Heat Map: Home Prices in the Last 10 Years
RealtyTrac released this heat map today, and it’s pretty interesting if you can wrap your head around the various data points on which the map is based:
RealtyTrac analyzed median residential property prices from January 2004 through March 2014 in 1,567 counties nationwide, identifying the peak and trough prices and the months in which those occurred. The analysis also looked at the percentage from peak for median prices in March 2014 as well as percentage peak in each year from 2004 to 2013.
Note this local bit:
724 counties (46 percent) were still 30 percent or more below 10-year peaks in March 2014, including Philadelphia County, Pa., at 31 percent below peak.