|
| Median Housing Price |
|
Affordable Housing and High Growth Value
| Housing Affordability Index |
|
|
Values and Median Housing Prices for the 25 Largest MSAs - 2006q1 |
| MSA |
Housing Opportunity Index |
National Rank |
Median Price (thousands of $) |
National Rank |
| New York |
11.7 |
146 |
$ 444.0 |
152 |
| Los Angeles |
2.0 |
164 |
$ 525.0 |
155 |
| Chicago |
51.7 |
83 |
$ 242.6 |
110 |
| GREATER PHILADELPHIA |
50.9 |
86 |
$ 233.0 |
104 |
| Dallas-Ft. Worth |
96.8 |
1 |
$ 170.4 |
59 |
| Miami-Ft. Lauderdale |
24.1 |
130 |
$ 264.4 |
124 |
| Houston |
55.6 |
74 |
$ 171.0 |
60 |
| Washington, DC |
26.8 |
126 |
$ 414.1 |
149 |
| Atlanta |
73.2 |
39 |
$ 175.0 |
61 |
| Detroit |
84.1 |
19 |
$ 131.4 |
38 |
| Boston |
33.9 |
117 |
$ 344.6 |
140 |
| San Francisco-Oakland |
8.7 |
151 |
$ 632.3 |
162 |
| Riverside-San Bernadino |
8.4 |
152 |
$ 385.0 |
146 |
| Phoenix |
32.9 |
121 |
$ 255.0 |
120 |
| Seattle-Tacoma |
32.2 |
123 |
$ 307.9 |
136 |
| Minneapolis-St. Paul |
63.0 |
58 |
$ 230.0 |
102 |
| San Diego |
5.2 |
160 |
$ 491.0 |
154 |
| St. Louis |
83.1 |
23 |
$ 109.0 |
20 |
| Baltimore |
49.1 |
90 |
$ 250.0 |
115 |
| Tampa |
43.8 |
98 |
$ 194.0 |
77 |
| Pittsburgh |
76.0 |
36 |
$ 114.0 |
24 |
| Denver |
62.4 |
61 |
$ 221.0 |
94 |
| Cleveland |
80.3 |
27 |
$ 118.0 |
26 |
| Portland OR |
42.5 |
102 |
$ 250.0 |
115 |
| Cincinnati |
76.6 |
35 |
$ 136.0 |
42 |
| Note 1: Housing Opportunity Index represents the share of homes for sale that could be purchased by the median income family under customary loan guidelines. |
|
|
|
|
|
| Note 2: for the Housing Index Value a higher index value is preferred as it indicates a more affordable housing stock |
|
|
|
|
|
| Note 3: for Median Sales Price a lower price is preferred as indicates a more affordable housing stock |
|
|
|
|
|
| Source: National Association of Home Builders and Wells Fargo Bank, June, 2006. |
|
|
|
|
|
| 25 largest MSAs based on their July 1, 2004 population estimates |
|
|
|
|
|
| National ranks are for 184 MSAs for which values were reported |
|
|
|
