April 2009 Real Estate Statistics Report
Full Real Estate Stats for This Month
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April 2009 Real Estate Market Statistics
We've got got the 1st quarter of 2009 out of the way and it looks like the April 2009 real estate statistics are looking promising for real estate investors who are selling houses retail to buyers. On the other hand... the data shows that in the majority of markets us rental property owners might start to see an increase in our vacancy rates because more people are now once again able to afford the monthly payment of a house. Check out the stats report below by our friends at John Burns Real Estate Consulting which includes both the updated payment ratios for buying a house vs. renting... and the April real estate stats report for 2009. Enjoy ☺ Trevor
Trevor Mauch The REI Brain dot Com http://www.thereibrain.com
Best of Times, Worst of Times We have the best housing affordability in at least 38 years, and the worst economy in 51 years. Hmm.... The monthly cost of homeownership has fallen 43% from the peak in this cycle, with more than half of that due to the decline in price, and the remainder due to the decline in mortgage rates and increase in incomes. The median-income household, which earns $52,800 per year, only needs 25% of their income to buy the median-priced single-family home of $164,600. In July 2006, that ratio was 44%. Those of us who are in the housing business know that the monthly payment is far more important than the price for entry-level buyers. Entry-level buyers compare the cost of homeownership to the cost of renting and have no idea what a Case-Shiller index means. Once the word gets out that homeownership is less expensive than renting, which is now also true in 54 of the 88 markets where we track this information, we expect buying activity to increase substantially (even in a horrible economy). With the media so focused on price, we thought it would be appropriate to share the change in payment. We calculate the housing-cost-to-income ratio for major metro areas across the country assuming a 20% down payment, a fixedrate conforming mortgage, and full amortization of the down payment over 7 years (the typical length of homeownership). In the Oakland, CA MSA, housing costs in this cycle have plummeted from 84% of income to 28%, a decline in monthly payment of 67%. The California and Southwest markets have shown the greatest correction, while the Texas markets, with consistently low housing-cost-to-income ratios, have shown less improvement.
Current Real Estate Stats For Local Markets
Housing Cost to Income Ratio (Peak to Current) Metro Area Peak Date Peak Ratio Current Ratio % Change Oakland, CA (MDiv) 2007-07 84% 28% 67% Riverside-San Bernardino, CA 2006-06 68% 25% 64%
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Sacramento, CA Las Vegas, NV Phoenix, AZ Los Angeles, CA (MDiv) Miami, FL (MDiv) Washington D.C., DC-VA-MD-WV (MDiv) Detroit, MI (MDiv) Tampa, FL Orlando, FL Denver, CO San Francisco, CA (MDiv) Chicago, IL (MDiv) Boston, MA (MDiv) Atlanta, GA Seattle, WA (MDiv) Charlotte, NC-SC Houston, TX New York, NY-NJ (MDiv) Fort Worth, TX (MDiv) Portland, OR-WA Dallas, TX (MDiv) Indianapolis, IN Nashville, TN Raleigh-Cary, NC San Antonio, TX St. Louis, MO-IL Philadelphia, PA (MDiv) Austin, TX National
2005-08 2006-06 2006-06 2007-08 2007-07 2005-11 2004-06 2006-06 2006-06 2006-06 2007-06 2006-06 2006-05 2005-03 2007-06 2006-07 2006-06 2005-11 2006-06 2006-06 2006-07 2005-11 2007-07 2007-06 2007-06 2007-07 2008-08 2007-06 2006-07
63% 54% 46% 102% 76% 53% 29% 42% 46% 41% 113% 44% 61% 27% 58% 33% 29% 92% 22% 48% 29% 22% 31% 33% 32% 34% 36% 32% 44%
26% 22% 19% 45% 34% 25% 15% 21% 25% 22% 62% 25% 37% 17% 38% 22% 20% 63% 15% 33% 20% 15% 22% 25% 24% 26% 28% 26% 25%
59% 59% 58% 56% 54% 53% 49% 49% 47% 45% 45% 43% 40% 36% 34% 33% 32% 32% 32% 31% 31% 31% 29% 25% 25% 23% 22% 19% 43%
This is the most current available data for all variables and markets.
