Boise Ranked #3 for top markets with rising list prices!

The spring real estate season is bringing an uptick of optimism.  The national median list price of homes for sale has increased 5.56% over the last year, according to Realtor.com.  This “jump” brings the national median list price to the level it was 2 years ago.   Experts do note, however, that there is a large amount of homes which are being held back from the market by banks which may undermine the optimism.   However, the Greater Boise-Nampa Metro area currently ranks 3rd on the list.

The top 10 markets for rising list prices can be viewed below:

 

Location: Phoenix-Mesa, Ariz.

Year-over-year median list price increase (%)

23.45%

Median list price

$179,000

 

Location: Miami

 

Year-over-year median list price increase (%)

22.47%

Median list price

$269,000

 

Location: Boise-Nampa, Idaho

 

Year-over-year median list price increase (%)

19.73%

Median list price

$155,532

 

Location: Punta Gorda, Fla.

 

Year-over-year median list price increase (%)

17.50%

Median list price

$187,887

 

Location: Washington, D.C.-Md.-Va.-W.Va. (Md.)

 

Year-over-year median list price increase (%)

17.44%

Median list price

$270,000

 

Location:Washington, D.C.-Md.-Va.-W.Va. (D.C.)

 

Year-over-year median list price increase (%)

17.35%

Median list price

$399,000

 

Location: Santa Barbara-Santa Maria-Lompoc, Calif.

 

Year-over-year median list price increase (%)

15.95%

Median list price

$509,000

 

Location: Daytona Beach, Fla.

 

Year-over-year median list price increase (%)

15.47%

Median list price

$179,900

 

Location: West Palm Beach-Boca Raton, Fla.

 

Year-over-year median list price increase (%)

15.38%

Median list price

$225,000

 

Location: Naples, Fla.

 

Year-over-year median list price increase (%)

15.38%

Median list price

$375,000