Monday, February 18, 2008

US comparison update

Below is a table of median single family homes across the U.S. with some Canadian locations thrown in. No adjustment was required in currency. Canadian info from January MLS reports. US data from CNN.

The U.S. median fell from 220K to 206K since last time I posted.

oungstown-Warren-Boardman OH-PA $72.60
Saginaw-Saginaw Township North MI $74.90
Decatur IL $75.00
Elmira NY $81.20
South Bend-Mishawaka IN $86.30
Ft. Wayne IN $90.90
Canton-Massillon OH $98.10
Erie PA $98.60
Davenport-Moline-Rock Island IA-IL $102.10
Toledo OH $104.00
Buffalo-Niagara Falls NY $105.40
Dayton OH $106.60
Springfield IL $108.60
Akron OH $109.10
Lansing-E.Lansing MI $109.60
Binghamton NY $110.00
Topeka KS $112.30
Rockford IL $113.20
Beaumont-Port Arthur TX $113.60
Wichita KS $113.80
Indianapolis IN $114.00
Waterloo/Cedar Falls IA $115.40
Cumberland MD-WV $116.60
Pittsburgh PA $116.90
Peoria IL $118.50
Cleveland-Elyria-Mentor OH $118.60
Amarillo TX $120.20
Springfield MO $120.70
Rochester NY $120.80
Jackson MS $120.90
Chattanooga TN-GA $121.60
Spartanburg SC $121.80
Charleston WV $122.90
Grand Rapids MI $124.30
Memphis TN-MS-AR $124.30
Kankakee-Bradley IL $124.40
Gary-Hammond IN $124.60
Syracuse NY $126.30
Little Rock-N. Little Rock AR $127.50
Appleton WI $130.90
Cincinnati-Middletown OH-KY-IN $132.40
Louisville KY-IN $133.00
Detroit-Warren-Livonia MI $133.30
Saint Louis MO-IL $133.50
El Paso TX $133.60
Oklahoma City OK $133.80
Cedar Rapids IA $134.90
Shreveport-Bossier City LA $135.40
Omaha NE-IA $135.70
Columbus OH $137.20
Mobile AL $137.40
Corpus Christi TX $137.90
Lincoln NE $138.10
Fargo ND-MN $141.70
Sioux Falls SD $142.40
Lexington-Fayette KY $142.90
Montgomery AL $143.40
Champaign-Urbana IL $143.60
Bismarck ND $144.70
Columbia SC $144.90
Dallas-Fort Worth-Arlington TX $145.00
Bloomington-Normal IL $145.30
Kansas City MO-KS $148.20
Green Bay WI $148.90
Houston-Baytown-Sugar Land TX $150.30
Gulfport-Biloxi MS $150.40
Greensboro-High Point NC $150.70
Palm Bay-Melbourne-Titusville FL $151.30
San Antonio TX $151.70
Des Moines IA $152.60
Reading PA $153.60
Knoxville TN $155.00
Ocala FL $155.10
Greenville SC $155.40
Birmingham-Hoover AL $156.10
Pensacola-Ferry Pass-Brent FL $156.40
New Orleans-Metairie-Kenner LA $158.20
Glens Falls NY $163.90
Atlanta Sandy Springs-Marietta GA $164.30
Baton Rouge LA $169.70
Yakima WA $170.60
Kennewick-Richland-Pasco WA $172.40
Jacksonville FL $177.60
Durham NC $178.10
Tallahassee FL $180.90
Deltona-Daytona Beach-Ormond Beach FL $181.10
Austin-Round Rock TX $185.70
Farmington NM $186.50
Hagerstown-Martinsburg MD-WV $192.10
Spokane WA $194.10
Albuquerque NM $195.90
Gainesville FL $196.70
Boise City-Nampa ID $198.00
Dover DE $199.60
Albany-Schenectady-Troy NY $199.70
Tampa-St.Petersburg-Clearwater FL $201.60
Pittsfield MA $202.60
Charleston-North Charleston SC $204.50
U.S. Median $206.20
Charlotte-Gastonia-Concord NC-SC $204.70
Springfield MA $206.40
Colordo Springs CO $210.70
Minneapolis-St. Paul-Bloomington MN-WI $217.20
Milwaukee-Waukesha-West Allis WI $219.50
Cape Coral-Fort Myers FL $225.30
Richmond VA $225.70
Philadelphia-Camden-Wilmington PA-NJ-DE-MD $226.80
Madison WI $227.70
Salt Lake City UT $229.10
Denver-Aurora CO $230.10
Salem OR $231.20
Raleigh-Cary NC $235.60
Tucson AZ $235.80
Virginia Beach-Norfolk-Newport News VA-NC $236.00
Eugene-Springfield OR $237.60
Orlando FL $240.40
Phoenix-Mesa-Scottsdale AZ $241.70
Portland-South Portland-Biddeford ME $242.10
Kingston NY $246.10
Allentown-Bethlehem-Easton PA-NJ $246.50
Norwich-New London CT $252.40
Hartford-West Hartford-East Hartford CT $258.00
Worcester MA $259.00
Chicago-Naperville-Joliet IL $261.00
New Haven-Milford CT $268.80
Providence-New Bedford-Fall River RI-MA $273.20
Las Vegas-Paradise NV $273.50
Sarasota-Bradenton-Venice FL $274.10
Baltimore-Towson MD $275.10
Atlantic City NJ $278.80
Saskatoon* SK $284.50
Portland-Vancouver-Beaverton OR-WA $290.50
Sacramento--Arden-Arcade--Roseville CA $297.60
Reno-Sparks NV $301.30
Trenton-Ewing NJ $306.80
Riverside-San Bernardino-Ontario CA $338.00
Miami-Fort Lauderdale-Miami Beach FL $345.90
Edmonton AB $364.00
NY: Edison NJ $370.30
Boulder CO $371.10
Seattle-Tacoma-Bellevue WA $377.50
Boston-Cambridge-Quincy MA-NH** $380.70
Barnstable Town MA $382.30
Washington-Arlington-Alexandria DC-VA-MD-WV $400.10
Calgary AB $410.00
NY: Newark-Union NJ-PA $435.80
New York-Northern New Jersey-Long Island NY-NJ-PA $457.40
Bridgeport-Stamford-Norwalk CT $460.20
NY: Nassau-Suffolk NY $461.70
Los Angeles-Long Beach-Santa Ana CA $509.70
San Diego-Carlsbad-San Marcos CA $522.90
New York-Wayne-White Plains NY-NJ $523.30
Honolulu HI $625.30
Fort McMurray* AB $632.50
Anaheim-Santa Ana CA $657.40
Greater Vancouver** BC $742.50
San Francisco-Oakland-Fremont CA $777.30
San Jose-Sunnyvale-Santa Clara CA $845.30