State Metro Area
Employment Statistics Affordability NF Payroll 1212Total Employment Month Month Permits / 1-Yr Median Housing Housing S. Fam. Total Peak 1-Yr Growth Unemp Home Costs / Cycle Permits Permits Permits Growth Rate Rate Price Income Barometer
Permits Statistics
Alabama AnnistonOxford AuburnOpelika Birmingham Decatur
165 710 2,117 179
179 850 3,049 179
38% 39% 39% 19%
(1,200) (900)
(2.3%) 8.7% $87,653 18% (1.7%) 7.0% $135,886 26%
0.0 0.0 0.1 0.0
(15,600) (3.0%) 8.0% $139,497 23% (2,700) (4.6%) 9.0% $100,611 20%
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Dothan 369 Florence 159 Huntsville 2,161 Mobile 1,242 Montgomery 516 Tuscaloosa 489 Alaska Anchorage 267 Arizona Flagstaff 233 Phoenix 11,041 Prescott 544 Tucson 2,423 Yuma 858 Arkansas Fayetteville 1,168 Fort Smith 480 Little Rock 1,717 California Bakersfield 1,598 Chico 504 El Centro 198 Fresno 2,273 Hanford 210 Los Angeles 2,844 Madera 220 Merced 199 Modesto 407 Monterey 232 Napa 221 Oakland 1,653 Orange County 1,218 Redding 354 Riverside-San 5,251 Bernardino Sacramento 3,736 San Diego 2,001 San Francisco 540 San Jose 860 San Luis 614 Obispo Santa Barbara 205 Santa Cruz 252 Santa Rosa 505 Stockton 737 Vallejo335
369 255 2,900 1,946 524 1,071 429 239 16,442 710 2,693 863 2,342 710 3,040 2,389 557 247 2,668 347 10,748 227 199 483 467 225 3,590 2,525 447 8,053 5,174 4,603 2,786 2,821 741 273 293 619 750 572
49% 33% 58% 66% 20% 41% 5% 18% 24% 16% 21% 32% 31% 54% 53% 27% 28% 11% 36% 26% 15% 10% 5% 8% 17% 22% 16% 10% 19% 14% 22% 10% 41% 28% 21% 10% 21% 11% 11% 9%
(1,900) (800) (4,000) (2,100) (4,500) (1,600) 2,400
(3.1%) (1.4%) (1.9%) (1.1%) (2.5%) (1.6%) 1.5%
8.0% 9.3% 6.5% 8.5% 8.7% 7.7%
$92,183 $95,348 $126,585 $124,067 $122,591 $125,705
19% 19% 19% 25% 21% 25%
0.0 0.0 0.0 0.4 0.0 0.0 0.0 2.9 0.0 0.0 3.3 5.3 0.0 0.0 0.0 0.0 3.6 0.0 0.0 1.4 1.5 2.1 0.0 0.0 0.0 1.3 0.0 3.1 2.2 0.3 0.1 1.2 2.4 0.9 4.3 0.1 0.0 0.5 0.0 0.0
7.9% $193,769 21% 6.9% 6.9% 8.4% 6.7% 14.9% $200,155 $125,000 $161,441 $179,900 $165,000 36% 19% 31% 33% 35%
(1,800) (2.8%) (137,600) (7.2%) (4,600) (7.4%) (11,500) (3.0%) (6,200) (10.9%) (2,700) (2,500) (5,800)
(1.3%) 5.8% $111,082 17% (2.0%) 7.3% $78,186 14% (1.7%) 6.0% $125,057 18% 14.7% 12.7% 24.5% 16.4% 16.3% 11.0% 13.8% 19.9% 16.9% 16.2% 8.5% 9.6% 7.8% 16.2% $120,000 $209,000 $110,000 $127,750 $127,550 $300,000 $140,000 $105,000 $135,250 $200,000 $325,000 $245,000 $433,000 $180,000 22% 40% 23% 24% 23% 45% 29% 20% 22% 28% 39% 28% 47% 33%
(2,300) (1.0%) (2,500) (3.3%) (2,100) (4.5%) (7,400) (2.4%) 200 0.6% (130,000) (3.2%) (600) (1.7%) (1,900) (3.3%) (4,600) (3.0%) (3,000) (2.4%) (2,600) (4.1%) (40,900) (3.9%) (72,300) (4.8%) (2,900) (4.7%)
(79,400) (6.4%) 12.2% $167,500 25% (43,300) (37,900) (30,600) (26,900) (2,400) (2,700) (2,900) (9,100) (4,300) (4,000) (4.9%) (2.9%) (3.1%) (2.9%) 10.8% 8.8% 7.8% 10.0% $189,000 $320,000 $582,500 $415,000 26% 42% 62% 40%
