Housing Prices Increase in Every Price Range

Dated: September 17 2019

Views: 314

Home Prices Increase in Every Price Range

Home Prices Increase in Every Price Range | MyKCM

CoreLogic’s Home Price Index (HPI) Report revealed,

National home prices increased 3.6% year over year in July 2019 and are forecast to increase 5.4% from July 2019 to July 2020.

They also analyzed four individual home-price tiers, showing the increase in each.

Here’s the breakdown:

Home Prices Increase in Every Price Range | MyKCM To clarify the methodology, CoreLogic explains,

“The four price tiers are based on the median sale price and are as follows: homes priced at 75% or less of the median (low price), homes priced between 75% and 100% of the median (low-to-middle price), homes priced between 100% and 125% of the median (middle-to-moderate price) and homes priced greater than 125% of the median (high price).”

What does this mean if you’re selling?

Price appreciation can differ depending on your price range. If you’re a homeowner thinking of selling, let’s get together to find out how much your home is increasing in value, so you can price it competitively for today’s market.

Blog author image

Eric S. Stegall

Thank you for stopping by my site. I'm happy to help with your discovery of the Seneca/Lake Keowee area of South Carolina. I grew up in Seneca, graduating from Seneca High School in 1988. I moved back....

Latest Blog Posts

Lake Keowee Real Estate Market Update - July 2022

This report includes single family homes that are waterfront and off water homes  around Lake Keowee. The Median Price of a home is up 5.9% at $659,000.The number of homes for sale sits at

Read More

Lake Keowee Real Estate Market Update - June 2022

This report covers residential properties on and around Lake Keowee. These properties include single family, townhomes and condos on and off water. This report is year over year/month over month.

Read More

Real Estate Agents: Are you generating your own leads?

eXp Realty has over 80 hours of training each week and provides the agent the tools needed to generate their own leads. In the example below the agent is actually not on a 70/30 split but

Read More

Lake Keowee Real Estate Market Update - May 2022

This report covers residential properties on and around Lake Keowee. These properties include single family, townhomes and condos on and off water. This report is year over year/month over month.

Read More