Home Prices by Region
Last Updated: 2/17/2015
Home prices rose where sales rose and fell in the regions where they decreased. In the Northeast, the median existing-home price declined to $246,600 in December from $247,000. The price is still 3.2 percent higher than the previous year.
The price in the Midwest dropped to $159,100 from November’s $160,800. Compared with the year before, the price was up 5.3 percent.
In the South, the median price rose to $184,100 in December, up from $178,100 and up 6.6 percent from December 2013.
The median price in the West climbed to $299,600 from $295,300 in November and up 5.6 percent from a year ago.
Data Source: National Association of Realtors