The ranking table of annual average price per square foot has been published for March and it is striking how much the outlying areas have out-performed the inner parts of the valley
Best Home Prices In The Nation
February 26 - The S&P/ Case-Shiller® Home Price Index® was published today covering the 3 months October through December 2018.
Here are the 20 focus cities ranked by their month to month change in home price index:
Los Angeles +0.25%
Las Vegas +0.17%
New York +0.17%
San Diego -0.69%
San Francisco -1.43%
Although it only managed to eke out a tiny month to month rise, Phoenix was placed 6th out of 20 and compared favorably with the national average which was -0.14%
On a year over year basis, the HPI changes were:
Las Vegas +11.4%
Los Angeles +3.7%
San Francisco +3.6%
New York +3.3%
San Diego +2.3%
In this table Las Vegas and Phoenix are a long way ahead of the rest of the pack. The national average is 4.7% and none of the 20 cities is negative year over year.
Chad grew up in the Phoenix area, and can't imagine living anywhere else. After working in finance for 6 years, he decided to make the move to real estate in late 2004. Real Estate runs in his family,....
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