Prices Ease to Stable Growth

 Median price growth improved in 122 of 173 markets in the 2nd quarter of 2014.  Salem, Oregon surged 24.9% on a year-over-year basis followed by Eugene.  With the exception of Lansing and Charlotte, markets in the California, Nevada, and Florida rounded out the top 10 (left, below).

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While the number of markets that experienced year-over-year growth eased from 126 in the 1st quarter to 119 in the 2nd, 23 markets shifted from negative year-over-year growth in the 1st quarter to positive growth in the 2nd.  Smaller markets in the Midwest and South dominated this list, sustaining an expansion of growth or stabilization in the 2nd quarter as the large, coastal markets eased.

By: Doug Grant

Doug Grant and The Grant Group have been ranked the #1 Coldwell Banker Team in FL and amongst the top 100 teams in the U.S. by NRT. Doug is a known local expert. He's been a resident of Naples & Bonita Springs for 37 years and has been selling prime SWFL Real Estate for 28 years.

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