The Rate Of Change In Home Prices, From Boulder to Atlantic City

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The hip Colorado town and the bustling New Jersey city are on opposite ends of the housing market spectrum

August 17, 2016
The Rate Of Change In Home Prices, From Boulder to Atlantic City

House in Boulder, Colo. Photo: Michael McLean/Creative Commons.

Over the last year, Boulder, Colo., has experienced a 18.5 percent increase in the median sale price for single-family homes, rising from an already robust $463,700 to $549,600.

Homes in Atlantic City, N.J., meanwhile, have dropped 13.1 percent, from $214,600 to $186,400 this year.

Based on data from National Association of Realtors, 24/7 Wall St found the 25 fastest growing housing markets, as well as the 25 markets that are shrinking the quickest. Boulder and Atlantic City lead the respective lists, which were based on home price changes from the second quarter in 2015 to the second quarter of this year.

Other markets on the rise include Portland, Ore., Rockford, Ill., and Elmira, N.Y.

Fond du Lac, Wis., Erie, Pa., and Binghamton, N.Y., are other markets that have seen negative changes in median sales price.

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