House Values Jump in Last 5 Years
Wednesday, October 4th, 2006Data from the 2005 American Community Survey shows that nationally, real median home values soared 32% between 2000 and 2005. However in some markets, values rose three or four times that.
Large cities that saw their median home values soar in the past five years included:
- San Diego up 127.2%
- Los Angeles up 110.2%
- New York up 79.1 %
Leading the pack among smaller cities with a population of 65,000 or more were:
- Boynton Beach, Fla. up 120.3%
- Folsom, Calif. up 99.5%
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