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Thursday, January 26, 2012

10 Cities Where List Prices Soared in the Last Year

10 Cities Where List Prices Soared in the Last Year
List prices are heating up in Florida, as recovery takes hold in the Sunshine State. Florida boasts the highest number of cities in the top 10 for largest increases in median list prices in the last year. In Miami alone, median list prices have jumped 32 percent in the last year. 

Nationwide, median list prices have inched up 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:

1. Miami, Florida
Year-over-year increase: 32.50%
Median list price: $265,000
2. Naples, Florida
Year-over-year increase: 21.67%
Median list price: $365,000

3. Fort Myers-Cape Coral, Florida
Year-over-year increase: 21.47%
Median list price: $229,375

4. Punta Gorda, Florida
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, Florida
Year-over-year increase: 18.38%
Median list price: $219,000

7. Sarasota-Bradenton, Florida
Year-over-year increase: 17.62%
Median list price: $241,000

8. Daytona Beach, Florida
Year-over-year increase: 16.06%
Median list price: $179,900

9. Phoenix-Mesa, Arizona
Year-over-year increase: 13.79%
Median list price: $165,000

10. Grand Rapids-Muskegon-Holland, Michigan
Year-over-year increase: 13.32%
Median list price: $137,000

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