In comparison to the US, South Florida home prices increased by 8.5% in April 2015 on a year-over-year basis, according to Case Shiller Index.
Sequentially, the South Florida market home price increased by 0.9%, approximately 10 basis points below the US as indicated by the Case Shiller 10- and 20- City Composite.
The US housing market price was similar to prices during autumn 2004, according the Case Shiller Index. US home prices remain at about 14% to 16% below the June/July 2006 peak, according to the Case Shiller Index. When measuring from the March 2012 low, US home prices have appreciated by about 31% to 32%.
Other areas of interest:
| Apr-15 | Monthly | Sequential | Annual |
| Metropolitan Area | Level | Change | Change |
| Boston | 176.69 | 0.30% | 1.80% |
| Chicago | 129.15 | 1.10% | 2.50% |
| Miami | 198.51 | 0.90% | 8.50% |
| Minneapolis | 142.78 | 1.20% | 3.20% |
| New York | 175.5 | 0.50% | 2.80% |
| Tampa | 168.48 | 0.80% | 7.60% |
| Composite 10 | 191.8 | 1.00% | 4.60% |
| Composite 20 | 177.01 | 1.10% | 4.90% |
| Source: | |||
| S&P Indices | |||
| Firserv |
If you are selling your home in the Delray Beach area, indications are it could be a favorable time. Please contact me on my cell phone at 561-247-3550 for more information.
I take an analytical approach to buying, selling and leasing real estate. If you are thinking of selling or buying a home, please feel free text me or call me at 561-247-3550.
For free home searches, please text me your name, e-mail address and phone number or visit my Web-site at http://homes.MYsouthFLrealestate.com
Michael Friedman
Member of Who's Who in Luxury Real Estate
Lang Realty
561-247-3550
An Analytical Approach To Buying, Selling and Leasing Real Estate
http://MYsouthFLrealestate.com
The greatest compliment you can give is the referral of your friends and loved ones
Boca Raton FL real estate for sale and surrounding areas including real estate properties for sale in: Belle Glade, Boca Raton, Boynton Beach, Bryant, Canal Point, Dania, Deerfield Beach, Delray Beach, Fort Lauderdale, Hallandale, Hialeah, Hobe Sound, Hollywood, Indiantown, Jupiter, Key Biscayne, Lake Harbor, Lake Worth, Loxahatchee, Miami, Miami Beach, North Miami Beach, North Palm Beach, Opa Locka, Pahokee, Palm Beach, Palm Beach Gardens, Pembroke Pines, Pompano Beach, South Bay, West Palm Beach, Lang Realty
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