(2.3%) 8.1% $364,500 57% (1.6%) (3.1%) (4.9%) (2.1%) (3.2%) 8.3% 13.1% 9.1% 15.8% 10.4% $250,000 $365,000 $300,000 $152,000 $200,000 37% 45% 38% 23% 25%
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Fairfield Ventura 321 Visalia1,142 Porterville Yuba-Sutter 154 Colorado Boulder 170 Colorado 1,478 Springs Denver 3,659 Fort Collins 639 Grand Junction 635 Greeley 787 Pueblo 357 Connecticut Bridgeport 570 Hartford 1,055 New Haven 515 Delaware Dover 735 Wilmington 919 District of Columbia Washington 7,022 D.C. Florida Daytona Beach 916 Fort 817 Lauderdale Fort Myers 1,091 Fort Walton 373 Beach Gainesville 351 Jacksonville 4,680 Lakeland 1,951 Melbourne 1,170 Miami 866 Naples 647 Ocala 964 Orlando 4,723 Panama City 377 Pensacola 1,029 Port St. Lucie 731 Sarasota 1,368 Tallahassee 959 Tampa 4,561 West Palm 1,074
565 1,241 160 563 1,916 7,336 1,197 653 924 392 1,699 1,573 808 863 1,357
8% 35% 5% 11% 17% 26% 33% 32% 21% 27% 32% 15% 11% 40% 21%
(13,300) (4.5%) 9.2% $350,000 38% (3,200) (1,400) (4,300) (7,900) (40,700) 300 1,600 0 (1,000) (2.8%) 17.0% $126,500 23% (3.4%) 18.9% $145,000 26% (2.6%) 6.1% $275,750 29% (3.1%) 8.4% $164,900 20% (3.3%) 0.2% 2.5% 0.0% (1.7%) 7.9% 6.5% 7.2% 8.4% 8.9% $187,250 $199,550 $163,272 $140,000 $86,125 22% 24% 26% 18% 16%
1.4 0.0 0.4 0.6 0.0 0.9 0.0 1.1 0.0 0.0 0.0 0.0 0.8 6.0 1.1 0.6 1.5 1.5 0.1 0.0 1.2 4.5 0.6 0.7 2.3 1.0 2.8 2.3 3.4 0.0 0.2 0.0 0.0 0.6 2.7
(12,500) (3.0%) 7.4% $372,005 35% (13,100) (2.4%) 8.0% $225,246 27% (4,400) (1.6%) 7.8% $234,883 30% (3,000) (4.6%) 7.8% $209,769 34% (13,000) (3.7%) 8.3% $201,748 27% (4,500) (0.2%) 6.3% $271,319 25%
10,455 28% 1,106 1,978 1,359 760 847 7,319 2,613 1,601 3,040 871 1,002 8,463 667 1,131 985 1,825 1,686 8,883 1,774 14% 10% 5% 20% 26% 29% 20% 16% 12% 11% 13% 23% 12% 18% 9% 13% 39% 23% 8%
(10,100) (5.8%) 10.3% $122,500 23% (35,200) (4.5%) 8.3% $188,000 29% (20,800) (9.2%) 12.0% $95,000 15% (1,500) (2,700) (26,200) (10,500) (11,700) (39,400) (8,100) (5,400) (56,900) (2,000) (5,800) (8,400) (21,100) (4,200) (51,400) (23,300) (1.8%) 7.3% $172,093 25% (2.0%) (4.2%) (4.9%) (5.5%) (3.7%) (6.2%) (5.1%) (5.2%) (2.7%) (3.4%) (6.3%) (7.6%) (2.3%) (4.1%) (4.2%) 6.2% 9.2% 10.4% 10.0% 7.5% 9.2% 12.3% 9.7% 9.7% 9.3% 11.8% 10.8% 6.9% 10.2% 9.7% $153,749 $169,000 $103,000 $119,450 $185,000 $200,000 $118,500 $155,000 $172,254 $139,229 $121,000 $137,500 $139,757 $120,000 $209,000 33% 26% 20% 20% 34% 28% 23% 25% 30% 24% 20% 23% 27% 21% 31%
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Beach Georgia Albany 241 Athens 498 Atlanta 10,105 Augusta 1,653 Columbus 753 Dalton 228 Gainesville 269 Macon 492 Savannah 1,411 Valdosta 649 Warner Robins 614 Hawaii Honolulu 750 Idaho Boise City 2,110 Coeur D'Alene 649 Illinois Bloomington 300 Champaign385 Urbana Chicago 5,296 Decatur 583 Lake-Kenosha 867 Peoria 734 Rockford 344 Springfield 233 Indiana Bloomington 328 Elkhart297 Goshen Evansville 515 Fort Wayne 739 Gary 1,102 Indianapolis 4,128 Lafayette 478 Muncie 69 South Bend 354 Terre Haute 122 Iowa Cedar Rapids 775 Davenport 423 Des Moines 1,685 Dubuque 206 Iowa City 611
