CNN Money had an article that showed Coldwell Banker's annual Home Price Comparison Index, which compared selling prices of similar homes in similar neighborhoods of different states and markets.
It was an interesting comparison to see, and very surprising to find some areas (such as Alaska - ACK!) that were incredibly expensive, while considered almost undesirable. Here's a sampling of the areas and prices they gave. I was also rather surprised to find that Myrtle Beach real estate was definately in the low to middle range of pricing, and in fact, quite a bit lower than Charleston. We are way lower than most of Florida, and I think condos for sale in Myrtle Beach as versus Miami would bear that out. But ALASKA????????? Come on!
Other surprises include Fairfield, CT, Boston, and Maryland. Wow. It really costs alot to freeze to death! Makes me very happy to be right where I am.
The criteria was a 2200 sq ft house with 4 bedrooms, 2.5 baths, a family room, and 2-car garage. The neighborhood is described as "typical for corporate middle-management transferees".
City-----------------Avg Price of home Huntsville, AL................$194,466
Juneau, AK ................$443,000
Little Rock, AR..... ........$181,395
Tucson, AZ ...................$250,833 Phoenix, AZ ..................$295,334 Scottsdale, AZ ..............$478,833
San Diego, CA .............$627,938 San Fransisco, CA ..$1,300,000 Beverly Hills, CA ......$1,656,500
Colorado Springs, CO ..$211,667 Denver, CO ....................$336,433
Torrington, CT ..............$233,331 Fairfield, CT ...................$737,738
Washington, DC .............$727,250
Pensacola, FL ...............$222,258 Orlando, FL .....................$312,000 Daytona Beach, FL ........$349,650 Sarasota, FL ...................$387,375 Boca Raton, FL ...............$521,412 Key West, FL .................$949,375
Macon, GA .......................$167,850 Atlanta, GA .......................$303,000
Honolulu, HI .......................$737,625
Des Moines, IA .................$247,000
Boise, ID ...........................$213,808
Springfield, IL .................$205,950 Naperville, IL .....................$346,250 Chicago, IL ......................$815,000
South Bend, IN ..................$173,600 Munster, IN .........................$329,300
Wichita, KS ........................$151,275 Lawrence, KS ....................$237,237
Louisville, KY .....................$243,634
Shreveport, LA ..................$210,250
Springfield, MA .................$389,283 Boston, MA ....................$1,260,000
Hagerstown, MD ............$283,175 Baltimore, MD ..................$513,425 Bethesda, MD .................$829,750
Bangor, ME .......................$253,750
Grayling, MI ........................$149,600 Ann Arbor, MI .....................$346,250
Rochester, MN ...................$217,675 Minneapolis, ................MN $397,133
St Louis, MO .......................$254,700 Tupelo, MS ..........................$163,485
Helena, MT ..........................$177,950
Greensboro, NC ...............$181,166 Charlotte, NC ....................$204,336 Wilmington, NC ................$286,650
Bismarck, ND .....................$171,438
Norfolk, NE .........................$176,450
Turnersville, NJ ...............$257,385 Clinton, NJ ..........................$527,700 Madison, NJ .......................$677,250 Ridgewood, NJ ...............$829,500
Albuquerque, NM ...........$243,034 Santa Fe, NM ...................$511,026
Las Vegas, NV .................$359,500
Binghamton, NY .............$152,875 Rochester, NY ...................$256,333 Long Island, NY .................$584,497 Queens, NY .......................$701,000 Rye, NY .............................$869,125
Cincinnati, OH ...................$244,250
Oklahoma City, OK ...........$185,000
Eugene, OR ......................$327,000
Erie, PA ............................$193,975 Harrisburg, PA .................$276,566 Philadelphia, PA ............$574,567
Columbia, SC .................$190,058 Myrtle Beach, SC ..........$191,584 Charleston, SC ..............$307,400
Sioux Falls, SD ................$171,470
Nashville, TN .....................$209,300
Arlington, TX .....................$139,510 Dallas, TX .........................$261,325
Salt Lake City, UT ............$262,117
Roanoke, VA ...................$220,942 Virginia Beach, VA ..........$334,425 Alexandria City, VA .......$776,399
Burlington, VT ..................$338,750
Spokane, WA .................$238,418 Seattle, WA ......................$386,600 Bellevue, WA ..................$566,330
Eau Claire, WI ..................$164,225 Milwaukee, WI ..................$331,000
Charleston, WV ................$179,050

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