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Real Estate Prices Increasing

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June 13, 2016 by David Garrett

According to the National Association of Realtors Metro Home Price Report, home prices saw a steady increase in the first quarter of 2016.  154 metropolitan areas out of 187 saw price increases.  The top gainers and losers are:

The five most expensive housing markets in the first quarter were the San Jose, Calif., metro area, where the median existing single-family price was $970,000; San Francisco, $770,300; Honolulu, $721,400; Anaheim-Santa Ana, Calif., $713,700; and San Diego, $554,300.

The five lowest-cost metro areas in the first quarter were Cumberland, Md., $67,400; Youngstown-Warren-Boardman, Ohio, $77,500; Decatur, Ill., $83,300; Wichita Falls, Texas, $95,200, and Rockford, Ill., $95,800.

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Seisin Realty Group, Inc.

10300 Fourth Street #150
Rancho Cucamonga, Ca 91730
DRE LICENSE #01911957

Theresa - (909) 528-0843

theresa@seisinrgi.com

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