2006
Full Data Set
Multiply the market value of your current home by the index number of the destination city where you plan to move. Then, divide that number by the number of the index number of the market where your current home is located. Example: Your home in Tucson (index#62) has a market value of $263,400 and you are moving to Alexandria (index#190). $263,400 x 190= $50,046,000 divided by 62 = $807,193.55. Therefore, the approximate price you would pay for a similar home in Alexandria is approximately $807,193.55.
| State |
Name of Market |
Average Sales Price (U.S.D.)
|
Index Number
|
| Alabama |
Mobile |
$216,109.00
|
51
|
| Arizona |
Phoenix |
$307,966.00
|
73
|
| Colorado |
Denver |
$356,619.00
|
84
|
| Florida |
Miami |
$690,855.00
|
163
|
| Georgia |
Savannah |
$271,000.00
|
64
|
| Illinois |
Chicago |
$916,667.00
|
216
|
| Louisiana |
Baton Rouge |
$243,150.00
|
57
|
| Louisiana |
New Orleans |
$311,821.00
|
74
|
| Maryland |
Baltimore |
$536,250.00
|
126
|
| Minnesota |
Minneapolis |
$421,433.00
|
99
|
| Missouri |
St. Louis |
$255,000.00
|
60
|
| Texas |
Corpus Christi |
$189,300.00
|
45
|
| Texas |
Dallas |
$288,278.00
|
68
|
| Texas |
Houston |
$155,304.00
|
37
|
| Washington |
Seattle |
$514,666.00
|
121
|
HPCI subject homes are based upon a single-family dwelling model with approximately 2,200 sq. ft, 4 bedrooms, 2 1/2 baths, family room (or equivalent) and a 2-car garage. Surveyed homes and neighborhoods are typical for corporate middle-management transferees.
Source: 2006 Coldwell Banker Real Estate Corporation |
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