The Miami metro area is No. 1 for year-over-year median home sale price percentage growth, according to the September Housing Market Trends Report from Realtor.com.
The median price for a home in the Miami-Fort Lauderdale-West Palm Beach area in September was $599,000, an increase of 28.3% compared to the same month last year. Memphis (27.3%) and Milwaukee (27%) were next for percentage growth among the 50 metro areas measured.
The Miami area was 10th for median home sales price overall. The top 10:
- San Jose, $1.4 million
- San Francisco, $1.09 million
- Los Angeles, $949,000
- San Diego, $888,000
- Seattle, $762,000
- Boston, $742,000
- New York, $656,000
- Denver, $625,000
- Sacramento, $600,000
- Miami, $599,000