Florida Leads Nation in Home List Price Increases

Posted by Marc Rasmussen on Saturday, November 5th, 2011 at 6:36am.

Inside Real Estate at The Sarasota Herald has an interesting story.

homeappreciation_445

The National Association of Realtors (NAR) came out recently with a list of the top 10 cities in the country with the highest percentage median list price change from September 2010 to September 2011. Seven out of the ten top cities are in Florida with Sarasota, Florida at #4! The median list price was $233,000 which is 16.53% change from September 2010. 

Theories to this increase include:

  • Lack of lower priced properties
  • Increase in higher priced sellers
  • Seller's confidence about what they can get for their homes
According to NAR, the median list price has risen 1.6 percent to $190,000, the NAR reported.

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