Out of 105 metro statistical areas analyzed in the Q1 2018 U.S. Home Sales Report by ATTOM Data Solutions, median home prices have risen above local pre-recession levels in 57 MSAs, or 54% of MSAs analyzed.
The metro areas where the Q1 2018 median home price is furthest above the pre-recession peaks are Houston, Tex. at 69%, Dallas-Fort Worth, Tex. at 67%, Denver, Colorado at 62%, San Jose, Calif. at 60%, and San Antonio, Tex. at 57%.
Median prices in 48 of the 105 metro areas analyzed, or 46%, were still below pre-recession peaks. Bridgeport-Stamford-Norwalk, Connecticut was the farthest behind at 25% below peak median prices, followed by New Haven, Conn. at 22% below and Allentown, Penn at 21% below.
The national median home price was $240,000 in the first quarter of 2018, or less than 1% below the pre-recession peak of $241,500 in the third quarter of 2005.Read More