299 665 15,359 1,698 1,013 327 276 567 1,881 790 919 1,431 2,627 724 447 848 11,449 595 952 832 449 558 596 447 749 984 1,485 6,636 511 73 740 174 1,020 499 2,629 219 757
24% 28% 21% 31% 45% 30% 11% 30% 39% 54% 44% 29% 23% 27% 26% 39% 26% 100% 15% 43% 17% 36% 49% 27% 34% 27% 32% 39% 28% 13% 37% 25% 50% 33% 42% 25% 45%
(2,100) (3.2%) (700) (0.8%) (111,300) (4.6%) (4,800) (2.2%) (2,700) (2.2%) (6,000) (7.9%) (2,700) (3.4%) (2,800) (2.8%) (4,900) (3.1%) (1,900) (3.3%) (2,200) (3.8%)
8.7% 7.3% 9.3% 9.2% 8.8% 12.9% 8.9% 9.2% 8.0% 8.5% 7.4%
$88,593 $133,160 $132,127 $111,389 $104,916 $95,826 $137,601 $94,193 $142,373 $105,096 $95,205
19% 26% 17% 19% 20% 18% 23% 18% 25% 23% 15%
0.0 0.0 0.0 0.0 0.0 0.0 0.1 0.0 2.4 0.0 0.0 3.9 0.0 2.4 0.0 1.2 0.0 0.4 0.0 3.2 3.8 0.4 0.0 0.0 0.0 0.0 0.0 0.1 0.0 0.0 0.0 0.0 2.8 1.0 0.5 0.0 0.0
(10,500) (2.3%) 5.4% $576,413 66% (16,200) (6.0%) 8.4% $159,309 22% 500 0.9% 9.4% $162,711 27% 400 3,600 0.4% 3.2% 6.4% $159,448 24% 7.2% $135,182 24% 9.0% 10.0% 9.8% 9.1% 14.0% 7.1% $184,000 $82,067 $236,697 $118,166 $111,355 $103,259 25% 16% 27% 19% 18% 17%
(126,400) (3.3%) (700) (1.3%) (5,700) (1.5%) (700) (0.4%) (4,800) (3.0%) 200 0.2% (1,200)
(1.4%) 7.6% $120,415 23%
(16,000) (12.9%) 18.0% $105,509 17% (5,000) (5,900) (5,000) (25,500) (600) (1,200) (2,700) (1,800) (500) 0 (2,700) (1,000) (600) (2.9%) (2.8%) (1.8%) (2.8%) (0.6%) (2.3%) (1.9%) (2.5%) (0.4%) 0.0% (0.8%) (1.8%) (0.7%) 8.9% 9.9% 10.0% 8.2% 8.4% 9.9% 10.9% 10.4% 5.3% 7.2% 5.2% 6.5% 3.8% $88,479 $88,339 $117,489 $104,266 $106,696 $73,748 $81,505 $73,081 $136,136 $99,214 $147,162 $110,100 $143,265 16% 15% 18% 15% 20% 16% 14% 15% 22% 17% 20% 18% 24%
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Sioux City 168 Waterloo 367 Kansas Topeka 404 Wichita 1,580 Kentucky Bowling Green 342 Lexington 1,357 Louisville 2,366 Louisiana Alexandria 332 Baton Rouge 2,428 Houma 513 Lafayette 749 Lake Charles 599 Monroe 250 New Orleans 2,443 Shreveport 903 Maine Bangor 279 Portland 1,053 Maryland Baltimore 2,938 Bethesda 1,544 Hagerstown 859 Salisbury 240 Massachusetts Barnstable 354 Town Boston 1,011 Cambridge 1,073 Michigan Ann Arbor 262 Battle Creek 53 Detroit 489 Flint 145 Grand Rapids 962 Holland 380 Jackson 100 Kalamazoo 476 Lansing 238 Muskegon 170 Niles 143 Saginaw 145 Warren 1,283 Minnesota
177 385 427 2,016 428 2,823 3,319 340 3,494 770 953 682 316 4,217 1,131 519 1,197 4,759 2,288 1,003 378 497 3,882 2,139 311 87 878 155 1,016 550 173 658 278 178 153 218 1,481
15% 46% 31% 44% 31% 55% 37% 36% 39% 65% 19% 45% 26% 32% 37% 52% 21% 24% 19% 24% 29% 10% 37% 29% 11% 14% 14% 5% 20% 20% 17% 27% 9% 18% 19% 22% 8%
(700) 300 400 800
(0.9%) 5.0% $84,843 15% 0.3% 4.9% $104,399 18% 0.4% 0.3% 6.4% $105,455 17% 6.0% $117,873 19%
0.0 2.6 0.5 1.5 0.0 1.6 0.2 0.0 0.1 0.0 0.0 0.0 0.0 0.0 2.7 0.0 0.8 5.9 4.1 0.0 0.0 0.0 1.6 0.2 0.0 0.0 0.0 0.0 0.2 0.0 0.7 0.0 0.0 0.0 1.1 0.1 0.0
