Home Prices Increase in Every Price Range


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:

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, connect with a real estate professional to find out how much your home is increasing in value, so you can price it competitively for today’s market.

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© 2020 by Chris Dudley

Realtor, and TEAM LEADER of the Dudley Real Estate Group, with Berkshire Hathaway Home Services PenFed Realty

The Dudley Real Estate Group - Licenced in WV, VA, MD & DC    What is my home worth? Click here to get a FREE VALUATION

Chris Cell (202) 297.3047 | Chris@DudleyREGroup.com

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​© 2012-2019 by CHRIS DUDLEY with Berkshire Hathaway Home Services - Building Relationships.... NOT just selling!

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