*Used average price for Saskatoon, Fort Mac
**Used Benchmark detached price for Greater Vancouver


Marvinmee said...

Boy that sure hammers home just how ridiculously overpriced Alberta and BC Real Estate is. I don't think home buyers in our 2 provinces really grasp just how overpriced real Estate is. They should when they look at your comparison chart. To see that a house in Edmonton is priced with some of the most desirable Real Estate areas in the US is beyond laughable. After all, who wouldn't want to live in Edmonton????? Well from what I have always heard, about 99% of North America.

Anonymous said...

Calgary vs. Houston

410k vs. 150k

Cold+Snow vs. Sun+Hot

I think I threw up a little in my mouth. Time to renew that expired TN visa and move down there until the insanity up here ends.

Anonymous said...

Oh yeah...

10HR drive to 50 degree F ocean vs. 1 HR drive to 85+ degree F ocean.

Sorry but the maple leaf just isn't looking that grand anymore. What was it about choosing between the lesser of the two evils? They're getting close.

Anonymous said...

For some reason I had thought Manhattan was most expensive - is it not a jurisdiction? Does it have only condos so that it is somehow not on this list?

Also if you expect broad declines of 20% or more even in prime areas of California this year this could push Calgary and Vancouver even higher.

I would prefer to live in Alberta over Texas by the way even if Alberta prices are higher (can't swim).

BearClaw said...

Manhattan is a sub-region of a listed district (not sure which one). The list is for detached homes so I don't think it would have much impact anyway.

However I am comparing Greater Vancouver to the U.S. regions in this list. I believe this is fair because it would account for West Vancouver as well as less expensive regions.

Note that Calgary in this list is Calgary city, and may skew prices upwards while Edmonton includes many satellite communities.