Tuesday, November 28, 2006

Home Prices Sizzling in Utah

Home sales prices for October are now in. 51 out of the 60 cities tracked by RetireHomeSmart.com show a gain over the average home sales price for 2005.

Paradise Valley, AZ continues as the top retirement city in home price growth at 90% over 2005 sales prices. State-wide, Utah is on the hottest pace with St George up 42%, Park City up 29% and Provo up 17% since 2005.

Northwest Hot!

The northwest region of the U.S. is popular with Coeur d'Alene ID, Coos Bay OR and Olympia WA all showing double-digit gains.

Northeast Not!

Retirement cities of the northeast are lagging others in home price growth with Portland, Maine down 7% and Ocean City NJ, Newport RI and Cambridge MA all with small losses.

Average home sales prices are updated monthly and you can check sales prices for all 60 of our top cities at RetireHomeSmart.com.

No comments: