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Thursday, February 2, 2012

Top 10 Large Home Ownership Markets in the USA

   Location                                        Median Home Price 
    Honolulu HI                                                $ 489,200
    Washington-Arlington-Alexandria DC       $ 384,900
    Santa Barbara-Santa Maria CA                   $ 395,300
    Oxnard-Thousand Oaks-Ventura CA         $ 389,000
    San Luis Obispo-Paso Robles CA              $ 393,700
    Barnstable Town MA                                 $ 364,000
    Ocean City NJ                                            $ 358,700
    Santa Rosa-Petaluma CA                           $ 344,500
    Naples-Marco Island FL                             $ 229,300
    Olympia WA                                              $ 214,700

The analytics above compute expected appreciation, cost of ownership and projected return on investment upon sale of the property in 10 years, and adjust them for expected risk associated with volatility of home prices in the market. The highest score was for Naples-Marco Island, Fl.

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