Home Value Forecast: End of Year Review

Home Value Forecast: End of Year Review

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SOURCE Pro Teck Valuation Services

Analysis Shows Top Residential Real Estate Market Trends of 2017

WALTHAM, Mass., Dec. 19, 2017 /PRNewswire/ -- This month's Pro Teck Valuation Services Home Value Forecast offers an end of the year review of the top residential real estate market trends of 2017 - focusing in particular on the top CBSAs in three key categories.

Pro Teck Valuation Services logo (PRNewsFoto/Pro Teck Valuation Services)

One of the market trends featured in this end-of-year analysis is highest current sale price - a category that was once again dominated this year by three California metros: San Francisco, San Rafael and San Jose.

All three markets, each of which have made the list every year since 2014, are also the only CBSAs in the country whose average sales price exceed $1 million.

CBSA

Sold Price 2016

Sold Price 2017

San Francisco-Redwood City-South San Francisco, CA

$        1,300,000

$        1,400,000

San Rafael, CA

$        1,150,000

$        1,189,782

San Jose-Sunnyvale-Santa Clara, CA

$           970,000

$        1,150,000

Looking further into the data, California CBSAs accounted for 12 of the top 15 spots in this category - with Vineyard Haven, MA (#4), Honolulu, HI (#8) and Seattle (#15) rounding out the rest of the list.

Click here to read the entire forecast, including end-of-year data and graphs regarding the top three CBSAs with lowest months of remaining inventory and twelve-month sales price appreciation.

About Home Value Forecast

Home Value Forecast (HVF) is brought to you by Pro Teck Valuation Services. HVF provides insight into the current and future state of the U.S. housing market and delivers 14 market snapshot graphs from the top 30 CBSAs.

Reporters interested in national, regional or metro level housing data tailored to meet story needs, please email your inquiry to mediarequest@protk.com.

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