Economic Project
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