(2,400) (3.9%) 10.3% $106,499 21% (8,800) (3.5%) 8.1% $137,198 25% (18,000) (2.9%) 10.0% $123,056 23% (200) 1,100 1,400 (600) (1,100) 100 800 (1,000) (1,300) (3,200) (27,900) 1,200 (2,400) (1,300) (1,900) (0.3%) 0.3% 1.5% (0.4%) (1.2%) 0.1% 0.2% (0.6%) 5.5% 5.1% 3.5% 3.9% 4.9% 5.9% 5.3% 6.8% $89,908 $156,147 $110,959 $125,027 $103,206 $99,354 $153,175 $139,575 17% 24% 17% 21% 17% 19% 23% 26%
(2.0%) 8.0% $118,446 21% (1.7%) 7.0% $207,066 28% (2.1%) 0.2% (2.4%) (2.4%) 7.6% 5.4% 9.7% 9.6% $241,718 $350,000 $168,263 $137,137 30% 32% 24% 25%
(2.1%) 10.9% $300,584 38%
(36,600) (2.2%) 7.0% $323,268 37% (57,800) (2.3%) 7.4% $350,551 35% (9,200) (3,200) (47,900) (9,800) (20,000) (7,300) (2,800) (5,600) (5,700) (3,200) (2,500) (3,700) (94,500) (4.7%) (5.5%) (6.2%) (6.7%) (5.2%) (6.6%) (4.9%) (3.9%) (2.5%) (5.1%) (4.0%) (4.3%) (8.3%) 7.4% 11.2% 14.6% 13.8% 10.5% 12.1% 12.7% 9.9% 10.1% 14.2% 11.9% 11.8% 12.9% $159,029 $81,163 $82,905 $81,916 $83,029 $130,802 $91,819 $108,336 $80,558 $85,277 $115,274 $43,561 $144,641 21% 15% 15% 15% 14% 18% 17% 19% 13% 16% 21% 9% 18%
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Duluth 584 Minneapolis 3,917 Rochester 425 St. Cloud 371 Mississippi Gulfport-Biloxi 1,666 Hattiesburg 78 Jackson 1,721 Pascagoula 513 Missouri Columbia 482 Jefferson City 140 Joplin 178 Kansas City 2,454 Springfield 859 St. Joseph 96 St. Louis 4,310 Montana Billings 490 Missoula 309 Nebraska Lincoln 674 Omaha 3,033 Nevada Las Vegas 5,358 Reno 840 New Hampshire Manchester 401 New Jersey Atlantic City 644 Camden 1,594 Edison 2,664 Newark-Union 1,723 Trenton 288 Vineland 307 New Mexico Albuquerque 1,819 Las Cruces 887 Santa Fe 126 New York Albany 1,142 Binghamton 226 Buffalo 947 Glens Falls 333 Ithaca 113 Kingston 226
691 5,541 625 561 3,012 658 1,753 676 590 150 264 4,360 1,948 108 5,263 515 389 793 4,154
40% 20% 31% 28% 55% 58% 39% 39% 25% 13% 36% 24% 38% 25% 29% 35% 35% 29% 63%
(2,800) (60,800) 0 (1,200) (3,500) (1,300) (5,000) (1,900) 1,400 (1,100) (700) (10,100) (3,100) (1,500) (29,300) (3,600) (2,600) (100) (1,000)
(2.1%) (3.4%) 0.0% (1.2%) (3.2%) (2.1%) (1.9%) (3.2%) 1.5% (1.4%) (0.9%) (1.0%) (1.6%) (2.5%) (2.2%)
9.8% 8.2% 7.2% 9.8% 7.6% 6.8% 7.2% 8.7% 5.9% 7.5% 7.3% 8.4% 8.1% 8.2% 9.2%
$109,377 $160,000 $129,296 $128,739 $126,649 $93,343 $126,463 $104,413 $138,892 $104,074 $80,645 $134,250 $117,783 $85,849 $165,194
20% 20% 17% 21% 24% 20% 23% 19% 26% 18% 18% 19% 24% 16% 26%
4.3 0.0 0.0 0.5 0.8 0.0 0.0 0.0 0.3 0.0 0.0 0.0 1.0 0.0 4.2 0.0 1.2 0.0 0.0 0.0 0.0 0.0 3.9 3.2 5.9 4.3 3.8 3.7 1.6 0.0 0.0 2.9 1.8 0.8 2.5 2.6 3.0
(4.5%) 4.7% $129,271 20% (4.6%) 6.9% $175,836 31% (0.1%) 4.2% $131,118 20% (0.2%) 4.8% $129,086 18%
10,939 28% 1,868 30% 664 748 2,365 4,488 4,285 493 312 2,261 1,156 126 1,929 268 1,322 379 236 296 9% 19% 28% 18% 46% 14% 42% 26% 46% 10% 36% 20% 28% 24% 36% 21%
