Which Homes Have Appreciated the Most?

    Which Homes Have Appreciated the Most? | Simplifying The Market

    Home values have risen dramatically over the last twelve months. The latest Existing Home Sales Report from the National Association of Realtors puts the annual increase in the median existing-home price at 7.1%. CoreLogic, in their most recent Home Price Insights Report, reveals that national home prices have increased by 6.9% year-over-year.

    The CoreLogic report broke down appreciation even further into four different price categories:

    1. Lower Priced Homes: priced at 75% or less of the median
    2. Low-to-Middle Priced Homes: priced between 75-100% of the median
    3. Middle-to-Moderate Priced Homes: priced between 100-125% of the median
    4. High Price Homes: priced greater than 125% of the median

    Here is how each category did in 2016:

    Which Homes Have Appreciated the Most? | Simplifying The Market

    Bottom Line

    The lower priced homes (which are more in demand) appreciated at greater rates than the homes at the upper ends of the spectrum.

    Comments are closed.

    About our blog

    Ranked #1 Realtor in Tampa by U.S. News and World Report.

    Doug, Annette & Dale Bohannon

    Team Bohannon Real Estate Experts

    Keller Williams Tampa Properties
    Tampa, Florida

    (813) 979-4963

    If you're looking for a trusted partner who exceeds expectations, reduces stress, fulfills promises, and is on top of all the details, consider Tampa's Top Real Estate Team: Doug, Annette and Dale Bohannon when buying or selling your home, call us today at 813-979-4963

    Contact Us Now

    Any questions, comments, or feedback