The table below shows changes in prices for existing homes (single-family houses and condos) for the 100 largest metro areas tracked by Clear Capital in 2018. We also show the change in home prices since the peak of the national market in mid-2006. Prices in more than half of the cities in 2018 met or exceeded their previous peak. The table also shows how far prices have risen since the bottom of the market in early 2012. Prices in almost one-fifth of the 100 cities have doubled since then, led by Las Vegas.
The median home price (half of all homes sold cost more, and half cost less) as of December 31 was $240,000, an increase of $8,000 in 2018, compared with an increase of $20,000 in 2017. The smaller amount reflects a slowdown in home-price growth, as well as an increase in the number of entry-level homes sold.