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2006 Census: What Cities Had The Biggest Home Price Increases?

In October 2006, the Census Bureau release10.Houston city, Texas. 2000 Value ($87,852);
data on shifts in median price home values2005  Value  ($112,800);  Change  (28.4%).
from 2000 to 2005. For the 15 largest cities
in the United States (based on household11.Detroit city, Michigan. 2000 Value
size), San Diego had the largest jump in($71,188); 2005 Value ($88,300); Change
median price with a whopping 127.2% increase.(24%).
A ranking of the top 15 cities is provided
below as well as data about the median home12.Dallas city, Texas. 2000 Value ($99,074);
value in 2000, the median home value in 2005,2005  Value  ($120,900);  Change  (22%).
as well as the percentage increase in real
median  home  values  from  2000  to  2005.13.Columbus city, Ohio. 2000 Value
($112,337); 2005 Value ($132,100); Change
1.San Diego city, California. 2000 Value(17.6%).
($249,386); 2005 Value ($566,700); Change
(127.2%).14.San Antonio city, Texas. 2000 Value
($76,516); 2005 Value ($89,800); Change
2.Los Angeles city, California. 2000 Value(17.4%).
($244,398); 2005 Value ($513,800); Change
(110.2%).15.Indianapolis city, Indiana. 2000 Value
($109,503); 2005 Value ($117,900) Change
3.New York city, New York. 2000 Value(7.7%).
($250,746); 2005 Value ($449,000); Change
(79.1%).Across the nation, the median home price in
2000 was $126,733, and in 2005 it jumped to
4.Phoenix city, Arizona. 2000 Value$167,500. This represents a 32.2% increase in
($121,292) ; 2005 Value ($184,300); Changemedian  price  from  2000  to  2005.
(51.9%).
If you have bought a property or are
5.Jacksonville city, Florida. 2000 Valueconsidering buying a home, condo or any other
($95,333); 2005 Value ($144,600); Changetype of real estate in the areas listed
(51.7%).above, then these numbers will be no surprise
to you. The dramatic price increases in many
6.San Francisco city, California. 2000 Valuecommunities is forcing people to reconsider
($479,161); 2005 Value ($726,700); Changewhere  they  live.
(51.7%).
If you are considering moving to one of the
7.Chicago city, Illinois. 2000 Valuecities above, be sure to consult with a
($163,575); 2005 Value ($245,000); Changeknowledgeable Realtor in your chosen city. A
(49.8%).local Realtor can advise you about what areas
of a particular city are more expensive or
8.San Jose city, California. 2000 Valueaffordable. This can help you find a home
($425,657); 2005 Value ($625,400); Changethat  is  within  your  budget.
(46.9%).
For more information of home price shifts,
9.Philadelphia city, Pennsylvania. 2000 Valuevisit the Census Bureau's Web site, and
($69,148); 2005 Value ($100,200); Changeselect the 2005 American Community Survey
(44.9%).report.



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