Markets with the best recovery in 2014

December 22, 2014 by SmartZip in Articles 

2014 was a critical year for the housing recovery, with many markets rebounding in price and foreclosures and short sales dwindling to their lowest numbers in years. But recovery is about more than just this past year, so we decided to see which markets had recovered the most from the beginning of the market downturn to the end of 2014. We isolated market areas with 100k or more properties where the net change in home values from peak to trough was greater than 20% during the market correction.


The top 20: Markets with the best recovery by the end of 2014

MARKET NAMESTATE
Provo-OremUT
San Francisco-Oakland-FremoCA
Portland-Vancouver-BeavertonWA/OR
Washington-Arlington-AlexandriaVA/MD
Seattle-Tacoma-BellevueWA
Boise City-NampaID
Atlanta-Sandy Springs-MariettaGA
Baltimore-TowsonMD
San Diego-Carlsbad-San MarcosCA
San Jose-Sunnyvale-Santa ClaraCA
Minneapolis-St. Paul-BloomingtonMN
Los Angeles-Long Beach-Santa AnaCA
Detroit-Warren-LivoniaMI
Myrtle Beach-Conway-North Myrtle BeachSC
Phoenix-Mesa-ScottsdaleAZ
Santa Rosa-PetalumaCA
Ann ArborMI
Boston-Cambridge-QuincyNH

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