(41,400) (4.5%) 10.1% $156,000 22% (15,900) (7.4%) 11.2% $200,000 28% 100 (5,500) (20,800) (41,800) (20,300) (5,000) (1,000) (4,800) 200 300 (6,500) (1,300) (10,900) (700) (200) (1,500) 0.1% (3.8%) (3.9%) (4.1%) (2.0%) (2.1%) (1.6%) 5.8% $221,288 21% 11.8% 8.9% 8.3% 8.4% 7.6% 12.8% $211,564 $200,854 $331,251 $367,304 $254,052 $146,586 34% 27% 38% 45% 32% 27%
(1.2%) 6.0% $200,125 31% 0.3% 5.9% $110,796 22% 0.5% 5.1% $234,083 32% (1.5%) (1.1%) (2.0%) (1.3%) (0.3%) (2.4%) 7.6% 9.0% 9.6% 10.0% 5.9% 8.4% $190,426 $107,125 $105,739 $145,109 $156,294 $218,737 29% 20% 20% 27% 29% 33%
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Nassau 1,752 New York 2,025 Poughkeepsie 944 Rochester 1,363 Syracuse 838 Utica-Rome 224 North Carolina Asheville 1,561 Burlington 592 Charlotte 6,447 Durham 1,872 Fayetteville 1,427 Greensboro 1,826 Greenville 489 Hickory 800 Raleigh-Cary 5,662 Rocky Mount 380 Wilmington 2,933 Winston-Salem 1,403 North Dakota Bismarck 523 Fargo 863 Grand Forks 193 Ohio Akron 830 Canton 329 Cincinnati 3,110 Cleveland 2,077 Columbus 2,535 Dayton 1,035 Lima 160 Mansfield 76 Springfield 86 Toledo 588 Youngstown 355 Oklahoma Oklahoma City 3,339 Tulsa 2,677 Oregon Bend 602 Eugene 539 Medford 360 Portland 3,651 Salem 584 Pennsylvania Allentown 1,497
2,597 36,953 1,396 1,566 1,083 272 2,238 644 10,862 2,516 2,165 2,991 1,077 829 9,881 385 3,493 1,516 760 1,395 340 966 473 3,950 2,394 4,185 1,155 165 95 116 1,061 501 3,694 3,705 687 642 435 6,831 927 1,733
23% 89% 27% 30% 32% 21% 52% 32% 43% 39% 50% 47% 42% 34% 56% 37% 38% 34% 69% 50% 50% 24% 30% 25% 30% 25% 28% 33% 16% 17% 26% 26% 17% 30% 15% 23% 20% 35% 28% 32%
(20,600) (1.7%) (110,300) (2.1%) (2,800) (1.1%) (1,400) (0.3%) (1,900) (0.6%) (1,400) (1.1%) (8,400) (2,800) (48,300) (2,200) (2,600) (22,700) (2,400) (10,500) (16,500) (2,700) (4,800) (6,900) 600 (100) (200) (11,400) (4,700) (31,600) (40,300) (17,200) (15,200) (900) (2,000) (1,300) (17,800) (8,800) 2,100 (2,200) (2,700) (8,000) (3,000) (35,500) (2,900) (7,400) (4.8%) (4.6%) (5.6%) (0.8%) (2.0%) (6.1%) (3.0%) (6.6%) (3.2%) (4.1%) (3.3%) (3.1%)
7.5% 8.3% 8.1% 8.5% 8.9% 8.8% 9.7% 12.0% 11.7% 8.0% 9.5% 11.6% 10.4% 15.7% 8.8% 14.4% 10.8% 10.4%
$364,396 $440,341 $226,038 $111,488 $112,792 $102,479 $173,664 $107,087 $147,500 $166,805 $103,166 $133,505 $104,390 $106,088 $186,000 $92,232 $191,387 $118,680
35% 64% 28% 19% 20% 21% 32% 20% 22% 27% 19% 24% 21% 20% 25% 18% 33% 20%
3.8 4.0 1.2 0.8 1.4 1.8 2.6 0.0 1.1 0.8 0.0 0.0 0.0 0.0 0.0 0.0 1.9 0.0 2.1 0.0 0.0 0.8 0.2 0.0 0.3 0.0 0.3 0.0 0.0 0.0 0.3 0.1 0.0 0.0 1.5 4.9 1.7 5.3 4.8 5.8
1.0% 5.4% $155,163 20% (0.1%) 4.9% $137,755 20% (0.4%) 5.2% $119,448 20% (3.4%) (2.8%) (3.1%) (3.8%) (1.8%) (3.8%) (1.7%) (3.5%) (2.5%) (5.6%) (3.8%) 9.7% 10.8% 8.9% 9.4% 7.9% 11.1% 12.1% 12.6% 10.3% 12.4% 12.9% $99,000 $86,887 $132,500 $93,942 $112,000 $94,212 $88,630 $87,394 $92,584 $80,823 $63,341 16% 15% 19% 14% 16% 15% 14% 16% 15% 13% 11%
0.4% 5.6% $124,598 19% (0.5%) 6.2% $131,015 19% (4.0%) (5.1%) (3.7%) (3.4%) (1.9%) 16.1% 12.8% 14.0% 10.7% 11.4% $191,847 $202,538 $176,107 $244,476 $180,450 27% 34% 31% 33% 28%
