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CopyofHome-Prices.xlsx

Data

City 1997 Median Price 1997 Change 1998 Forecast 1993-98 Annualized Change
Albany,N.Y. $109,333 2.4 12.3 1.9
Albuquerque $128,200 4.9 9.2 6.9
Allentown,pa. $98,155 12.5 7.7 2.1
Anchorage,Alaska $142,930 34.4 1.9 9.7
Ann Arbor,Mich. $152,327 17.3 13.4 9.2
Atlanta $111,346 10.5 13.9 6.7 1997 Median Price
Austin,Tex. $116,662 7.8 8.6 6.8
Baltimore $119,256 6 8.1 2.2 Mean 122343.62
Baton Rouge,La. $88,014 0.4 7.7 4.6 Standard Error 4358.7350178596
Bergen and Passaic Counties,N.J. $204,307 2.8 8.6 1.9 Median 112393.5
Billings, Mont. $114,628 -3.3 8.1 1.7 Mode ERROR:#N/A
Birmingham,Ala. $115,835 1.4 7.7 5 Standard Deviation 43587.3501785956
Boise,Idaho $105,882 4.7 0.9 5.1 Sample Variance 1899857095.59152
Boston $184,311 4.5 3.2 4 Kurtosis 5.070322278
Buffalo $85,736 3.6 5.9 3.1 Skewness 2.046653093
Burlington,Vt. $102,720 8.3 10.4 -0.3 Range 240031
Casper,Wyo. $92,924 8.1 7 7.6 Minimum 70464
Charleston,W.Va. $90,351 0.1 13.5 5.7 Maximum 310495
Charlotte,N.C. $120,391 3.2 7.8 3.7 Sum 12234362
Chicago $157,936 5.1 10.3 4.6 Count 100
Cincinnati $112,027 7.1 9.2 6.6
Cleveland $117,836 5.6 5.5 6.4
Columbia,S.C. $98,790 6.3 9.6 4.8
Columbus,Ohio $120,028 11.2 11.8 7.9
Dallas $110,730 7.2 9.1 5.6
Dayton $98,377 3.9 8.6 6.2
Denver $144,443 8.4 9.6 8.8
Des Moines $96,222 4.2 9.7 6.2
Detroit $120,985 9.1 10.3 9
El Paso, Tex. $73,699 -3.1 -3.1 -0.1
Fargo, N.D. $85,812 3.3 8.7 4.6
Flint, Mich. $102,351 14.2 6.8 6.6
Fort Lauderdale,Fla. $120,403 7.1 0.2 3.2
Fort Wayne, Ind. $95,932 6 5.1 3.6
Fresno, Cal. $157,383 0.7 3.8 0.4
Gary, Ind. $95,072 0.1 4.4 3.8
Grand Rapids $94,789 8.7 9.1 6.2
Harrisburg, Pa. $117,583 13.1 8.3 4.4
Hartford $140,341 0.9 7.8 2.2
Honolulu $310,495 -7 0 -2.8
Houston $90,238 6.8 10.3 4.3
Indoanapolis $102,089 4.3 5 4.4
Jackson, Miss. $97,693 -3.9 0.4 3.5
Jacksonville. Fla. $89,359 1.3 7.3 4.6
Kansas City, Mo. $96,207 -2.6 -3.2 2.3
Knoxville, Tenn. $101,361 2.6 5.1 4.6
Las Vegas $119,422 0.8 5.7 3.2
Little Rock, Ark. $87,151 4.2 9.6 3.8
Los Angeles $174,243 2 6.9 -0.9
Louisville, Ky. $97,433 6.6 7.3 7.1
Manchester, N.H. $124,042 13.4 9.3 3.5
Memphis $104,752 8.9 7 5.3
Miami $115,065 1.7 -5.2 2
Milwaukee $127,240 7.1 7.9 5.8
Minneapolis-St.Paul $117,481 2.3 8.2 5.4
Mobile,Ala. $84,014 1.2 5.8 5.5
Nashville $116,386 3.4 8.2 6.9
Nassau and Suffolk counties, N.Y. $167,716 5.1 9.6 2.9
New Have, Conn. $140,048 5.6 13.9 2.3
New Orleans $88,406 1.7 5.2 4
New York City $179,157 1.7 3.8 1.5
Newark, N.J. $191,937 -0.1 3.8 1.6
Norfolk, Va. $106,766 -1.6 6.8 2.9
Oakland, Cal. $232,864 2.3 8.8 3.2
Oklahoma City, Okla. $70,464 -5.2 1.4 2.1
Omaha, Neb. $84,213 -4.2 1.5 3.6
Orange County, Cal. $229,255 7.4 9.7 3
Orlando $93,372 1.3 3.3 1.4
Peoria,Ill. $77,890 54 11.2 6.6
Philadelphia $135,248 12.1 3 3.5
Phoenix $112,760 7.1 8.7 6.6
Pittsburgh $88,500 4.7 5.6 2.8
Portland, Maine $132,353 1.7 8.4 2.1
Portland, Ore. $152,197 7.7 8.9 9.5
Providence, R.I. $122,316 4.1 7.5 2.5
Raleigh-Durham, N.C. $149,844 10.6 4 7.6
Richmond $115,392 6.5 12.5 6.8
Riverside, Cal. $115,134 0 11.9 -0.9
Rochester,N.Y. $87,779 2.2 7.1 2.2
Sacramento,Cal. $115,783 0.7 9 -0.5
St. Louis, Mo. $89,513 -1.6 -1.3 0.9
Salt Lake City $122,212 -0.3 2.7 8.3
San Antonio $85,981 1.4 7.6 3.9
San Diego $184,594 5.8 8.7 2.6
San Francisco $289,023 9 9.6 4.8
San Jose, Cal. $247,225 4.8 10.6 4.6
Sarasota, Fla. $102,738 0.5 7.9 4.1
Scranton, Pa. $98,279 14.7 7 4.2
Seattle $173,110 5.3 7.5 4.5
Sioux Falls, S.D. $90,940 4.1 10.8 6.2
Springfield, Mass. $105,957 0.9 9.2 0.7
Syracuse, N.Y. $79,627 0.9 11.7 1
Tampa $82,578 1.5 5.1 3.1
Toledo $89,107 5.9 13.4 7.1
Tucson, Ariz. $104,324 -0.9 4.8 4.6
Tulsa $78,363 -4.3 1.2 2.2
West Palm Beach, Fla. $130,707 3.4 4.4 3.7
Washington,D.C. $170,568 6.5 13.6 4.2
Wichita, Kan. $84,125 4.1 12.6 5.9
Wilmington,Del. $137,279 4 4.7 10.3

Description

file: Home-Prices.xlsx

1997 median price of existing single-family homes in 100 of the largest metropolitan areas in the U.S. Also included are the 1997 change in price and the 1998 forecast. Finally, the data shows the annualized change in the median home price for each metropolitan area for the period 1993 to year end 1998. Source: The numbers were supplied by Standard & Poor' DRI and reported in Kiplinger ONLINE http://kiplinger.com/magazine/archives/1998/January/homprice.html