
68. San Antonio, TX $134,000
69. Columbia, SC $133,700
70. Jackson, MS $124,600
71. Indianapolis, IN $124,600
72. Akron, OH $119,800
73. Dayton, OH $119,400
74. Little Rock-North Little Rock, AR $118,900
75. Toledo, OH $118,600
76. Pittsburgh, PA $118,500
77. Tulsa, OK $117,400
78. Oklahoma City, OK $115,700
79. Rochester, NY $110,700
80. El Paso, TX $108,900
81. Syracuse, NY $108,700
82. Wichita, KS $106,300
83. Buffalo-Niagra Falls, NY $97,500
84. Youngstown-Warren-Boardman, OH-PA $82,900>

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