(2.2%) 8.7% $234,865 35%
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Altoona 47 Erie 268 Harrisburg 1,457 Johnstown 124 Lancaster 1,195 Philadelphia 3,703 Pittsburgh 2,770 Reading 489 Scranton 781 State College 386 Williamsport 81 York 975 Rhode Island Providence 1,202 South Carolina Anderson 521 Charleston 3,278 Columbia 3,110 Florence 543 Greenville 2,087 Myrtle Beach 1,671 Spartanburg 916 South Dakota Rapid City 430 Sioux Falls 849 Tennessee Chattanooga 1,169 Clarksville 1,107 Jackson 328 Johnson City 540 Kingsport 756 Knoxville 1,871 Memphis 2,114 Nashville 5,084 Texas Abilene 191 Amarillo 453 Austin 7,427 Beaumont 810 Brownsville 946 College Station 761 Corpus Christi 1,091 Dallas 10,896 El Paso 2,807 Fort Worth 6,745 Houston 25,814
201 425 1,489 140 1,525 5,330 3,210 667 885 471 90 1,109 1,454 596 4,553 4,257 977 2,519 2,686 916 444 1,806 1,490 1,570 388 981 834 2,358 3,074 7,241 191 705 12,983 1,648 1,193 2,048 1,335 24,328 3,628 10,125 40,743
41% 42% 40% 38% 42% 30% 45% 31% 41% 43% 17% 35% 12% 31% 42% 52% 75% 46% 23% 33% 32% 72% 39% 49% 35% 68% 54% 37% 28% 39% 9% 19% 49% 66% 31% 58% 22% 33% 56% 26% 54%
(1,800) (1,900) (6,300) (1,800) (5,700) (33,600) (19,200) (4,400) (6,800) (1,000) (1,900) (3,100)
(2.9%) (1.4%) (1.9%) (2.9%) (2.4%) (1.8%) (1.7%) (2.5%) (2.6%) (1.3%) (3.6%) (1.7%)
7.8% 8.6% 7.2% 8.9% 7.4% 7.7% 7.6% 8.9% 9.3% 5.9% 9.5% 7.9%
$98,119 $94,307 $148,468 $79,953 $168,888 $209,113 $115,012 $154,285 $124,275 $163,729 $112,404 $161,693
18% 18% 22% 18% 25% 29% 20% 23% 24% 30% 22% 23%
0.2 0.0 2.1 1.0 2.4 3.5 0.0 3.8 2.5 2.9 1.5 2.4 0.3 0.0 0.0 0.0 0.0 2.6 0.0 0.4 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.2 0.1 1.6 1.8 2.9 4.2 0.0 1.9 4.1 0.7 4.0 0.5 0.7
(21,200) (3.8%) 11.6% $213,152 31% (3,700) (7,400) (8,400) (2,100) (10,600) (8,300) (4,300) (200) (300) (6,000) (3,700) (1,700) (3,000) (3,200) (10,100) (13,700) (25,900) 300 (600) 1,300 (3,200) (2,600) 800 (500) (29,000) (3,500) (2,500) (6,300) (5.8%) (2.5%) (2.3%) (2.4%) (3.3%) (7.0%) (3.3%) 12.7% 9.1% 8.8% 11.9% 9.8% 14.3% 11.5% $102,021 $173,000 $116,450 $118,599 $135,000 $174,600 $121,765 18% 26% 18% 22% 23% 30% 21%
(0.3%) 5.1% $121,910 19% (0.2%) 4.8% $142,963 19% (2.4%) (4.4%) (2.8%) (3.7%) (2.6%) (3.0%) (2.2%) (3.4%) 0.4% (0.5%) 0.2% (1.9%) (2.0%) 0.8% (0.3%) (1.4%) (1.3%) (0.3%) (0.2%) 8.7% 10.0% 9.2% 8.6% 8.6% 7.9% 8.9% 8.4% 5.0% 4.5% 6.3% 8.5% 9.3% 4.8% 6.0% 7.0% 8.2% 6.7% 6.4% $124,251 $99,106 $88,083 $111,570 $112,844 $138,976 $103,119 $140,000 $92,900 $118,800 $187,900 $132,800 $83,300 $139,500 $133,800 $145,900 $130,900 $107,000 $138,100 23% 18% 19% 25% 25% 25% 19% 22% 17% 21% 26% 24% 21% 27% 26% 20% 30% 15% 20%
