5 markets with the best home price increases

Some housing markets are beginning to bounce back, according to data gleaned from Zillow.com. 

By Mary Beth Nevulis, HousingZone Contributing Editor | December 14, 2011
housing market, home market, home buyers, home prices

 

Some housing markets are beginning to bounce back, according to data gleaned from Zillow.com and reported by CNN Money. Although home prices are down 4.4% nationwide this year, some markets are seeing very positive increases in home prices.

The markets with the best home price increases:

  1. Fort Myers, Fla., with a 5.1% increase and an average home value of $124,500
  2. Bay City, Mich., with a 4.6% increase and an average home value of $80,700
  3. Pittsburgh, Pa., with a 3.2% increase and an average home value of $110,700
  4. Destin, Fla., with a 2.9% increase and an average home value of $158,300
  5. Ann Arbor, Mich., with a 1.8% increase and an average home value of $169,800

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