Where are home values increasing fastest?

Where in the United States are home values increasing the fastest? Using data from Zillow, NerdWallet.com has compiled a top-20 list of cities.

The Top 10 are of great interest to me; they are all clustered around two areas of the country, my Silicon Valley area of California  and the Miami, Florida area.

Take a look at their chart:

Rising Home Value Chart

In the Silicon Valley we have 7 of the top 10:

  • #1 - Palo Alto
  • #3 - Cupertino
  • #4 - Mountain View
  • #5 - Sunnyvale
  • #6 - Redwood City
  • #8 - Menlo Park
  • #9 - Foster City

Other Peninsula towns aren't far behind: Santa Clara, Burlingame, San Mateo, San Francisco, South San Francisco, Daly City among them. Up and down the Peninsula, the story is similar.

For an analysis, and a list of other cities where appreciation has been strong since 2009, read the article,  "Cities with the Fastest Increasing Home Values"

Let me know if I can help you with your Silicon Valley real estate needs.

 

 

--- Come for a visit; Stay for a lifetime!

Lottie Kendall, Realtor®

Compass

CA DRE#10215160; 650-465-4547

Lottie@LottieKendall.com

www.LottieKendall.com

Peninsula Living Business Page

www.SFCondosForMe.com

 

 

Comment balloon 12 commentsLottie Kendall • February 25 2015 09:06AM

Comments

Lottie Kendall Dramatic Examples - Are the prices back to where they were pre-crash in your area, or is there still room to go?

Posted by Steven A. Walny, . . . A Contrasting Point of View in Central Bucks (WEIDEL Real Estate | WEIDEL Realtors) about 4 years ago

With all the money and stock options in Silicon Valley, it isn't surprising that those brainy folks have figured out that home ownership brings more tax breaks than renting.  Lottie Kendall is the Realtor to cal when you want to buy in Silicon Valley, Cupetino, Mountain View or Sunnyvale CA! 

Posted by Ron Marshall, Birdhouse Builder Extraordinaire (Marshall Enterprises) about 4 years ago

Hi Steven A. Walny - our prices dipped about 5% (SFH in Palo Alto) to 15-20% (condos in many towns). They recaptured their loss in 2012/2013. Prices are way up here. Our exceedingly strong job market, combined with lack of land on the Peninsula, creates very high demand.

Posted by Lottie Kendall, Helping make your real estate dreams a reality (Compass) about 4 years ago

Ron Marshall - the many high tech startups and established firms has fueled demand for housing. Our nice weather and exciting cities doesn't hurt, either.

Posted by Lottie Kendall, Helping make your real estate dreams a reality (Compass) about 4 years ago

Well the Silicon Valley sure did fill up a lot of that list Lottie, the demand is sure to grow some more in the future.

Posted by Tom Arstingstall, General Contractor, Dry Rot, Water Damage Sacramento, El Dorado County - (916) 765-5366, General Contractor, Dry Rot and Water Damage (Dry Rot and Water Damage www.tromlerconstruction.com Mobile - 916-765-5366) about 4 years ago

I'm surprised a few other towns weren't mentioned, Tom Arstingstall, General Contractor, Dry Rot, Water Damage Sacramento, El Dorado County - (916) 765-5366, like San Carlos and Belmont.

Posted by Lottie Kendall, Helping make your real estate dreams a reality (Compass) about 4 years ago

Lottie

The information in your post to where the homes are that increasing the fastest show the strength of the real estate market.

Good luck and success.

Lou Ludwig

Posted by Lou Ludwig, Designations Earned CRB, CRS, CIPS, GRI, SRES, TRC (Ludwig & Associates) about 4 years ago

Thanks for sharing these very interesting statistics.

I hope you are enjoying a very productive month.

Posted by Roy Kelley (Realty Group Referrals) about 4 years ago

Lottie, I would have thought Denver would have made this list, but California is looking good! 

Posted by Joan Cox, Denver Real Estate - Selling One Home at a Time (House to Home, Inc. - Denver Real Estate - 720-231-6373) about 4 years ago

Joan Cox - what would think the Denver appreciation has been since 2009? Our area dipped, but didn't tank, in the downturn of 2009-2011; perhaps that's why the 5-year rate is so incredibly high

Roy Kelley   - thanks; it's been an awesome month; 2 listings immediately under contract, and even one buyer closing--and that's something to sing about.


Posted by Lottie Kendall, Helping make your real estate dreams a reality (Compass) about 4 years ago

Lou Ludwig - Florida and California -- and we have the nice weather, too. Hmmm....

Posted by Lottie Kendall, Helping make your real estate dreams a reality (Compass) about 4 years ago

Lottie - that is a very persuasive info-graphic.  Looks like the Bay Area has continued to rise in value.

Posted by Grant Schneider, Your Coach Helping You Create Successful Outcomes (Performance Development Strategies) about 4 years ago

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