5 Strong Performing Housing Markets

5 Strong Performing Housing Markets
Daily Real Estate News | Tuesday, September 11, 2012

Several real estate markets are showing signs of recovery, with median home prices and sales rising. But which markets are showing some of the strongest signs of recovery?

24/7 Wall St. recently evaluated home price changes for the year ending in July, foreclosure data, the unemployment rate, and other factors to help determine which housing markets are performing some of the strongest. The states that emerged on top of the list are:

1. Arizona
Home price change in the last year year: +16.6%
Median home price: $248,229

2. Idaho
Home price change in the last year: +10%
Median home price: $85,000

3. Utah
Home price change in the last year: +9.3%
Median home price: $129,000

4. South Dakota
Home price change in the last year: +8.3%
Median home price: $101,700

5. Colorado
Home price change in the last year: +7.3%
Median home price: $240,000

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