10 cities with record-breaking home prices in 2016
Published February 9, 2017 2:34 PM
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Updated March 1, 2017 6:14 PM
1 Min Read
Not only did home values continue their recovery in 2016, but because of the continued shortage of properties for sale, a significant percentage of locales saw their median sales price hit an all-time high, according to Attom Data Solutions. There were 89 markets out of 201 with population over 200,000 people, 44%, that reached a peak last year, including Dallas-Fort Worth, Houston, Atlanta, Boston and San Francisco. Here are the 10 metropolitan statistical areas that set an all-time peak and posted the largest year-over-year gain in their median sales price, based on information from Attom.
No. 10: Nashville-Davidson-Murfreesboro-Franklin, Tenn.
2016 median sales price: $203,000 Year-over-year increase: 9.7%
No. 9: Pensacola-Ferry Pass-Brent, Fla.
2016 median sales price: $150,000 Year-over-year increase: 11.1%
No. 8: Kennewick-Richland, Wash.
2016 median sales price: $205,000 Year-over-year increase: 11.2%
No. 7: Fort Collins, Colo.
2016 median sales price: $310,500 Year-over-year increase: 11.3%
No. 6: Denver-Aurora-Lakewood, Colo.
2016 median sales price: $330,000 Year-over-year increase: 11.3%
No. 5: Urban Honolulu, Hawaii
2016 median sales price: $515,000 Year-over-year increase: 12%
No. 4: Portland-Vancouver-Hillsboro, Ore.-Wash.
2016 median sales price: $315,000 Year-over-year increase: 12.1%
No. 3: Salem, Ore.
2016 median sales price: $214,000 Year-over-year increase: 12.7%
No. 2: Boulder, Colo.
2016 median sales price: $443,000 Year-over-year increase: 13.3%
No. 1: Myrtle Beach-Conway-North Myrtle Beach, S.C.-N.C.
2016 median sales price: $189,950 Year-over-year increase: 23.3%