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Killeen 1,657 Laredo 693 Longview 176 Lubbock 953 McAllen 2,894 Midland 446 Odessa 212 San Antonio 5,665 Texarkana 83 Tyler 201 Waco 504 Wichita Falls 148 Utah Ogden1,334 Clearfield Provo-Orem 1,045 Salt Lake City 1,685 St. George 599 Virginia Charlottesville 717 Harrisonburg 543 Lynchburg 818 Richmond 3,598 Roanoke 559 Virginia Beach 2,909 Winchester 444 Washington Bellingham 454 Bremerton 627 Kennewick 835 Olympia 1,081 Seattle 4,257 Spokane 1,140 Tacoma 1,661 Yakima 587 West Virginia Charleston 305 Huntington 95 Morgantown 30 Parkersburg 126 Wheeling 44 Wisconsin Appleton 473 Eau Claire 321 Green Bay 524 Janesville 196
2,073 1,031 204 981 3,272 446 674 8,896 150 267 778 164 1,737 1,360 4,767 616 834 1,010 836 4,446 559 4,861 443 498 679 948 1,193 11,888 1,663 2,162 680 536 115 153 182 46 640 450 725 225
45% 43% 13% 24% 35% 12% 32% 40% 18% 9% 26% 18% 34% 21% 38% 16% 32% 77% 45% 39% 29% 21% 25% 20% 26% 29% 37% 43% 38% 32% 56% 63% 18% 62% 42% 16% 29% 32% 23% 18%
2,500 400 (400) (300) 300 2,300 2,200 (800) 200 1,000 500 (1,300) (4,800)
2.0% 0.4% (0.4%) (0.2%) 0.1% 3.4% 3.5% (0.1%) 0.3% 1.1% 0.5% (2.1%)
6.1% 7.4% 6.0% 4.5% 9.6% 3.9% 5.3% 6.0% 5.7% 6.6% 5.8% 6.7%
$120,430 $89,562 $118,800 $112,600 $90,400 $129,462 $138,000 $143,300 $77,611 $136,000 $101,100 $96,200
21% 21% 22% 22% 23% 21% 25% 24% 14% 24% 20% 19%
2.3 0.0 2.6 0.6 0.0 2.8 3.8 2.8 0.0 2.6 0.6 1.5 1.4 1.8 5.4 0.0 0.8 2.4 0.3 2.7 0.0 4.1 0.0 3.5 4.0 2.7 5.7 4.4 3.3 3.3 0.2 0.0 0.0 0.0 0.0 0.0 1.8 1.8 2.8 1.8
(2.4%) 5.6% $148,384 22%
(5,500) (2.9%) 5.2% $167,275 28% (13,500) (2.1%) 5.2% $213,965 33% (1,900) (3.7%) 7.4% $162,027 30% (1,900) (1,800) (900) (22,000) (1,800) (6,900) (2,600) (2,300) (4,200) 800 100 (44,600) (5,000) (7,500) (1,900) (800) (1,600) 1,000 (800) (600) (2,700) (2,200) (3,300) (3,900) (1.9%) (2.8%) (0.8%) (3.5%) (1.1%) (0.9%) (4.7%) (2.7%) (4.9%) 0.9% 0.1% (3.0%) (2.3%) (2.7%) (2.5%) (0.5%) (1.4%) 1.6% (1.1%) (0.9%) (2.3%) (2.7%) (2.0%) (5.7%) 5.6% 6.6% 7.5% 7.9% 7.4% 7.2% 9.2% 8.0% 7.7% 8.5% 7.6% 8.5% 9.6% 9.4% 10.4% 6.0% 7.5% 4.6% 9.2% 8.8% 8.6% 8.0% 8.4% 13.0% $217,091 $174,885 $137,708 $196,000 $142,333 $211,045 $147,025 $227,027 $240,500 $161,898 $245,000 $335,100 $159,500 $231,750 $136,739 $125,560 $84,803 $119,808 $85,139 $76,981 $125,686 $113,919 $145,414 $112,944 31% 31% 26% 29% 25% 31% 23% 36% 30% 23% 32% 38% 26% 30% 24% 22% 18% 22% 15% 14% 19% 20% 23% 19%
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La Crosse Madison Milwaukee OshkoshNeenah Racine Sheboygan Wausau Wyoming Cheyenne
303 748 1,167 411 307 127 217 161
358 1,837 2,183 528 451 236 411 189
42% 30% 25% 36% 35% 32% 30% 22%
(1,300) (1.8%) 7.3% $119,408 21% (7,200) (2.1%) 6.0% $221,740 31% (29,500) (3.5%) 8.1% $194,571 30% (400) (1,800) (2,300) (2,600) 300 (0.4%) 8.0% $113,063 18% (2.3%) 10.2% $143,179 22% (3.7%) 9.3% $126,195 21% (3.6%) 8.7% $118,770 19% 0.7% 5.4% $120,652 18%
0.9 4.3 3.9 0.0 3.0 2.9 1.4 0.0
About John Burns Real Estate Consulting This April 2009 real estate stats report is as provided by our friends at John Burns Consulting.
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