10 Cities Where List Prices Soared in the Last 12 months in the United States !
PRESS RELEASE : Thursday January 26, 2012
From the desk of : Joe Kendall. Broker Associate
Sandals Realty of Fort Myers and Naples
I would like to share some real estate information of our local real estate market in Cape Coral and Fort Myers reported by realtor.com . Listing Prices are increasing in Fort Myers and Cape Coral Florida , as recovery takes hold in many cities in Florida.
Florida boasts the highest number of cities in the top 10 for largest increases in median list prices in the last year.
Nationwide, median list prices have inched up only 5.03 percent from December 2010 to December 2011, according to Realtor.com data.
The following cities are where median list prices have increased the most in the last year, based on December 2011 data of 146 metro areas from Realtor.com:
If you are in the market you buy in Southwest Florida now is the time to do it ! Prices should slowly climb through 2012 into 2013
REMEBER PRICES ARE ALWAYS REFLECTED ON SUPPLY AND DEMAND!
1. Miami, Fla.
Year-over-year increase: 32.50%
Median list price: $265,000
2. Naples, Fla.
Year-over-year increase: 21.67%
Median list price: $365,000
3. Fort Myers-Cape Coral, Fla.
Year-over-year increase: 21.47%
Median list price: $229,375
4. Punta Gorda, Fla.
Year-over-year increase: 19.42%
Median list price: $179,000
5. Boise City, Idaho
Year-over-year increase: 19.25%
Median list price: $154,900
6. West Palm Beach-Boca Raton, Fla.
Year-over-year increase: 18.38%
Median list price: $219,000
7. Sarasota-Bradenton, Fla.
Year-over-year increase: 17.62%
Median list price: $241,000
8. Daytona Beach, Fla.
Year-over-year increase: 16.06%
Median list price: $179,900
9. Phoenix-Mesa, Ariz.
Year-over-year increase: 13.79%
Median list price: $165,000
10. Grand Rapids-Muskegon-Holland, Mich.
Year-over-year increase: 13.32%
Median list price: $137,000
reported By Melissa Dittmann Tracey, REALTOR® Magazine Daily News
Please call or email me with any questions you may have reagrding the real estate market in Southwest Florida.
Joe Kendall "Broker Joe"