Saturday, June 04, 2005

Pricing Gap Between Online Home Sellers and Buyers Exceeds $82,000 in June

Pricing Gap Between Online Home Sellers and Buyers Exceeds $82,000 in June: " In June, the average home seller at HomeGain expected to choose an agent
and list their property within the next 54 days, unchanged from May.
When it comes to housing bang for the buck, these cities in June
registered the lowest price per square foot (based on lower than average price
expectation and higher than average square footage per home):


-- Orlando - $66;
-- Houston - $70;
-- Atlanta - $75;
-- Austin - $77;
-- (tie) Nashville, Tampa - $82;
-- (tie) Dallas, Minneapolis - $83;
-- Baltimore - $89;
-- Las Vegas - $97.

By contrast, cities with the priciest real estate by the square foot in
June were:

-- San Francisco Bay Area - $237 per square foot;
-- Orange County - $172;
-- San Diego - $160;
-- Los Angeles - $146;
-- New York City - $137;
-- Boston - $132;
-- Sacramento - $129;
-- (tie) Portland, Seattle - $125;
-- Denver - $123."

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