Best Housing Market Q1 to Q2: Columbus, Ohio
According to Clear Capital, the capital of the Buckeye state saw the biggest gain over the last three months. Columbus, Ohio, scored an impressive 13% jump from its Q1 pricing. However, Clear Capital warned not to read too much into the trend.
“Volatility for Columbus, OH is typical, having seen 14 quarterly price swings greater than 5.0% since the start of the downturn in 2006,” the report reads. “Also worth considering is the relatively low median price-per-square-foot of $69, as compared to the national median price-per-square-foot of $105.”
Rounding out the top five quarter-over-quarter gainers are:
2. Phoenix, Ariz., with an 8.7% price gain
3. Seattle-Tacoma area of Washington with an 8.4% gain
4. San Jose and Santa Clara, Calif, region with a 8.1% gain
5. Washington, D.C., and Northern Virginia, up 6.3%